The amount paid out in personal injuries claims fell by half in the last six months, according to data being presented to Cabinet Ministers this morning.
Tánaiste Leo Varadkar will present a report to his cabinet colleagues on the first six months of an action plan to cut the cost of insurance.
New personal injuries guidelines, which reduced the amount that can be awarded for some injuries, came into effect at the end of April.
The Personal Injuries Assessment Board data shows a drop of 50% in the level of payouts.
Irish Coast Guard, RNLI and Water Safety Ireland urge everyone to 'Unite to Turn the Tide
Bray Wanderers Head To Cobh Amid Apparent Cross-Channel Interest In Seagulls Talent
New Laws Boost Protection In Wicklow Mountains National Park
Woman Dies In Waters At Wicklow Beach
Wicklow Housing Remains Ireland's Most Expensive Outside Dublin