Uber drivers hit section 54 dead-end 27 February 2020 Two more Uber drivers have had claims knocked back because they failed to disclose to their insurer that they were using their vehicles for commercial ridesharing services... Read More...
Bushfire claim closures at 25%, losses reach $1.99 billion 27 February 2020 The Insurance Council of Australia says a quarter of bushfire home claims have been closed, while total losses have climbed to $1.989 billion... Read More...
ASIC says more Hayne referrals warrant criminal action 27 February 2020 Another of the 13 misconduct cases referred to the corporate regulator by the Hayne royal commission has been earmarked for criminal action, as have two case studies... Read More...
Bushfire royal commission targets mitigation 24 February 2020 Prime Minister Scott Morrison has launched a royal commission into this summer’s bushfire catastrophe, which is estimated to involve insured losses of at least $1.91 billion... Read More...
Strong first-half results buoy expansive PSC 24 February 2020 PSC Insurance Group MD Tony Robinson is "absolutely delighted" with how the business has performed in the December half, fuelled partly by acquisitions made over the past few months... Read More...
Insurers back NSW's engineer registration scheme 24 February 2020 A NSW bill that would require practising engineers to be registered is being supported by the Insurance Council of Australia... Read More...
Accountability rules may hit recruitment: FSC 24 February 2020 The Financial Services Council says civil penalties proposed for individuals under an extension of the Banking Executive Accountability Regime may hit industry recruitment... Read More...
Insurance customers are 'demanding different' 24 February 2020 Customers are demanding different products and services from the evolving insurance industry, US-based insurtech expert and author Rob Galbraith says... Read More...
Swiss Re takes further action on emissions 24 February 2020 Swiss Re has toughened up its response to the climate change threat by announcing a series of measures to cut carbon emissions... Read More...
The bushfire royal commission: what's at stake for the industry 24 February 2020 Okay, so the stage is set for a bushfires royal commission, one that Prime Minister Scott Morrison says he "thought very deeply" about before deciding to make good on his words and go ahead with it... Read More...