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Insurance payouts report findings

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Sinopsis

Almost half of insurance payouts in the first six months of the year were issued through the Personal Injuries Assessment Board rather than through litigation or the courts – a figure which is up from 34% for the same time the previous year. The report from the PIAB also shows that the overall average compensation award was €14,786, nearly 40% lower than the rate before the Guidelines were introduced. Stephen Watkins, director of corporate services for the Personal Injuries Assessment Board