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Insurance Industry Regulation

Dáil Éireann Debate, Tuesday - 25 February 2014

Tuesday, 25 February 2014

Questions (455)

Michael Healy-Rae

Question:

455. Deputy Michael Healy-Rae asked the Minister for the Environment, Community and Local Government if his attention has been drawn to the fact that many of the insurance providers for architects and engineers are pulling out of the Irish market due to the new regulations being introduced on 1 March, which will only lead to higher premiums for everyone involved and it obviously means that a lot of these architects and engineers will be under severe pressure as they will be prevented from certifying building works from 1 March; and if he will make a statement on the matter. [9109/14]

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Written answers

The Building Control (Amendment) Regulations 2014, among other things, addressed concerns which had arisen last year in relation to the insurability and legal consequences of the statutory certificates of compliance that will be required from 1 March 2014. My Department understands that the construction professional bodies representing the registered architects, surveyors and engineers are now satisfied that the necessary insurance cover will continue to be available to their members.

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