Industry Welcomes Strata Transparency; Calls for Further Probing | Owners Corporation Network

Industry Welcomes Strata Transparency; Calls for Further Probing

Insurers and industry associations have welcomed the NSW Government’s proposals reforms to strata but some have called for them to go further. Yesterday, Insurance Business reported on brokers' fears that the Government’s plans to reform strata so commissions are no longer a source of conflict of interest do not sufficiently tackle the problem. While insurers and associations have welcomed plans for greater disclosure, a number of insurers have called for further analysis.
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