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Insurance Industry

Dáil Éireann Debate, Wednesday - 14 November 2012

Wednesday, 14 November 2012

Ceisteanna (201)

Jack Wall

Ceist:

201. Deputy Jack Wall asked the Minister for the Environment, Community and Local Government his view regarding a submission (details supplied); if there is any mechanism available to the persons through the planning regulations that can permit the persons protect their interests; and if he will make a statement on the matter. [50562/12]

Amharc ar fhreagra

Freagraí scríofa

HomeBond is a private limited company providing structural guarantees for new houses and, since November 2008, the HomeBond Insurance Scheme is underwritten by Allianz Insurance. As in the case of any private company its operations , including how it deals with inspections or claims, are a matter for its management and Board of Directors. My Department understands that HomeBond Insurance Services Ltd is regulated by the Central Bank of Ireland.

I appreciate that t he circumstances referred to in the Question are difficult and distressing. However, as these concern a private contract between an individual house purchaser and a series of third parties including HomeBond , and the enforcement of contracts is a civil matter, I have no remit in regard to the matters raised.

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