insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auMarsh fills key education market roleshttps://www.insurancenews.com.au/corporate/marsh-fills-key-education-market-roleshttps://www.insurancenews.com.au/corporate/marsh-fills-key-education-market-roles<p>Marsh Risk has expanded its education practice with the appointment of two executives who were previously with Aon...</p>Mon, 09 Feb 2026 04:15:54 GMTCommercial pricing tipped to stay softhttps://www.insurancenews.com.au/local/commercial-pricing-tipped-to-stay-softhttps://www.insurancenews.com.au/local/commercial-pricing-tipped-to-stay-soft<p>Australian commercial insurance prices are expected to decline further this year after sharp falls in the December quarter, according to global brokers Marsh Risk and Aon...</p>Mon, 09 Feb 2026 03:41:05 GMTWA cyclone tracks towards Carnarvonhttps://www.insurancenews.com.au/local/wa-cyclone-tracks-towards-carnarvonhttps://www.insurancenews.com.au/local/wa-cyclone-tracks-towards-carnarvon<p>Cyclone Mitchell was moving alongside the WA coastline this morning ahead of an expected land crossing north of Carnarvon...</p>Mon, 09 Feb 2026 03:40:55 GMTFast and furious: claimant loses dispute after drag race crashhttps://www.insurancenews.com.au/local/fast-and-furious-claimant-loses-dispute-after-drag-race-crashhttps://www.insurancenews.com.au/local/fast-and-furious-claimant-loses-dispute-after-drag-race-crash<p>A motor policyholder whose car was damaged in a drag race will not be covered for his loss after he was found to have fraudulently misled his insurer...</p>Mon, 09 Feb 2026 03:40:47 GMTICA returns to hail-hit townhttps://www.insurancenews.com.au/local/ica-returns-to-hail-hit-townhttps://www.insurancenews.com.au/local/ica-returns-to-hail-hit-town<p>The Insurance Council of Australia will revisit the NSW town of Harden near the first anniversary of a severe hailstorm...</p>Mon, 09 Feb 2026 03:40:36 GMTBig breaches: the top cyber incidents of 2025https://www.insurancenews.com.au/analysis/big-breaches-the-top-cyber-incidents-of-2025https://www.insurancenews.com.au/analysis/big-breaches-the-top-cyber-incidents-of-2025<p>Last year, Australian companies and residents fell victim to a number of headline-grabbing cyberattacks &ndash; with Qantas and major superannuation funds among those affected...</p>Mon, 09 Feb 2026 03:40:22 GMTWorkers’ comp reforms ‘first step in repairing scheme’https://www.insurancenews.com.au/regulatory-government/workers-comp-reforms-first-step-in-repairing-schemehttps://www.insurancenews.com.au/regulatory-government/workers-comp-reforms-first-step-in-repairing-scheme<p>Businesses have welcomed the passage of workplace injury laws that include an 18-month freeze on average premium increases in the NSW workers&rsquo; compensation scheme...</p>Mon, 09 Feb 2026 03:40:08 GMTFMG refunds customers after misrepresentationshttps://www.insurancenews.com.au/regulatory-government/fmg-refunds-customers-after-misrepresentationshttps://www.insurancenews.com.au/regulatory-government/fmg-refunds-customers-after-misrepresentations<p>New Zealand insurer FMG has agreed to pay $NZ2.1 million ($1.8 million) and to remediate thousands of customers after making misleading representations in relation to some policies...</p>Mon, 09 Feb 2026 03:39:59 GMTSIRA consults on worker return guidelineshttps://www.insurancenews.com.au/regulatory-government/sira-consults-on-worker-return-guidelineshttps://www.insurancenews.com.au/regulatory-government/sira-consults-on-worker-return-guidelines<p>NSW&rsquo;s State Insurance Regulatory Authority is seeking feedback on its revised guidelines for return to work programs...</p>Mon, 09 Feb 2026 03:39:42 GMTGovernments boost Victorian fire recovery fundinghttps://www.insurancenews.com.au/regulatory-government/governments-boost-victorian-fire-recovery-fundinghttps://www.insurancenews.com.au/regulatory-government/governments-boost-victorian-fire-recovery-funding<p>The federal and Victorian governments have committed an additional $160 million to help communities recover from recent bushfires...