NSW Workers compensation under fire

NSW Workers compensation under fire

The NSW workers compensation scheme and nominal insurer (icare) have come under fire from an industry expert. icare insures 3.6 million employees and collects over $2 billion in premiums p.a. According to former principal actuarial adviser, the NSW scheme is in...
Premium Renewal Update

Premium Renewal Update

The Premium Renewal Update marks a significant step forward for ABILITY GROUP, designed to enhance customer experience, streamline subscription management, and deliver greater value to members. This update ensures that every renewal process is not only seamless but...
Icare Updated Premium Model

Icare Updated Premium Model

icare recently communicated NSW workers compensation premium formula has been updated. An important change is the exclusion of fatality claims. icare Updated Premium Model The Late Payment Fee rose from 0.779% to 0.808% per month (compounded), the Mine Safety Levy...
Workplace Sexual Harassment

Workplace Sexual Harassment

Sexual discrimination & harassment is described by the Anti-Discrimination Board of NSW as when someone is “treated unfairly or harassed”. On the back of the recent Me Too media coverage, we look at the impacts in the workplace & resulting claims. Workplace...