Personal Injuries Assessment Board
Minister of State with special responsibility for Financial Services and Insurance Michael D’Arcy: “I would like to see more claims going through the injuries board, but people are of the impression that they will get a higher reward through the courts.” Photograph: Dara Mac Dónaill
Minister signals intention to review personal injury payouts

People are being forced to pay “huge” insurance premiums because individuals are exaggerating personal injury claims, and legislation introduced to re(...)

Fine Gael TD Bernard Durkan said it was vital the new compensation rules were fair to serving members given the nature of their work.
New laws to bring Garda compensation claims before injuries board

New laws governing Garda compensation will allow for future claims to be brought before the Personal Injuries Assessment Board (PIAB) in a move design(...)

The average whiplash payout in Ireland is €15,000. Photograph: Getty Images
Whiplash claims cap could save motorists €150 a year

Curbing the cost of whiplash claims would save Irish motorists up to €150 on their motor insurance premiums every year, the head of one of Ireland’s l(...)

Motor Insurers’ Bureau of Ireland noted it is often difficult to locate uninsured and unidentified vehicles following collisions. Photograph: istock
Insurers rail against ‘extravagant’ loss-of-earnings claims

Extravagant loss of earnings claims are being made to the Personal Injuries Assessment Board, insurance companies have told the Government. In a subm(...)

PIAB: Medical reports filed with claims often “do not provide us with adequate information” and have to be coupled with later examination. Photograph: Thinkstock
Call for compo claims to be suspended if medical exam refused

Legal compensation claims should be suspended when claimants refuse to attend a medical examination, the Personal Injuries Assessment Board (PIAB) has(...)

Michael McGrath said an issue appeared to have arisen in areas insurance such as employer liability and public liability ’because of the lack of predictability and the inconsistency in court awards’. Photograph: Gareth Chaney Collins
Firms take ‘crazy risk’ of going without insurance to stay in business

Some companies are taking the risk of going without insurance to stay in business, because they cannot afford the premiums, the Dáil has heard. Fiann(...)

Eoghan Murphy: report likely to include a requirement insurance companies provide “enhanced transparency” on how premiums are calculated. Photograph: Dave Meehan
Motor insurance cost report not so speedy

It looks like we’ll have to wait until the new year for Minister of State for Financial Services Eoghan Murphy to produce his report on measures to he(...)

Motor insurance premiums were climbing at an annual rate of 38.5 per cent in July. Photograph: iStock
Motor insurance increases taper off in November

The cost of motor insurance rose by almost 1 per cent last month, leaving prices 11.7 per cent higher on average than the same month last year. The ra(...)

The report recommends that consumers be given detailed cost information in renewal notices, that PIAB be given greater powers, and that the book of quantum, which provides guidelines for payouts, be updated on a regular basis
Committee’s report on motor insurance may be just the start

Reforms of Motor Insurance Costs, the Political Response: Part One. This might have been an apt title for the report published yesterday by the Oirea(...)

Minister of State for Finance Eoghan Murphy is expected to announce the establishment of the Personal Injury Commission in the coming weeks. Photograph: Simon Dawson/Bloomberg
State to set up commission on personal injury claims

The Government is to set up a new commission on personal injury claims in an attempt to bring insurance payouts following car crashes into line with (...)