Queensland Consolidated Acts Queensland Consolidated Acts(1) A licensed insurer must provide the commission with--
(a) periodic returns, as required by regulation, containing the information required by regulation; and
(b) other information--
(i) about claims against the insurer (including claims arising before the commencement of this Act); or
(ii) relevant in another way to the administration of this Act;
that is required by regulation, or that the commission may require by written notice to the insurer.
(2) An insurer may, for example, be required to provide--
(a) details of motor vehicle accident claims against the insurer, and the dates when notice of the claims were received by the insurer; and
(b) information about the claimants; and
(c) information about whether liability was admitted by the insurer, when liability was admitted or denied and, if liability was admitted, the extent to which liability was admitted; and
(d) information about the rehabilitation services made available to the claimant and the extent to which the rehabilitation services were used by the claimant; and
(e) information about the costs of the insurer on claims, and how the costs are made up.
(3) The information--
(a) must be provided by means of systems for the processing and transmission of information that comply with reasonable requirements imposed by the commission; and
(b) must be provided in a form reasonably required by the commission.
(4) An insurer must not fail to comply with a requirement imposed under this section.
Maximum penalty--150 penalty units and a further 50 penalty units for each week until the requirement is complied with.
(5) A court that convicts a licensed insurer of an offence against this section may, by order, withdraw the licence.