New South Wales Consolidated Acts

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MOTOR ACCIDENT INJURIES ACT 2017 - SECT 9.15

Publication of information about insurers

9.15 Publication of information about insurers

(1) The Authority may from time to time publish any of the following information about licensed insurers under this Act--
(a) information about the level of compliance by licensed insurers with the requirements of and duties imposed under this Act and the regulations, the Motor Accident Guidelines under this Act, the conditions of licences under this Act or the Insurance Industry Deed,
(b) information about the pricing by licensed insurers of premiums for third-party policies,
(c) information about the profitability of the insurance operations of licensed insurers,
(d) information that compares the performance of licensed insurers in connection with claims under this Act (for example, by reference to timeliness, outcomes, customer service or complaints),
(e) any other information about licensed insurers that the Authority considers should be made public in the public interest.
(2) The form and type of information published under this section is required to be approved by the Board of the Authority.
(3) Information published under this section can identify individual insurers.
(4) Confidential commercial information relating to an identified insurer is not to be published under this section if--
(a) the insurer has advised the Authority that the publication of the information would reveal a trade secret of the insurer that is not known by other insurers, and
(b) the Authority is satisfied that, having regard to its knowledge of the business practices of insurers, that the publication of the information would reveal such a trade secret.
(5) No liability (including liability in defamation) is incurred for publishing in good faith information under this section or a fair report or summary of such a publication.



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