Insurance payouts report findings

Published: Nov. 3, 2022, 7:30 a.m.

Almost half of insurance payouts in the first six months of the year were issued through the Personal Injuries Assessment Board rather than through litigation or the courts \u2013 a figure which is up from 34% for the same time the previous year. \n\nThe report from the PIAB also shows that the overall average compensation award was \u20ac14,786, nearly 40% lower than the rate before the Guidelines were introduced. \n\nStephen Watkins, director of corporate services for the Personal Injuries Assessment Board