Insurance report going to Cabinet today notes average pay out has decreased by approximately 50% A progress report on how government is tackling rising insurance costs will go to Cabinet today. By Christina Finn Tuesday 6 Jul 2021, 6:15 AM 16 hours ago 13,134 Views 30 Comments Image: Shutterstock/Andrey_Popov Image: Shutterstock/Andrey_Popov A PROGRESS REPORT on insurance reform will be brought to Cabinet today by Tánaiste Leo Varadkar which notes that preliminary data from the Personal Injuries Assessment Board (PIAB) indicates that the average award paid out has decreased by around 50%. The implementation report of the Action Plan for Insurance Reform seeks to make Ireland’s insurance sector more competitive and consumer-friendly.