📜 Insurance Legislation Amendment (Motor Vehicle Claims Harvesting) Bill 2023
This bill amends the Motor Vehicle (Third Party Insurance) Act 1943 and the Insurance Commission of Western Australia Act 1986 to introduce safeguards against 'claims harvesting' in motor vehicle accident claims. It aims to prevent practices like paying for referrals and unsolicited contact to induce claims.
Impact
The bill affects potential claimants, law practices, and the Insurance Commission of Western Australia. It aims to protect vulnerable individuals from exploitation and reduce fraudulent or inflated claims, potentially impacting insurance premiums and legal costs.
Key Changes
Parliamentary Progress
- LA IntroducedLA30 Nov 2023
- LA Second Reading MovedLA30 Nov 2023
Penalty Provisions8 found
Giving consideration for a claim referral
“Penalty for this subsection: a fine of $10 000.”
Receiving consideration for a claim referral
“Penalty for this subsection: a fine of $10 000.”
Personally approaching or contacting a potential claimant to solicit, induce, or refer claims
“Penalty for this subsection: a fine of $10 000.”
False or misleading compliance certificate
“Penalty for this subsection: a fine of $10 000.”
Failure of person to comply with lawful requirement of investigator
“Penalty for this subsection: a fine of $10 000.”
Failure of person to comply with lawful requirement of investigator
“Penalty for this subsection: a fine of $10 000 or imprisonment for 2 years.”
Other offences about investigations
“Penalty for this subsection: a fine of $10 000 or imprisonment for 2 years.”
False or misleading information provided to Commission
“Penalty for this subsection: a fine of $10 000 or imprisonment for 2 years.”
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