Insurers to defy calls for premium price cuts despite slashing of injury awards independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.
Insurers play down calls for premium cuts despite slashing of injury awards independent.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.ie Daily Mail and Mail on Sunday newspapers.
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The country s most senior judges have voted in favour of new guidelines aimed at reducing the level of personal injury pay-outs.
The 166-member Judicial Council adopted the new rules at a meeting earlier today.
Proposals will go before Cabinet next week on the implementation of the guidelines.
The aim is for more consistency in damages - with awards for the most severe and catastrophic injuries now set at around €550,000.
The new judicial rules are set to replace the current Book of Quantum guidelines on the amounts awarded for personal injuries.
The edicts will mean an overall reduction in damages for minor injuries.
Judges back new guidelines to reduce personal injuries awards thejournal.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thejournal.ie Daily Mail and Mail on Sunday newspapers.
Oireachtas committee wants personal injury awards cut rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.