SIRA bulletin - Issue 44
17 June 2022
Raising the bar on transparency and accountability in NSW insurance schemes
SIRA is stepping up transparency of insurer and regulated entity performance in the workers compensation, motor accidents and home building compensation schemes.
Chief Executive Adam Dent said that under a new publishing policy, SIRA will routinely publish more information about its compliance and enforcement activity.
“I’m today releasing a policy that will enhance regulatory transparency and accountability in SIRA-regulated insurance schemes,” Mr Dent said.
“The policy outlines the types of information I will make publicly available, including the imposition of insurer licence conditions, improvement notices, and more details about our investigations.”
SIRA issues a letter of censure to QBE Insurance
SIRA has issued a letter of censure to QBE Insurance (Australia) Limited under section 9.10(1) of the Motor Accidents Injuries Act 2017.
Motor Accident Injuries Amendment Regulation 2022
Regulation that commenced from 10 June 2022 clarifies that the Personal Injury Commission has jurisdiction to deal with disputes about future treatment and care.
CTP insurer claims experience and customer feedback report
The latest report that compares motor accidents insurer performance over the course of a claim journey is now available.
Allied health practitioners: reminder to reapply for approval
Approved allied health practitioners must reapply to SIRA before 15 July 2022 to continue delivering services in the NSW workers compensation system.
Indexed adjustments to workers compensation benefits from 1 July 2022
The Workers compensation benefits guide has been updated to reflect increases in amounts used to calculate entitlements to compensation, which apply from July 1 2022.