The Injuries Resolution Board saw a 10% increase in personal injury claims last year, with a total of 20,263 claims made. Despite the rise, this volume remains 35% lower than in 2019. Motor liability claims saw a 14% increase, while public liability and employers liability claims also rose.
Awards totaling €170 million were made, up €29 million from the previous year but still down 38% from 2019 due to lower volumes. The median award value was €11,650, a 37% reduction from 2020. Fatal injury claims increased by 37%, with vulnerable road users making up half of all road deaths.
Consent rates for assessments were higher, with 71% agreeing to board assessments. The board estimated €75 million saved in avoided costs due to claims not going to litigation. Severe or serious injury awards doubled in the second half of 2023, while minor injury claims decreased.
The impact of the Personal Injury Guidelines was evident, with the Alliance for Insurance Reform noting savings not being reflected in lower premiums. Minister Dara Calleary praised collective efforts for a stable insurance environment but called for savings to be passed on to consumers. Insurance Ireland sees positive trends but warns of rising litigation costs and motor damage expenses. The Injuries Resolution Board’s role in increasing settlements through mediation was emphasized.
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