by ABILITY GROUP | May 18, 2026 | Premium, Workers Compensation
Workers’ compensation remains one of the most challenging costs for NSW employers to control. Economic uncertainty, skills shortages, and rising regulatory expectations are stretching leadership teams. IN May 2026 icare premium update confirms these pressures...
by ABILITY GROUP | Jul 21, 2025 | Premium, Workers Compensation
Each Australian States & Territory have different workers’ compensation legislation & consequently, the method (or formula) used to calculate a workers’ compensation premium. Workers’ compensation insurance premiums are typically based on the...
by Marc Ring | Jun 16, 2025 | Premium, Workers Compensation
As we enter the 2025/26 financial year, businesses across Australia will face a mixed bag of changes to 2025/26 workers compensation premium increases. At ABILITY GROUP, we’re committed to helping employers navigate workers compensation-related matters with clarity...
by ABILITY GROUP | Jun 21, 2021 | Uncategorized, Workers Compensation
icare released updated Work Industry Classification (WIC) rates for the 2021/2022 policy year, impacting premiums across NSW industries. ABILITY GROUP helps employers understand these changes, manage costs, and stay compliant. Understanding WIC Rates The Workers...
by ABILITY GROUP | Feb 25, 2021 | Workers Compensation
Most employers in NSW understand their responsibilities and obligations toward employees, ensuring coverage in the event of a workplace accident or injury. Insurers calculate premiums The industry/industries, Work Industry Classification (also known as WIC) in which...
