The Personal Injuries Assessment Board (PIAB) was put in place to settle claims without the need to incur legal costs. The legal costs in personal injuries claims that end up in court are nearly 20 times higher than those for cases dealt with by PIAB, Central Bank research has found. Minister for Trade Promotion, Digital and Company Regulation Robert Troy has now launched a public consultation on reforming the remit of PIAB to ensures it deals with more personal injuries cases. Just 17pc of motoring personal injuries cases are settled through PIAB, with 33pc litigated and 50pc settled directly by insurers. However, the number of cases taken through the PIAB process has fallen in recent years.

Source: Irish Independent March 22, 2021 16:47 UTC