Queensland Consolidated Acts

MOTOR ACCIDENT INSURANCE ACT 1994 - SECT 88

88 Information to be provided by licensed insurers

(1) A licensed insurer must provide the commission with—

(a) periodic returns, as required by regulation, containing the information required by regulation; and

(b) other information—

(i) about claims against the insurer (including claims arising before the commencement of this Act); or

(ii) relevant in another way to the administration of this Act;

that is required by regulation, or that the commission may require by written notice to the insurer.

(2) An insurer may, for example, be required to provide—

(a) details of claims against the insurer, and the dates when notice of the claims were received by the insurer; and

(b) information about the claimants; and

(c) information about whether liability was admitted by the insurer, when liability was admitted or denied and, if liability was admitted, the extent to which liability was admitted; and

(d) information about the rehabilitation services made available to the claimant and the extent to which the rehabilitation services were used by the claimant; and

(e) information about the costs of the insurer on claims, and how the costs are made up.

(3) The information—

(a) must be provided by means of systems for the processing and transmission of information that comply with reasonable requirements imposed by the commission; and

(b) must be provided in a form reasonably required by the commission.

(4) An insurer must not fail to comply with a requirement imposed under this section.

Penalty—

Maximum penalty—150 penalty units and a further 50 penalty units for each week until the requirement is complied with.

(5) A court that convicts a licensed insurer of an offence against this section may, by order, withdraw the licence.