18 July 2023
Too many insurers are relying on maintenance or wear and tear exclusions and poor-quality reports from builders, plumbers and electricians to deny claims, the General Insurance Code Governance Committee says...
18 July 2023
Complainants whose home had been damaged by rainwater will have their claim paid after successfully challenging their insurer’s decision to apply several policy exclusions...
18 July 2023
Gallagher has acquired Thompson Insurance, a broker based in Maroochydore, Sunshine Coast...
18 July 2023
The Bureau of Meteorology has held back from officially declaring El Nino in its most recent Climate Driver Update but says it remains on “alert” with further warming expected in upcoming months...
14 July 2023
Almost two thirds of all Australian home insurance policies are now covered by the cyclone reinsurance pool as the deadline looms for larger insurers to sign up to the scheme by December 31...
14 July 2023
An investigation of insurer websites has found many are not complying with rules for communicating financial hardship options to customers...
14 July 2023
A policyholder, whose claim for fire damage was rejected because her insurer says she didn’t disclose that the house was unoccupied, has won an insurance payout...
14 July 2023
Workplaces have been cautioned on risks of children being injured after video footage captured a forklift driver giving rides to young children...
13 July 2023
Allianz Australia has won a judicial review of a NSW Personal Injury Commission determination which apportioned more blame to its insured driver than the pedestrian who walked into the driver’s path...
13 July 2023
The Australian and New Zealand Institute of Insurance and Finance has announced the contenders for the 2023 Australian Insurance Industry Awards...
13 July 2023
IAG has revealed an alarming increase in ram raids in New Zealand with thieves frequently targeting vapes...
13 July 2023
An apartment owner who was required to pay a $10,000 excess for a water damage claim has lost his challenge against his insurer’s settlement offer, which he says is insufficient to complete repairs...
12 July 2023
Zurich has promoted Alex Morgan to the role of Head of General Insurance, Australia & New Zealand, replacing Sean Walker who will relocate from Sydney to Singapore to take the newly created role of Head of Commercial Insurance & Chief Technical Officer (APAC)...
12 July 2023
The Victorian Managed Insurance Authority has announced a 43% rise in builders’ warranty premiums in anticipation of higher claims costs from builder insolvencies...
12 July 2023
Finsura Senior Account Manager Barry Sonter has won the 2023 National Insurance Brokers Association Broker of the Year award for NSW/ACT, while Network Insurance Group Account Director Joel Morrell has won the region’s Young Broker of the Year award...
12 July 2023
The mid-year reinsurance renewals are the focus of the latest episode of the Insurance News podcast...
11 July 2023
A coal mining equipment specialist whose workers misjudged the height of a bridge, crashing into it while transporting an excavator, has won a court case against its insurer...
11 July 2023
Federal and state governments have commissioned a review into natural disaster governance arrangements as part of ongoing efforts to strengthen the country’s preparedness for future catastrophes...
11 July 2023
QBE has launched insurance for renewable energy initiatives within Australia...
11 July 2023
Property owners in central NSW who say their severely damaged home was covered under their policy’s tsunami benefit have lost their claims dispute...