The Injuries Board issued a news release on 5 October 2016 regarding revised Guidelines as to the amounts that may be awarded or assessed in personal injury claims (Book Quantum).
A copy of the news release can be found here.
In addition, the Injuries Board have published a revised Book of Quantum, which can be found here.
The revised Book of Quantum follows an examination of over 51,000 closed personal injury claims during 2013 and 2014. According to the news release, the revised guidelines reflect prevailing compensation rates in the market. It is envisaged that the new Book of Quantum will have a stabilising effect on compensation awards across the market.
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