Seanad debates
Tuesday, 25 November 2003
Personal Injuries Assessment Board Bill 2003: Report and Final Stages.
One of the main objectives of this legislation is to reduce the astronomically high insurance costs for consumers and businesses. Those insurance costs are added to by perhaps 40%, or according to Senator Mansergh, by as much as 100%, in terms of costs additional to the awards. The Tánaiste yesterday gave us the figure of 70% of cases in Ireland requiring barristers, compared to a figure of 4% in Britain.
No comments