Monday January 20, 2020

Minister aims to limit payouts for top five personal injury claims

Insurance premiums expected to drop in line with award reductions

Aaron Rogan

News Correspondent

24th November, 2019
Michael D'Arcy TD Minister of State at the Department of Finance and the Department of Public Expenditure and Reform. (Pic: Fergal Phillips)

The book of quantum on the top five personal injury cases will be significantly reduced early next year, Junior Minister for Finance Michael D’Arcy has said.

D’Arcy said this was the first step towards reducing premiums for businesses. He expects the cost of insurance to fall relatively quickly after the lowering of awards.

He said the most common injuries that result in claims will be dealt with by the end of...

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