Tánaiste: Law to make insurance companies pass on savings 'sensible idea'

Sinn Féin's Pearse Doherty said the insurance industry "cannot and should not" be trusted to deliver lower prices on its own, and claimed the industry had acted in a "cartel-like" manner 
Tánaiste: Law to make insurance companies pass on savings 'sensible idea'

Sinn Féin's Pearse Doherty said that the personal injury guidelines would see lower awards to people who go to court and that these savings had to be passed on to the consumer. 

Legislation forcing insurance companies to pass on the savings made from lower injury awards is a "sensible idea", the Tánaiste has told the Dáil.

Taking Leaders' Questions, Leo Varadkar said that the Government had worked to reform the insurance industry in recent years. 

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