Daily

Not again! La Nina likelihood increases

17 September 2021

The chances of a flood-inducing La Nina weather system forming this year have risen, just six months after the last such event came to an end...

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Allianz add-on class actions to be combined

17 September 2021

Two class actions against Allianz Australia over add-on insurance sold through car dealerships are set to be combined following a Victorian Supreme Court decision this week...

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Jarrod Hill starts as IAG intermediated head

17 September 2021

Jarrod Hill has taken up the role of IAG Intermediated Insurance Australia Group Executive, tasked with improving the performance of the division...

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Landlord claiming COVID is 'civil commotion' loses dispute

17 September 2021

RAA Insurance has successfully argued that its policy term "civil commotion" refers only to something similar to a riot, and not to COVID-19 as a landlord customer insisted during a claim dispute hearing...

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Vero wins Gold Mansfield Award

16 September 2021

Vero has won the Gold Mansfield Award for overall excellence in claims handling for a second straight year...

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Insurer falls victim to email scam

16 September 2021

The local branch of a global insurer wired hundreds of thousands of dollars to fraudsters who sent emails impersonating the company’s CFO, a court has heard...

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Criminal charges filed against CBA over CCI mis-selling

16 September 2021

The corporate watchdog filed 30 criminal charges in the Federal Court today against Commonwealth Bank of Australia, alleging the lender made “false or misleading representations” to sell consumer credit insurance products...

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IAG ordered to settle vineyard's smoke tainted crop claim

16 September 2021

IAG has lost a dispute after it denied a NSW vineyard’s claim for the cost of an unsalvageable grape crop after bushfire, saying the loss was caused by smoke not flames and that its policy only covered loss of quantity, not quality of grape berries...

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BI arguments pressed as test case hearings conclude

15 September 2021

Lawyers have put forward final arguments to conclude eight days of hearings in the Insurance Council of Australia second business interruption test case related to COVID-19 cover...

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ICA forum returns in virtual format

15 September 2021

The Insurance Council of Australia Annual Industry Forum will return next month – in a virtual format...

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Driver loses claim stoush over crash minutes before cover onset

15 September 2021

A man who lodged a claim after a collision on the same day he bought a Hollard motor insurance policy online has lost a claim dispute...

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INsight podcast: reinsurance wrap-up, but not from Monte Carlo

15 September 2021

Reinsurance reports are the focus for the latest Insurance News podcast, in a week when industry professionals would normally converge in Monte Carlo...

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Resilium Partners buys Cornerstone Risk Group

14 September 2021

Resilium Partners, which this year became part of Ardonagh, has acquired Brisbane-based Cornerstone Risk Group as it continues to look at growth opportunities...

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Steadfast adds cyber to Mansions offering

14 September 2021

Steadfast-owned Mansions of Australia will add personal cyber protection to its Executive Insurance product from October 5, the business announced today...

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ANZIIF names insurance awards finalists

14 September 2021

The Australian and New Zealand Institute of Insurance and Finance has announced the contenders for the Australian Insurance Industry Awards...

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Storm claim rejected after roof defects found

14 September 2021

Westpac General Insurance has won a dispute over a claim for home water damage after a storm as it was found the roof had pre-existing problems with cracked and dislodged tiles...

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Ensurance outlines Australia expansion, key appointment

10 September 2021

Ensurance has completed the integration of newly-acquired underwriting agency TK Specialty Risks, which will be rebranded as Ensurance Australia and target "aggressive" growth...

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Lloyd's returns to profit after pandemic hit

10 September 2021

Lloyd’s has reported a £1.4 billion first-half profit, turning around its performance after the pandemic drove a year-earlier loss of £400 million...

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VBA funds fire safety system research

10 September 2021

The Victorian Building Authority is supporting Deakin University research aimed at better understanding defects in “passive” fire safety systems in apartment buildings...

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Pregnant traveller who scrapped Brazil trip over Zika loses dispute

10 September 2021

A woman who cancelled a planned trip to attend her brother’s wedding in Rio de Janeiro when she became pregnant and was medically advised not to go due to health risks from the Zika virus has lost a claim dispute with QBE...

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