29 June 2023
The Australian Securities and Investments Commission has issued 38 interim stop orders on sales of 67 pet insurance products issued by Hollard and its underwriting management agency PetSure.
29 June 2023
The Australian and New Zealand Institute of Insurance and Finance has today announced 2023 award winners...
29 June 2023
Australian Prudential Regulation Authority Deputy Chair Helen Rowell, who has had responsibility for general insurance for the past two years, will retire from the regulator tomorrow...
29 June 2023
A homeowner who had to stay in her mould-infested home after a storm-damage claim had been denied has won her dispute against the insurer...
28 June 2023
Marsh Head of Risk Management for Asia and Pacific Scott Leney will leave later in the year after 37 years with the business, the broker said today...
28 June 2023
RACQ Insurance has announced that it is withdrawing from Queensland’s compulsory third party scheme as it’s no longer viable to continue participating...
28 June 2023
The NSW Government will appoint an employer and employee nominee to the icare board as part of ongoing efforts to “repair” the state insurer...
28 June 2023
The Australian Securities and Investments Commission report on insurer pricing promise failures is discussed on the latest episode of the Insurance News podcast.
27 June 2023
The NSW workers’ compensation regulator says it has imposed additional licensing conditions on Catholic Church Insurance and will continue to monitor its assets and staffing levels following its decision to cease offering cover...
27 June 2023
The prudential regulator has warned about the importance of cyber security, lifting Medibank Private’s capital adequacy requirement by $250 million after reviewing a major breach in October.
27 June 2023
Arch Insurance Australia has appointed Katrina Palmer as Senior Underwriter, Executive Assurance, for its Southern Region operations...
27 June 2023
A driver who did not divulge the extent of his bad driving record has won a claim dispute because the insurer should have asked more questions...
23 June 2023
The Australian Securities and Investments Commission says a systemic failure by insurers to deliver on pricing promises has seen more than 5.6 million consumers overcharged $815 million for their policies...
23 June 2023
Legislation for the Compensation Scheme of Last Resort has secured passage in the Senate, clearing the way for the establishment of the Hayne royal commission-backed reform to provide financial redress for consumers...
23 June 2023
Insurer IAG has told a Victorian inquiry into the state’s devastating floods last year that high risk communities should consider planned relocation...
23 June 2023
An Australian Financial Complaints Authority decision requires an underwriting agency to pay maximum non-financial compensation and provide a detailed scope of works for a house fire claim after finding that it did not “adequately communicate” with homeowners...
22 June 2023
Beauticians in the Victorian regional city of Bendigo and Melbourne’s Altona Meadows have lost disputes over cover for shut-downs during the pandemic because the State Government orders were not “as a result of” virus outbreaks within 20km of their businesses...
22 June 2023
Johns Lyng Group will press on with expanding its disaster recovery works capability to keep up with demand from insurance clients and governments...
22 June 2023
A third of the claims for two record-breaking New Zealand weather events have so far been paid out from the estimated $NZ3.18 billion bill...
22 June 2023
A new era in mitigation funding is discussed by the panel on the latest episode of the Insurance News podcast...