The Enterprise Minister is defending plans to increase personal injury awards.
A Cabinet sub-committee is meeting today to examine recommendations from the Judicial Council for a 17% increase in the threshold.
A recent Central Bank report found the cost of settling motor claims rose 23% in the first six months of last year, compared to 2023.
Minister Peter Burke says the insurance sector also needs to be held accountable for rising prices:
The Irish Hotels Federation says the planned 17% increase in personal injury award levels would seriously hit the hospitality sector.
Chairperson of the Donegal Branch of the IHR, Aisling Arnold, says those making the decisions aren’t aware of what’s happening on the ground:
