It comes as the Judicial Council agreed to revise the guidelines for personal injury awards.
The government is prepared to take action on insurance companies, if they do not reduce costs as a result of new award guidelines.
That's according to Minister of State at the Department of Finance, Sean Fleming, after the Judicial Council agreed to revise the guidelines for personal injury awards.
It is hoped that this will pave the way for reduced insurance premiums.
The Laois-Offaly Fianna Fáil TD says he will be meeting with companies to ensure they start bringing down their costs:
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