</p>Mon, 09 Feb 2026 03:39:25 GMTNew heavy vehicle code takes wider approachhttps://www.insurancenews.com.au/regulatory-government/new-heavy-vehicle-code-takes-wider-approachhttps://www.insurancenews.com.au/regulatory-government/new-heavy-vehicle-code-takes-wider-approach<p>An updated code of practice for the trucking industry extends beyond road transport businesses to other industries that rely on heavy vehicles...</p>Mon, 09 Feb 2026 03:39:09 GMTCourt wipes out AFCA ruling in TPD tusslehttps://www.insurancenews.com.au/life-insurance/court-wipes-out-afca-ruling-in-tpd-tusslehttps://www.insurancenews.com.au/life-insurance/court-wipes-out-afca-ruling-in-tpd-tussle<p>The Federal Court has overturned an ombudsman&rsquo;s decision on the date of disablement for calculating a woman&rsquo;s TPD payment, finding in favour of the insurer...</p>Mon, 09 Feb 2026 03:38:09 GMTRights advocates, researcher flag flaws in genetic test banhttps://www.insurancenews.com.au/life-insurance/rights-advocates-researcher-flag-flaws-in-genetic-test-banhttps://www.insurancenews.com.au/life-insurance/rights-advocates-researcher-flag-flaws-in-genetic-test-ban<p>The Australian Human Rights Commission remains concerned about several aspects of the proposed ban on using genetic test results in life underwriting...</p>Mon, 09 Feb 2026 03:37:55 GMTAdvisers call for recovery ‘friend’ to aid compensation schemehttps://www.insurancenews.com.au/life-insurance/advisers-call-for-recovery-friend-to-aid-compensation-schemehttps://www.insurancenews.com.au/life-insurance/advisers-call-for-recovery-friend-to-aid-compensation-scheme<p>A federally funded recovery program should be created to make the Compensation Scheme of Last Resort more sustainable, financial advisers say...</p>Mon, 09 Feb 2026 03:37:45 GMTInsurer told to restore cover after cancellation mix-uphttps://www.insurancenews.com.au/life-insurance/insurer-told-to-restore-cover-after-cancellation-mix-uphttps://www.insurancenews.com.au/life-insurance/insurer-told-to-restore-cover-after-cancellation-mix-up<p>A man who cancelled his income protection insurance without realising he would also end his critical illness cover has won a battle to have the policy reinstated...</p>Mon, 09 Feb 2026 03:36:58 GMTPremium funding crackdown pays off, British watchdog sayshttps://www.insurancenews.com.au/international/premium-funding-crackdown-pays-off-british-watchdog-sayshttps://www.insurancenews.com.au/international/premium-funding-crackdown-pays-off-british-watchdog-says<p>The UK financial services regulator says its focus on premium funding has helped drive lower prices and fees for consumers, and it will continue with engagement and intervention...</p>Mon, 09 Feb 2026 03:36:20 GMTDisaster coverage schemes ‘can’t be passive shock absorbers’https://www.insurancenews.com.au/international/disaster-coverage-schemes-can-t-be-passive-shock-absorbershttps://www.insurancenews.com.au/international/disaster-coverage-schemes-can-t-be-passive-shock-absorbers<p>Public-private programs to address insurance protection gaps must incentivise risk reduction rather than subsidising exposure, a Geneva Association report says...</p>Mon, 09 Feb 2026 03:36:13 GMTChubb salutes record performancehttps://www.insurancenews.com.au/international/chubb-salutes-record-performancehttps://www.insurancenews.com.au/international/chubb-salutes-record-performance<p>Chubb has reported a record after-tax profit of $US9.95 billion ($14 billion) for last year, with double-digit growth in both property and life...</p>Mon, 09 Feb 2026 03:35:53 GMTWTW upbeat after returning to profithttps://www.insurancenews.com.au/international/wtw-upbeat-after-returning-to-profithttps://www.insurancenews.com.au/international/wtw-upbeat-after-returning-to-profit<p>WTW has reported a profit of $US1.61 billion ($2.3 billion) for last year, turning around a loss in 2024...</p>Mon, 09 Feb 2026 03:35:45 GMTZurich brings Cowbell cyber offer to Australiahttps://www.insurancenews.com.au/insurtech/zurich-brings-cowbell-cyber-offer-to-australiahttps://www.insurancenews.com.au/insurtech/zurich-brings-cowbell-cyber-offer-to-australia<p>Zurich has launched a cyber insurance product for Australian businesses in collaboration with US specialist Cowbell...</p>Mon, 09 Feb 2026 03:35:28 GMT