Insurers sound alarm over claimants rejecting PIAB injury awards and going to court instead
Low take-up of PIAB settlement awards presents ‘significant uncertainties’ to personal injury guidelines intended to reduce amount paid out to claimants
Insurers will today signal their concern over the number of people who are declining an insurance settlement offer from the Personal Injury Assessment Board (PIAB) and are going to court to try and win a higher award for personal injury claims.
Insurance Ireland, the industry’s lobby group, will tell the Oireachtas finance committee that the low take-up of PIAB settlement offers presents “significant uncertainties” to personal injury guidelines adopted last year to reduce the amount ...