Search Results for 'Personal Injuries Assessment Board'
3 results found.
Profits continue to increase for motor insurance companies
Motor insurers in Ireland saw their profits increase to a ten-year high in 2020, despite the majority of motorists being off the road due to Covid-19 lockdowns.
Insurance companies cannot pocket savings from lower payouts, notes Naughten
The Personal Injuries Assessment Board (PIAB) has reported that with the average injury payout reduced from just under €24,000 to just over €14,000, the insurance industry must not be allowed to pocket these savings and must instead pass them on to their customers, according to local Independent Deputy, Denis Naughten.
Drop in personal injury awards must see insurance premiums slashed, says McNelis
Insurance premiums for personal and business customers must be “slashed” and the Government “finally get a grip” on an industry which has “had its own way for far too long”.
