Daily
Flood claims pass 150,000 as ICA pays tribute to communities
18 March 2022
Insurers have received 150,774 claims related to NSW/Queensland floods – a 1.9% increase on yesterday’s figures...
Aviso Group creates dedicated AR business
18 March 2022
Aviso Group says it has set up a dedicated authorised representative business that will be led by CEO Andrew Hinz and GM of Distribution Matt Bradley...
Flood victim's claim wiped out by 72-hour exclusion
18 March 2022
An insured homeowner whose property was damaged by floods is unable to claim because he bought the policy just two days previously...
SMEs buying more 'simple' cover direct: Vero index
17 March 2022
Businesses are buying more straightforward insurance directly as they access a mix of channels, while satisfaction levels when using a broker have jumped sharply higher, the latest annual Vero SME Insurance Index released today shows...
Renewal refusal after flood review sparks complaint
17 March 2022
A homeowner has lost a dispute lodged after an insurer declined to renew cover because of a reassessment of the property’s flood risk...
Claims management 'changing fast': Crawford
17 March 2022
Claims management across the industry is transforming at speed, with a “significant shift” in the way brokers and insurers want claims handled, says Crawford & Company...
EQC set for new name as bill reforms scheme
17 March 2022
The New Zealand Government says making claims after natural disasters will become easier after a bill was introduced incorporating recommendations from a recent inquiry...
Suncorp expects 44,000 flood catastrophe claims, raises hazard costs
16 March 2022
Suncorp says total claims from the NSW/Queensland flood catastrophe will be around the 44,000 mark based on its latest projections and the business has raised its estimated natural hazard costs for this financial year to $1.1 billion from $1.075 billion previously...
Gallagher Bassett appoints Australia CEO
16 March 2022
Gallagher Bassett has promoted Pete Nicholson to the role of Australia CEO, effective from the end of this month, under a leadership succession plan...
Mutuals see greater role in disaster resilience
16 March 2022
Mutuals can play a critical role in driving resilience and providing risk protection in catastrophe-prone areas and their benefits should be considered as part of policy discussions, an industry organisation says...
INsight podcast: pressure rises for broader reinsurance pool
16 March 2022
Rising pressure on the Federal Government to broaden the scope of the cyclone reinsurance pool to include flooding more widely was discussed on the latest Insurance News podcast...
'Managed retreat': is it time to think the unthinkable?
15 March 2022
A University of Melbourne academic says it could be time to abandon buildings in some of Australia’s highest-risk regions...
Flood claims pass 140,000 as La Nina clings on
15 March 2022
Insurers have received 140,754 claims related to the NSW/Queensland flood catastrophe, but the rate of increase appears to be slowing down...
AAMI dispute over home repairs set for court
15 March 2022
Suncorp’s AAMI is fighting legal action launched by a Victorian family who say they have not been able to return home for six years due to the handling of repairs and chemical contamination at their property...
Domestic violence victim 'removed from policy without consent'
15 March 2022
A complainant who was not informed by RAA Insurance that it had removed her name in a comprehensive motor policy she held jointly with her ex-partner has won her dispute with the insurer...
Flood claims reach 126,000 as insurers fast-track support
11 March 2022
Insurers have received 126,511 claims related to the NSW and Queensland flood catastrophe, up 7.2% from yesterday...
PSC raises $80 million to fund acquisitions
11 March 2022
PSC Insurance Group has raised $80 million through a share placement to fund merger and acquisition opportunities in the UK and Australia...
Arteva appointed to Steadfast premium funding panel
11 March 2022
Arteva Funding has been appointed to the Steadfast panel as one of the preferred providers of premium funding services to the group network, the companies said today...
Indebted driver's plea he didn't hear disclosure duty falls on deaf ears
11 March 2022
A man who said he did not disclose to his car insurer that he was subject to a debt agreement because he could not properly hear what was being asked regarding his duty of disclosure has lost a claim dispute...
'Get this sorted': insurers welcome PM's flood resilience pledge
10 March 2022
Prime Minister Scott Morrison says the Federal Government will fund urgently needed resilience measures as claims for the east coast flood catastrophe top 118,000...