Oireachtas Joint and Select Committees

Wednesday, 18 December 2019

Joint Oireachtas Committee on Justice, Defence and Equality

Access to Justice and Legal Costs: Discussion (Resumed)

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We can ask PIAB in that regard. The point I am making is that it is likely the 1,200 claims that Insurance Ireland is rejecting are claims that have higher costs, that is, those that are at the higher end of perhaps €90,000 or €100,000. We know the cost of these claims when they are litigated makes up over 50% of total costs, even though they are a small proportion, given some 7% of claims are above €100,000. The reality is Insurance Ireland could have rejected every single one of them and, therefore, Insurance Ireland or the insurance companies could be the reason 50% of the legal costs are being paid out through the courts because they did not accept the settlements from PIAB.

Comments

No comments

Log in or join to post a public comment.