Pat McDonagh, the owner of Supermac's, has openly criticized legal professionals advocating for nearly a 17% increase in personal injury awards. He argues that such proposals reflect self-interest and could harm the ongoing efforts for necessary insurance reforms. McDonagh warns that if awards rise, the Injuries Resolution Board may face derailment, resulting in more cases returning to litigation, thereby escalating insurance costs for businesses, affecting affordability and availability of coverage.
Pat McDonagh argues that the recent proposals to increase personal injury awards are primarily driven by self-interest among legal professionals, undermining insurance reform efforts.
McDonagh warns that higher personal injury awards will lead to more cases returning to court, which will ultimately result in increased insurance premiums for businesses.
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