Insurance for WHS fines – will they soon be prohibited?
Are fines appropriate penalties to deter companies and directors from breaching WHS laws when they can be indemnified by their insurers? Should insurance policies that cover these monetary penalties be made illegal and void?
At the moment, companies and directors are able to insure against the risk of fines for breaches of WHS laws, however SafeWork Australia is reviewing whether the Model WHS laws should be changed.
Click below to read our full summary of the review.
This publication is intended to provide commentary and general information. It should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this publication. Persons listed may not be admitted in all states and territories.