The Motor
Accident Injuries Amendment Act (NSW)
(MAIAA 2022) has introduced greatly needed change to the
Motor Accident Injuries Act 2017 (NSW) (MAIA 2017)
following its Statutory Review which was finalised in September
2021. This article looks at those changes that are now in force and
what insurers and practitioners need to be aware of.
The MAIA 2017 was introduced by the NSW state government
overhauling the compulsory third party (CTP) scheme following the
perception of an increasingly high price for insurance premiums and
allegations of high levels of fraudulent claims relating to
personal injury and death as a consequence of being involved in a
motor vehicle accident.
The
Statutory Review of the MAIA resulted in 73 recommendations for
changes and improvements required to the scheme following
widespread concern expressed from the legal profession that those
injured in motor vehicle accidents were not receiving adequate
financial support and medical treatment