07 July 2023
The National Insurance Brokers Association has restricted new rules on remuneration disclosure to retail clients, after consulting with members and taking into account the Quality of Advice Review final report...
07 July 2023
360 Underwriting Solutions has announced an 18th agency as its group of companies continues to grow...
07 July 2023
IAG has renewed its 2.5% whole-of-account quota share arrangement with Hannover Re after the previous deal was due to expire on June 30...
07 July 2023
A man claiming his unroadworthy car could not start after it was driven through heavy water has had his claim rejected with the insurer proving there was no sign of water damage...
06 July 2023
The Insurance Council of Australia has called for “strong leadership” from Canberra to help the industry tackle climate change impacts...
06 July 2023
A man who made up workplace injuries and forged payslips from his sister-in-law must do 300 hours of unpaid community work and repay nearly $135,000...
06 July 2023
The growth potential for cyber insurance is “unparalleled” and could see global premiums exceed $US50 billion ($75 billion) by 2030, Howden says in a Coming of Age report...
06 July 2023
A farm owner has lost their challenge to have their insurer pay for the reconstruction of several degraded buildings after a dispute decision found the repairs constituted upgrades not covered by the relevant policy...
05 July 2023
Early findings from an expansive cyber resilience “stocktake” in the financial services sector reveal a “need to raise the bar”, the Australian Prudential Regulation Authority said today...
05 July 2023
A Qantas employee who moonlighted as a supermarket warehouse storeman, while pocketing more than $120,000 in workers' compensation, must do 220 hours unpaid community work and repay the money...
05 July 2023
A boat owner who sought compensation for his stolen vehicle and trailer has lost his claims dispute after he was found to have contributed to the loss by storing the items on a nature strip without appropriate security measures...
05 July 2023
Regulatory action on pet insurance and a hefty Federal Court penalty imposed due to pricing promise failings were among topics discussed on the latest episode of the Insurance News podcast...
04 July 2023
Suncorp has made key changes to its reinsurance program and increased its natural hazard allowance for this financial year in response to hardening reinsurance premiums and claims inflation pressure...
04 July 2023
The Federal Court has handed down combined penalties of $13.5 million to Select AFSL and its sales partners, and a five-year disqualification from managing corporations to Director Russell Howden...
04 July 2023
RACQ Insurance has warned that home premiums will remain high as it becomes the latest underwriter to join the Federal Government’s cyclone reinsurance pool...
04 July 2023
A tourist booked on a Broome cruise, cancelled the day before he was due to leave, has won a payout from his travel insurance company...
30 June 2023
Property catastrophe rate pressures weakened at the mid-year reinsurance renewals, eased partly by new capacity from the cyclone reinsurance pool, Aon says...
30 June 2023
Suncorp says it has today joined the Federal Government’s cyclone reinsurance pool, which was introduced last year in response to soaring premiums in northern Australia...
30 June 2023
The Australian Securities and Investments Commission has released an estimate of levies it expects to collect from the insurance sector for regulatory work carried out during the financial year...
30 June 2023
An Audi A3 driver has failed in a bid to have her written off car replaced “new for old” because the accident was two months outside a three-year cut off from the day the car was first registered...