News & Statements

Topical Issue re home insurance refusals for Pyrite affected and remediated homes

I thank the Minister of State for taking this issue. I am fully aware of the work the Department and relevant bodies are undertaking to implement the recommendations of the report of the pyrite panel. I acknowledge it is a long and complex process to oversee the implementation of these recommendations, particularly as priority has been given to remediation rather than any other issue. I find it necessary, however, to highlight a particular recommendation in section 22 of the report with regard to home insurance issues that may require a new and more robust approach by Departments.

Topical Issue re home insurance refusals for Pyrite affected and remediated homes

I thank the Minister of State for taking this issue. I am fully aware of the work the Department and relevant bodies are undertaking to implement the recommendations of the report of the pyrite panel. I acknowledge it is a long and complex process to oversee the implementation of these recommendations, particularly as priority has been given to remediation rather than any other issue. I find it necessary, however, to highlight a particular recommendation in section 22 of the report with regard to home insurance issues that may require a new and more robust approach by Departments.

Anglo debt deal is brilliant feat of financial engineering – Coghlan

Fine Gael Kerry Senator and Seanad Chief Whip, Paul Coghlan, has today (Thursday) described the deal to wind down the former Anglo Irish Bank which was struck by the Government last week as the most brilliant piece of financial engineering in the history of the State. Senator Coghlan was speaking during the Order of Business in the Seanad.