The NSW insurance regulator is recouping $178.7 million in excess profit from Compulsory Third Party (CTP) insurers into a fund to keep green slips affordable. The State Insurance Regulatory Authority’s head Adam Dent said the record clawback from insurers earned on the sale of compulsory green slips dates back to 2018 and 2019. “This amount […]

This post was originally published on Michael West.