Mondaq Australia: Insurance
Government changes to the Compulsory Third Party insurance scheme is likely to end up with motorists paying even more.
Companies should implement amendments to contracts and update compliance materials, to comply with the new regime.
The levy could be costly for owners of large commercial and industrial buildings, and for tenants liable for outgoings.
The Australian Stock Exchange Listing Rules 3.1, 3.1A and 3.1B, and Guidance Note 8 concerning continuous disclosure obligations came into effect on 1 May 2013.
Employers licensed under the SRC Act should note that the State scheme may still operate and manage claims accordingly.
The O'Farrell government is planning major changes to the Compulsory Third Party scheme.
An award for damages is not to fulfil ideal requirements for an injured person, but rather the reasonable requirements.
This decision will only have application in recovery actions when the worker is injured because of a transport accident.
This decision confirms the conclusive and binding nature of MAS Determinations, but only for the issues they certify.
The term 'Reasonably fit' is not limited to types of work which have previously been undertaken by the insured claimant.
The District Court has held that the costs regulation will still apply where an insurer has rejected a CARS determination.
The Supreme Court has ordered that the decision of a CARS assessor be quashed and re-assessed.
The WA Supreme Court has held that the proportionate liability regime does not apply to commercial arbitrations.
Insurers face difficulties when, having denied indemnity to an insolvent insured, it is joined to proceedings by a third party.
A discussion of the New Zealand case of Steigrad & Ors v BFSL2007 Ltd & Ors HC.
Looking back, 2012 will be remembered for a number of key decisions on director liabilities.
Recent reports have examined medical indemnity claims in the public and private sectors.
Two recent NSW cases are of significance to recovery claims.
Due to changes introduced by the NSW Government, an anticipated surge in workers compensation premiums has been avoided.
On Thursday 14 March 2013, the Insurance Contracts Amendment Bill 2013 (the Bill) was introduced to Parliament.
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