Sunday August 9, 2020

Law Society wants insurers to be forced to cut premiums

Call comes as Judicial Council weighs up potential reduction in personal injury awards

9th February, 2020
The first meeting of the new Judicial Council at King’s Inns: the body has been tasked with making recommendations on personal injury awards. Picture: Rollingnews

The Law Society of Ireland has called for legislation to force insurers to cut premiums in line with any potential reduction in personal injury awards.

In a message to members posted on its website last week, the Society said reducing damages would merely “take from the pockets of injured victims of negligence in order to line the pockets of an increasingly profitable insurance industry”.

The General Election 2020 Priorities document added: “If there...

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