Seanad debates

Wednesday, 5 November 2003

Insurance Industry Reform: Motion.

 

By eliminating the need for litigation costs where legal issues are not in dispute, the PIAB will significantly reduce the cost of delivering compensation. The PIAB will also offer speedier assessments to the benefit of genuine claimants. Independent research has shown that claimants in Ireland wait six times longer than in the UK for negotiations to commence on personal injury claims. Some claims will still end up in court and reform of courts legislation is another major area for Government action.

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