50% Drop In The Amount Paid Out In Personal Injury Awards.

Tuesday, 6 July 2021 09:18

Changes to personal injuries guidelines came into effect at the end of April.

The amount paid out in personal injuries claims has fallen by half in the last six months, according to data being presented to Cabinet Ministers this morning.

The Personal Injuries Assessment Board data shows a significant drop in the level of payouts.

Our Political Correspondent Seán Defoe reports:

The Government's new personal injury guidelines have decreased the average payout by around 50% | @aoifegracemoore reports https://t.co/keLeE6IVnx
— Irish Examiner (@irishexaminer) July 6, 2021

Changes to personal injuries guidelines, which reduced the amount awarded for some injuries, came into effect at the end of April.

Initial data appears to show the average award has fallen by half, with 78 per cent 15,000 euro or lower, compared to 30 per cent last year.

Peter Boland from the Alliance for Insurance Reform says the real test will be if insurance premiums come down:

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