Advertisement

Insurance industry need some controls placed on big payouts in the courts

According to the Central Bank of Ireland data this week, the average legal fees for claims using the personal injury assessment Board were just over €1000 whereas the average legal fees if the matter is brought before the courts known as litigation were €18,000. It’s all important because insurance premiums cannot fall without some controls placed on big payouts in the courts according to the insurance industry. Speaking to Joe with more on this Stuart Gilhooley from HJ Ward personal injury solicitors joins me now.

Share this article

05.45 27 Apr 2023


Insurance industry need some controls placed on big payouts in the courts



Share this article

05.45 27 Apr 2023


According to the Central Bank of Ireland data this week, the average legal fees for claims using the personal injury assessment Board were just over €1000 whereas the average legal fees if the matter is brought before the courts known as litigation were €18,000.

It’s all important because insurance premiums cannot fall without some controls placed on big payouts in the courts according to the insurance industry.

Speaking to Joe with more on this Stuart Gilhooley from HJ Ward personal injury solicitors joins me now.


Read more about

Breakfast Business

Related Episodes

Summer Memories with Maia Dunp...

00:15:44

Summer Memories with Maia Dunphy

Lunchtime Live Highlights

00:15:44


Would you live on one of Irela...

00:12:22

Would you live on one of Ireland’s islands?

Lunchtime Live Highlights

00:12:22


Should you make your children...

00:16:46

Should you make your children do chores?

Lunchtime Live Highlights

00:16:46


What is it like to live in the...

00:12:44

What is it like to live in the hottest areas of Europe?

Lunchtime Live Highlights

00:12:44