SIRA has created new standards of practice and guidelines for insurers to improve outcomes in the workers compensation system.
CIC Allianz will cease to sell CTP policies from 15 January 2019
The Authority has approved the request from CIC Allianz to cease selling NSW Compulsory Third Party CTP Policies from 15 January 2019.
Gordian RunOff Limited granted a NSW CTP insurer licence
Gordian RunOff Limited has been granted a NSW CTP insurer licence. Zurich will transfer open claims to Gordian RunOff Limited on the 31 December 2018.
2019 workers compensation fees orders released
SIRA’s 2019 workers compensation fees orders were gazetted today and apply to services provided on or after 1 January 2019.
2017 CTP Green Slip scheme – the first year
It’s been a year since the 2017 CTP Green Slip scheme started on 1 December 2017. To date, over 10,000 people have been supported by the scheme, with almost $70 million in benefits paid to support people’s recovery.
Dispute resolution reforms to commence on 1 January 2019
The commencement of key workers compensation dispute resolution reforms have been notified on the NSW Legislation website to take effect from 1 January 2019.
Independent actuarial reports on CTP premium parameters released
SIRA has released the reports of an independent actuarial review of CTP premium parameters. These reports informed the SIRA Board’s recent approval of revisions to premium parameters.
HBC Assist tool now available
We have launched a new online tool called HBC Assist.
All employers need a return to work program
The State Insurance Regulatory Authority (SIRA) is reminding NSW employers to have ansup-to-date return to work program to respond to work-related injury or illness by 31 May 2019.