The Department expects to be refunded approximately €22 million in recovered benefits
For many years now, compensation awards paid by insurance companies in personal injuries cases have been reduced to take account
of the payment of social welfare benefits arising out of accidents. The rationale relied upon by insurers was that claimants should not be compensated on the double.
The Department of Social Protection and its predecessors looked on in frustration as it unwittingly subsidised insurance companies in the multi-million euro business of personal injuries compensation.
There was no legal provision to allow it claw back the payment of welfare benefits used by insurance companies to keep compensation to a minimum.
Read More >> http://www.irishtimes.com/news/crime-and-law/personal-injury-claims-to-be-transformed-under-new-act-1.1863187
For many years now, compensation awards paid by insurance companies in personal injuries cases have been reduced to take account
of the payment of social welfare benefits arising out of accidents. The rationale relied upon by insurers was that claimants should not be compensated on the double.
The Department of Social Protection and its predecessors looked on in frustration as it unwittingly subsidised insurance companies in the multi-million euro business of personal injuries compensation.
There was no legal provision to allow it claw back the payment of welfare benefits used by insurance companies to keep compensation to a minimum.
Read More >> http://www.irishtimes.com/news/crime-and-law/personal-injury-claims-to-be-transformed-under-new-act-1.1863187
No comments:
Post a Comment