Image: Shutterstock/Monkey Business Images Image: Shutterstock/Monkey Business Images A REFERENDUM ON capping insurance payouts can’t be ruled out in the future if reforms of the industry fail, Taoiseach Leo Varadkar said today.
“We should not rule out a referendum down the line if the existing reforms that are planned do not work,” he said. These new guidelines will replace the book of quantum, which currently set out the level of awards people should be awarded in the courts. “I hope that once the new guidelines are in place, and even before then, judges will recognise the importance of having reasonable guidelines and awards that are in line with international norms because high payouts have a real-world impact.
You don’t need a referendum, Just cut out the court cost and dodgy claims for compensation.
Do it ! The insurance companies are like turkeys, they don’t vote for Christmas
Great idea. 5 grand for whiplash max.