Personal Injuries Assessment Board hopes ruling will lead to more cases resolved without litigation
Insurers have been urged to “deliver their part of the bargain” by reducing insurance costs following the rejection of a lead challenge to new guidelines slashing awards for minor personal injuries.
The Alliance for Insurance Reform issued the call when welcoming the High Court judgment on Thursday dismissing the lead challenge to the judicially approved guidelines, which came into effect in April 2021 and have led to awards from the Personal Injuries Assessment Board (PIAB) being slashed by up to 50 per cent.
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