The new panel combines the provision of legal services across both schemes. The NSW Auditor-General says it will be applying increased scrutiny of “assumptions, estimates and judgments” made by icare in its June, 30, 2020 financial audit. State insurer icare has been slammed for spending $500,000 on a study that’s discovered the … NSW’s embattled workers’ compensation scheme icare awarded a $140 million contract after a “rushed” one-week tender process, new emails reveal. icare NSW Insurance Sydney, NSW 17,173 followers At Insurance and Care NSW (icare), we protect, insure and care for the people, businesses and assets of NSW. NSW Treasurer Dominic Perrottet. "The icare board is committed to getting the organisation focused back on what it was set up to do — caring for injured workers and road users and supporting NSW … $500k icare study finds COVID job losses led to poor mental health. NSW Treasurer Dominic Perrottet oversees the agency but does not have any role in operational matters such as hiring. As icare CEO, John Nagle ran the NSW workers' compensation scheme. icare, which manages the state government's nominal insurer, published 77 contracts worth almost $157 million on the NSW contract database on … Staff engaged at scandal-ridden state insurer icare allegedly stole property including tables, televisions, toasters, crockery and iPads, according to a … Credit: Kate Geraghty The icare-funded report, by global consulting giant PWC, included interviews with 27 icare management and … He said the changes would ensure icare … The most important news, analysis and insights delivered to your inbox at the start and end of each day. Until now, icare has had separate legal services panels for the two workers compensation schemes under the Nominal Insurer (since May 2016) and Insurance for New South Wales (since 2013, before icare). The NSW State Insurance Regulatory Authority (SIRA) has not rejected icare’s premium rate filing for policy year 2021/22 and in the first increase to average premiums since 2014, the average premium rate has been increased from 1.4 per cent to 1.44 per cent of wages, reflecting a 2.9 per cent scheme increase. The NSW insurance regulator says icare’s poor underwriting position is “a real risk” to the sustainability of the state insurance scheme.

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