Call for debate on personal injury compensation

THE Irish Insurance Federation wants a public debate on the levels of compensation awarded in personal injury cases.

The call came just a day after Transport Minister Martin Cullen pushed through legislation in the Dáil revoking the need for unlimited insurance cover for drivers on Irish roads.

Yesterday, IIF chief executive Mike Kemp said while recent reforms have helped create an environment for insurers to cut premium rates significantly, these reforms have focused on tackling just two out of the three main factors which determine premium levels - claims frequency and the legal and associated handling costs of claims.