Daily
'Unseaworthy': claim denied after fatal yacht incident
29 September 2022
A complainant has lost their challenge to overturn a claim denial for a yacht accident that left two dead after the Australian Financial Complaints Authority ruled the insurer was entitled to deny cover for the “unseaworthy” vessel...
ANZIIF reveals New Zealand industry award finalists
29 September 2022
The Australian and New Zealand Institute of Insurance and Finance has announced the finalists for this year’s New Zealand insurance industry awards...
'Covid disruption has not subsided': Allianz warns of workplace fallout
28 September 2022
Allianz Australia has cautioned the worst of the pandemic is not over as long-term disruptions to workplaces around the country are emerging, possibly affecting workers’ compensation claims if left unchecked...
Cyber staff shortage leaving nation exposed
28 September 2022
A huge shortfall of specialist cyber security staff is leaving Australian businesses exposed to cyber attacks, a new report from the Actuaries Institute warns...
ICA offers 'in-principle' support for Quality of Advice changes
28 September 2022
The Insurance Council of Australia has offered in-principle support for Quality of Advice review proposals that it says could lead to “less constrained” interactions with customers...
INsight podcast: Optus and the increasing cyber threat
28 September 2022
The Optus cyber attack and Australia's exposure to cyber criminals is the main topic of conversation on the latest Insurance News podcast...
Consumer groups defend general advice, warn on sales pitches
27 September 2022
Consumer groups have warned a proposal to deregulate general advice would remove protections such as access to independent complaints resolution and sideline the Australian Securities and Investments Commission...
Crawford plans new 'virtual' tech tool for Australian claims business
27 September 2022
Crawford & Company says its Australian operations will soon be using new technology that will speed up claims handling while giving insureds more control during the process until repairs are completed...
'This is who we are': workplaces must resemble modern Australia, Dive In told
27 September 2022
Australian businesses are being shortchanged and stuck at a “very baseline expectation” by limiting cultural diversity in the workplace, attendees at this year’s Dive In have heard...
Insurer liable for swimming pool damaged by roof repairs
27 September 2022
A homeowner will be compensated after a dispute ruling determined that an insurer-appointed repairer damaged her swimming pool while conducting separate repairs on her roof...
Heavy NSW, Queensland rains cause flooding amid wet outlook
23 September 2022
Heavy rainfall has hit NSW and southeast Queensland, causing flooding in areas including the hard-hit Northern Rivers region, as the Bureau of Meteorology says wetter than usual weather is likely to persist through to the end of the year...
Suncorp confident on targets despite La Nina, inflation
23 September 2022
Suncorp says it remains confident about achieving its targets despite challenges posed by inflation and possible impacts from a third consecutive La Nina weather pattern...
Aviso announces merger of Victorian brokers
23 September 2022
Aviso Group’s Western Insurance Brokers in Colac, Victoria, will merge with Geelong-based Integral Insurance Services to form Aviso Integral at the end of this month...
Claimant compensated after 'avoidable' altercation with repairer
23 September 2022
A complainant who alleged that he was assaulted by a staff member of an insurer-appointed repairer will be compensated after an Australian Financial Complaints Authority ruling found the insurer’s mishandling of the motor claim caused an “avoidable and unnecessary inconvenience”...
Australasia Underwriting acquires Precision property book
21 September 2022
Australasia Underwriting has acquired the Precision Underwriting property book as part of a growth strategy targeting hard-to-place risks in the manufacturing, trades, commercial strata and recycling sectors...
Intermediaries premium rises to $16.5 billion in June half
21 September 2022
General insurance intermediaries invoiced about $16.58 billion in premium in the half-year to June 30, up from $14.12 billion a year earlier, Australian Prudential Regulation Authority figures released today show...
'Agreed value' catching out car owners as inflation spirals
21 September 2022
A consumer group has warned that car insurance customers are being caught short at claims time by rapidly rising vehicle prices...
INsight podcast: home insurance problems on the Radar
21 September 2022
Taylor Fry's annual Radar report is one of the key talking points on the latest episode of the Insurance News podcast...
QBE appoints Tracey Harris to new governance role
20 September 2022
QBE says Tracey Harris has joined the company to take up the newly created role of Chief Governance and Executive Operations Officer, Australia Pacific...
ICA backs emergency management leader appointment
20 September 2022
The Insurance Council of Australia has welcomed the appointment of Brendan Moon as the first Coordinator-General for the Federal Government’s new National Emergency Management Agency...