Insurance Council Supports NSW CTP Reform Bill
ICA CEO
"The Bill entering
"The insurers, legal and medical representatives and other stakeholders have been extensively consulted by the Government and the regulator SIRA during the design of these reforms.
"I commend
"The insurance industry supports the move to a defined benefits scheme with access to common law for the most seriously injured. These reforms will promote early intervention, recovery and rehabilitation.
"NSW motorists and road users will benefit most. Insurers believe a defined benefits scheme that provides payment for medical treatment and care, while retaining some common-law entitlements and directing the majority of funds to the more seriously injured people who need them most, will reduce the need for legal intervention and will lower premiums.
"The ICA looks forward to reviewing the final legislation and assisting to develop the regulations and guidelines that accompany them. The industry urges MPs in the
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