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ARTICLE · 19 JULY 2016

Vehicle accident victims lose out in CTP changes

These CTP reforms go too far against the interests of victims, and give too much power to the giant insurance companies.

AustraliaInsurance

Ninety per cent of people injured in vehicle accidents will have to battle giant insurance companies alone and without legal assistance under controversial changes to the NSW CTP Green Slip scheme put forward by the government.

This is just one of the detrimental effects of the proposed reforms for the Compulsory Third Party (CTP) scheme announced by the NSW government, said Justin Stack, Managing Director of Stacks Law Firm.

"While the current CTP scheme has problems, these reforms go too far against the interests of the victims of vehicle accidents, and give too much power to the giant insurance companies," Mr Stack said.

"Insurers have a vested interest in not paying out for injuries, so the entire focus for justice for victims has shifted."

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