insuranceNEWS.com.au http://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2017 ICA urges class action reform http://www.insurancenews.com.au/regulatory-government/ica-urges-class-action-reform http://www.insurancenews.com.au/regulatory-government/ica-urges-class-action-reform The Insurance Council of Australia has called for class action regimes to be made more efficient and cost-effective, as an increase in securities-related claims affects the market for directors’ and officers’ cover…

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Mon, 16 Oct 2017 13:12:00 +1100
Terrorism expert urges focus on recovery http://www.insurancenews.com.au/regulatory-government/terrorism-expert-urges-focus-on-recovery http://www.insurancenews.com.au/regulatory-government/terrorism-expert-urges-focus-on-recovery Terrorist attacks can’t always be prevented, so authorities must also focus on resilience and recovery, a strategic analyst says…

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Mon, 16 Oct 2017 13:09:00 +1100
NSW plans CTP refunds http://www.insurancenews.com.au/regulatory-government/nsw-plans-ctp-refunds http://www.insurancenews.com.au/regulatory-government/nsw-plans-ctp-refunds Most NSW motorists can expect a compulsory third party refund next year as part of government reforms aimed at making the scheme fairer and more affordable…

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Mon, 16 Oct 2017 13:09:00 +1100
APRA earns positive scorecard from industry http://www.insurancenews.com.au/regulatory-government/apra-earns-positive-scorecard-from-industry http://www.insurancenews.com.au/regulatory-government/apra-earns-positive-scorecard-from-industry General insurers have marked down the Australian Prudential Regulation Authority for its performance on cost consultations, while giving the regulator a mostly positive scorecard in its biennial Stakeholder Survey Report…

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Mon, 16 Oct 2017 13:08:00 +1100
Premiums may rise under tax benefit changes: ICA http://www.insurancenews.com.au/regulatory-government/premiums-may-rise-under-tax-benefit-changes-ica http://www.insurancenews.com.au/regulatory-government/premiums-may-rise-under-tax-benefit-changes-ica Insurers may be forced to raise premiums to offset costs under Treasury’s proposal to remove a “double tax benefit” arising with certain deductible liabilities held by an entity that joins a consolidated group…

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Mon, 16 Oct 2017 13:06:00 +1100