Insurers run out of excuses for high premiums as awards for compensation close to 15-year low (via Independent.ie)

In the first six months of this year, the average award through the PIAB scheme to claimants was €14,786

The number of personal injury compensation claims this year is expected to be at the lowest level for 15 years, with pressure mounting on insurers to start putting money back into the pockets of policyholders.

Thousands of businesses and voluntary organisations are battling with unaffordable premiums, caused in part by the sums paid out by insurers in compensation awards.

To read the full story please visit:
https://www.independent.ie/business/personal-finance/insurers-run-out-of-excuses-for-high-premiums-as-awards-for-compensation-close-to-15-year-low-42117965.html

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