€9m ‘excess’ transferred from injuries board to exchequer

€9m ‘excess’ transferred from injuries board to exchequer

The sum has been withdrawn from the accounts of the PIAB after the Comptroller and Auditor General (C&AG) recommended that its level of reserves be reviewed

Some €9 million in fees paid by insurance claimants and respondents to the Personal Injuries Assessment Board (PIAB) has been transferred to the government’s coffers despite calls to use them to tackle soaring premiums and reduce fraud.

The sum has been withdrawn from the accounts of the PIAB after the Comptroller and Auditor General (C&AG) recommended that its level of reserves be reviewed.

The government passed legislation in April 2019 allowing it to...

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