Significant changes have been set in motion in order to address the cost of insurance for motor, employers liability and public liability policies in Ireland.
The working party have provided recommendations, including:
- CSO to consider the feasibility of Collecting price information on the cost of insurance to business.
- Central Bank of Ireland to examine the merits and feasibility of collecting date for employer liability and public liability claims in the national claims information database.
- Developing constitutionally sound legislation to cap the amount of damages which a Court may award in respect of some or all categories of personal injuries.
- Making use of existing (yet largely ignored) provisions to allow a Defendant to be more confident in their ability to defend (and challenge) a Plaintiff’s case where there is a suspicion of fraud or exaggeration. Notably Section 8 of the Civil Liability and Courts Act 2004 which is designed to ensure that Defendants are notified of a claim against them within 2 months of the incident.
- Training for the Judiciary to improve consistency in relation to the assessment of damages in personal injuries cases.