PIAB ratchets up fees to offset €3.5m deficit
Personal Injuries Assessment Board says cost increase for insurers will expand service and won’t affect premiums
The Personal Injuries Assessment Board (PIAB) is hiking case fees from €600 to €1,000 to reduce the multimillion euro budget deficit at the government body.
PIAB charges a fee to insurance companies for processing personal injury claims at low cost, rather than dealing with them in court.
It has run up a €3.5 million deficit during the pandemic due to increased costs and a ban on carrying out medical inspections of personal injury claimants during ...