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Insurance and Risk

  1. 8 Sep 16 Amendments to the WCRA to introduce the National Injury Insurance Scheme pass WITHOUT changing the definition of damages, leaving uncertainty about principals’ entitlements to claim indemnity under contracts with employers Recently, the LNP and Katter’s Australian Party combined forces to defeat the amendments in Workers' Compensation and Rehabilitation (National Injury Insurance Scheme) Amendment Bill 2016 designed to reverse the decision in Byrne v People Resourcing (Qld)
  2. 30 Aug 16 Update on the attempted legislative overturn of Byrne On 14 June 2016, the Workers’ Compensation & Rehabilitation (National Injury Insurance Scheme) Amendment Bill 2016 was introduced into Parliament. The Bill is intended to amend the Workers’ Compensation & Rehabilitation Act 2003 (Qld) and concerns the introduction of the National Injury Insurance Scheme.
  3. 21 Jun 16 Workers' Compensation Indemnity Claims - Bill before parliament to reverse decision in Byrne v People Resourcing (Qld) Pty Ltd On 14 June 2016, the Queensland Government introduced the Workers’ Compensation and Rehabilitation (National Injury Insurance Scheme) Amendment Bill 2016 (Bill) to parliament.
  4. 16 Oct 15 Happy days for injured workers The Workers’ Compensation and Rehabilitation and Other Legislation Amendment Bill 2015 (Qld) has now been passed and become Workers’ Compensation and Rehabilitation and Other Legislation Amendment Act No. 13 of 2015 (Qld).
  5. 17 Jul 15 Workers' compensation threshold removal On 15 July 2015 the Workers’ Compensation and Rehabilitation and Other Legislation Amendment Bill 2015 (Qld) (2015 Bill) was introduced into the Queensland Parliament.
  6. 8 Sep 14 Businesses to review general insurance coverage with changes to Workers’ Compensation and Rehabilitation Act 2003 (Qld) On appearances, amendments introduced to the WCRA 2003 (Qld) in 2013 looked to benefit employers, with limitations on claims brought by injured persons. However, with these claims consequently brought against other entities, employers and contractors should be alerted to the new risks this creates in relation to their public liability policies.
  7. 9 Jul 14 Bill prompts companies to review workers’ compensation arrangements On 19 March 2014, the Federal Parliament introduced the Safety, Rehabilitation and Compensation Legislation Amendment Bill 2014 (Cth). If passed, the legislation will significantly alter the landscape of workers’ compensation insurance in Australia.
  8. 25 Mar 14 Privacy legislative changes and insurance Changes to the Privacy Act which came into effect on 12 March 2014 may not have received the appropriate degree of attention in the broader corporate sphere, particularly in the area of insurance.
  9. 21 Oct 13 Major reforms in workers’ compensation Last week the Workers’ Compensation and Rehabilitation and Other Legislation Amendment Bill 2013 (Qld) was introduced into Queensland’s parliament. The Bill follows speculation that the Queensland government would make further changes beyond those recommended by the Finance and Administration Committee in May 2013.
  10. 25 Sep 13 Will further changes be made to Queensland's workers' compensation scheme? The question of whether the Queensland government will make further changes to its workers’ compensation scheme remains unanswered. The Chamber of Commerce and Industry Queensland and the Australian Industry Group continue to petition the State Government to reform the current scheme.
  11. 17 Jul 12 Statutory 'flood' definition clears up 2011's murky policy waters In June this year, the Insurance Council of Australia introduced Regulations that provide for a statutory definition of ‘flood’ for insurance contracts. This legislated definition should reduce confusion when making a claim and will help to avoid the recurrence of the situation after the January 2011 floods where many insureds were surprised to find that their policy did not indemnify them for the loss incurred.
  12. 20 Jul 11 The Centro decision - impact on directors’ and officers’ liability insurance There would be few directors of publicly listed companies who are not already familiar with the Centro decision, however, the implications of the case on their insurance cover should also be considered.