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50% Reduction In Average Personal Injury Award Pay-Outs.

Stock image: Shutterstock

78% of awards are now €15,000 or lower.

The average award for personal injury claims has decreased by 50 per cent since new guidelines came into effect.

The Cabinet will receive an update on the Action Plan for Insurance Reform, when it meets this morning.

Changes to personal injuries guidelines, which reduced the amount awarded for some injuries, came into effect at the end of April.

Initial data appears to show the average award has fallen by half, with 78 per cent 15,000 euro or lower, compared to 30 per cent last year.

Peter Boland from the Alliance for Insurance Reform.

He joined Ciara Noble and Clem Ryan on Tuesday's edition of Kildare Today.

 

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