The NSW Motor Accidents Authority (MAA) has issued a warning today following reports of a suspected Compulsory Third Party (CTP) insurance scam.

Minister for Finance and Services Greg Pearce said today the NSW Compulsory Third Party (CTP) scheme will be reviewed with the aim of speeding up accident claims and putting downward pressure on premiums.

Minister for Finance and Services Greg Pearce said today the proposed review of the NSW Compulsory Third Party Scheme is needed to bring down costs for motorists.

Motorists could save about 15 per cent on their green slips under proposed reforms to make the Compulsory Third Party (CTP) insurance scheme fairer and more affordable.

Minister for Finance and Services Greg Pearce said today opposition from lawyers to proposed changes to Compulsory Third Party (CTP) reforms is no surprise as the changes will see money flow to accident victims rather than legal fees.

Motorists will soon be paying up to 15 per cent less for their Compulsory Third Party (CTP) insurance, with the NSW Government set to introduce legislation this week to make the green slip scheme fairer and more affordable.

Acting Minister for Finance and Services Andrew Constance has today announced details for the NSW Government’s CTP roundtable, with relevant stakeholders and community representatives to discuss the proposed reforms at Parliament House on Wednesday 24 July.

Minister for Ageing and Disability Services Andrew Constance today released further details on the NSW Government’s CTP roundtable to consult with industry and the community on the Motor Accident Injuries Amendment Bill 2013.

Minister for Ageing and Disability Services Andrew Constance today announced that John Della Bosca and John Walsh AM would assist a steering committee in advising the NSW Government on its CTP reforms.

The Motor Accidents Authority has today released the actuarial advice that supports the NSWsGovernment’s reform to drive down the cost of green slips for motorists.