How other countries manage to cap personal injury payouts
A whiplash claimant in Britain gets just one-fifth of the payout received by their Irish counterpart, writes Peter O’Dwyer
Ireland’s insurance crisis is a multi-faceted issue for which blame lies at any number of doors across government, insurers and the legal profession.
The issue of insurance payouts for soft-tissue injuries is by no means the only factor contributing to large motor premiums specifically but there’s no doubting that awards in Ireland are completely out of whack with the rest of the western world.
Research published by the Personal Injuries Assessment Board (PIAB) ...
