10 May 2023
Insurers have welcomed funding for disaster resilience in the latest federal budget but say much more needs to be done soon to cut risk and protect communities as claims costs from last year reach almost $7 billion...
10 May 2023
An independent review of the voluntary smash repair code has recommended that sanctions for non-compliance be introduced and a “thorough” rewrite be undertaken to address “vague” wordings as part of a 15-point plan to improve governance and consumer outcomes...
10 May 2023
A driver who damaged her vehicle in a late-night crash will be reimbursed for her losses after a dispute ruling determination...
10 May 2023
Some key executive departures from IAG are the main talking point on the latest Insurance News podcast...
09 May 2023
NSW police have alleged jeweller Michel Germani helped plan and coordinate a staged armed robbery at his Hilton Hotel store in Sydney’s CBD in January in an attempt to defraud an insurer...
09 May 2023
A NSW man who submitted fake certificates of capacity to continue receiving workers’ compensation benefits has been convicted and ordered to pay restitution of $7795.20 and prosecutor’s fees of $6185.78...
09 May 2023
The board of NSW state insurer icare has approved a plan to remediate injured workers who were underpaid benefits due to calculation errors, with up to $40 million to be paid from July...
09 May 2023
An insured who sought indemnity for legal liability after a fatal incident while he had been driving his boat will be covered after winning a claims dispute...
05 May 2023
The Australian Financial Complaints Authority has found against dental practices in two business interruption disputes decided following legal clarifications provided by covid-related test cases...
05 May 2023
Envest Group, the Ardonagh Group-owned insurance investment and distribution business, has acquired CPS General for an undisclosed amount...
05 May 2023
RACQ has urged the Queensland Government to consider introducing “premium equalisation” to the state’s compulsory third party motor insurance scheme...
05 May 2023
A homeowner whose property was severely damaged following a “supercell thunderstorm” will be covered for her losses after winning a claims dispute against her insurer...
04 May 2023
IAG has announced Michelle Klein will lead its newly formed Customer Experience and Marketing Division from later this month...
04 May 2023
Mustard Underwriting has partnered with EnsurTek, a leading provider of configurable insurance platform solutions, as it aims to transform the industry...
04 May 2023
Swiss catastrophe data firm Perils has lifted its loss estimate for the New Zealand flood catastrophe that struck Auckland and neighbouring regions in late January to $NZ1.754 billion...
04 May 2023
A complainant who lodged a claim for death benefits after his wife contracted covid while on a cruise ship will receive limited cover following a dispute ruling panel’s decision...
03 May 2023
Marsh has acquired WA brokerage Austral Risk Services as part of plans to strengthen its position in the state...
03 May 2023
Flood policyholders should all receive industry-standard, consistent advice from insurers explicitly detailing what to do in relation to making a claim, providing evidence and not invalidating their cover, a new Natural Hazards Research Australia report says...
03 May 2023
A car theft victim will be reimbursed for their losses after winning a claims dispute against their insurer, which failed to prove the insured had been provided with the latest product disclosure statement...
03 May 2023
The latest edition of the Insurance News podcast revisits Marsh's commercial pricing index, which shows premiums have risen for the last 22 quarters...