jisaksen

Compensation Update by John Isaksen – Mandatory Reporting of Legal Costs in Motor Vehicle Accidents

As of 1 October 2015 it is a mandatory requirement for all solicitors in NSW to disclose to the State Insurance Regulatory Authority (SIRA) a costs breakdown upon the finalising of a motor accidents claim. The CTP insurer informs the SIRA of the settlement or completion of the claim and then the SIRA makes a …

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Compensation Update with John Isaksen – Lump Sum payment for permanent impairment

In our previous article we referred to a recent decision of the NSW Court of Appeal which bars an injured worker who received a lump sum payment for permanent impairment prior to June 2012 from making a further claim for a lump sum payment if the worker’s condition has deteriorated, such as by way of …

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