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 Asbestos imports continue, Senate inquiry told http://www.insurancenews.com.au/regulatory-government/asbestos-imports-continue-senate-inquiry-told http://www.insurancenews.com.au/regulatory-government/asbestos-imports-continue-senate-inquiry-told Potentially deadly building products laced with asbestos are still being imported into Australia from China, despite growing awareness of the issue, a Senate inquiry has been told…

]]>
Mon, 14 Aug 2017 14:11:00 +1000
CBA refunds $10 million over credit insurance http://www.insurancenews.com.au/regulatory-government/cba-refunds-10-million-over-credit-insurance http://www.insurancenews.com.au/regulatory-government/cba-refunds-10-million-over-credit-insurance Commonwealth Bank will refund $10 million to 65,000 customers sold unsuitable consumer credit insurance…

]]>
Mon, 14 Aug 2017 14:10:00 +1000
Insurance doesn’t aid corporate misbehaviour: ICA http://www.insurancenews.com.au/regulatory-government/insurance-doesnt-aid-corporate-misbehaviour-ica http://www.insurancenews.com.au/regulatory-government/insurance-doesnt-aid-corporate-misbehaviour-ica The Insurance Council of Australia has rejected any suggestion that liability policies covering financial company officials could undermine a crackdown on corporate misbehaviour…

]]>
Mon, 14 Aug 2017 14:10:00 +1000
NSW flood defence projects receive $6 million http://www.insurancenews.com.au/regulatory-government/nsw-flood-defence-projects-receive-6-million http://www.insurancenews.com.au/regulatory-government/nsw-flood-defence-projects-receive-6-million The NSW Floodplain Grants Scheme plans to provide $5.94 million to fund 28 flood mitigation projects across the state…

]]>
Mon, 14 Aug 2017 14:09:00 +1000
Terror pools urged to unite on strategy http://www.insurancenews.com.au/regulatory-government/terror-pools-urged-to-unite-on-strategy http://www.insurancenews.com.au/regulatory-government/terror-pools-urged-to-unite-on-strategy International co-operation is critical if terrorism pools are to develop effective coverage and mitigation strategies, according to Australian Reinsurance Pool Corporation CEO Chris Wallace…

]]>
Mon, 14 Aug 2017 14:09:00 +1000
WA Insurance Commission posts underwriting loss http://www.insurancenews.com.au/regulatory-government/wa-insurance-commission-posts-underwriting-loss http://www.insurancenews.com.au/regulatory-government/wa-insurance-commission-posts-underwriting-loss The Insurance Commission of WA recorded an underwriting loss of $81.3 million last financial year, compared with a loss of $14.9 million the previous year. It follows the introduction of a scheme covering lifelong catastrophic injuries…

]]>
Mon, 14 Aug 2017 14:09:00 +1000