Daily
NSW study rules out government-backed farm income insurance
04 June 2021
A NSW government-funded study into farm risk management tools has concluded it is not financially viable to rely on public coffers to establish a farm income protection insurance market...
Woman unaware her overdue renewal was refunded loses dispute
04 June 2021
A car owner who failed to notice her insurer refunded a $1400 renewal premium as she paid it nine days too late and with an incorrect reference number and no name attached has lost a claim dispute...
High Court date set for ICA test case submission
03 June 2021
The High Court will later this month hear the Insurance Council of Australia appeal application relating to business interruption exclusion wordings citing the repealed Quarantine Act...
Insurers gather for crunch reinsurance pool meeting
03 June 2021
Representatives from major insurers and the Insurance Council of Australia have been called to a meeting with a Treasury taskforce to discuss “technical” design aspects of the Federal Government’s cyclone reinsurance pool...
icare to cut almost 100 jobs in overhaul
03 June 2021
NSW state-owned insurer icare will cut almost 100 positions in changes to reduce layers of management and improve accountability as it seeks to improve performance...
Sedgwick makes Australia leadership appointments
03 June 2021
Global loss adjuster Sedgwick announced today four new appointments to its Australia leadership team, as the business works on expanding its services and professional expertise in the local market...
NIBA backs fair go for food delivery riders
02 June 2021
NSW workers’ compensation arrangements should be extended to ensure food delivery riders in the gig economy are covered for personal injury, the National Insurance Brokers Association says in a submission to an inquiry...
Lockton hires team of nine from Willis to launch NZ expansion
02 June 2021
Brokerage Lockton Companies Australia will open an Auckland office in September and is on a recruitment drive as it plans further expansion in other major cities across New Zealand's north and south islands...
Carpenter wins 102 days of accident cover in claim dispute
02 June 2021
A sole trader who was unable to work for more than three months after injuring his back while carrying a door frame has won a claim dispute with Suncorp for around $7000 in accident cover and been awarded $1000 compensation...
INsight podcast: paying for loyalty
02 June 2021
The decision to ban so-called insurance “loyalty taxes” in the UK is the main discussion point on the latest edition of the Insurance News podcast...
Ethos Broking Australia to drive Ardonagh expansion
01 June 2021
Ardonagh Global Partners has launched Ethos Broking Australia to drive further growth in the local market through merger and acquisition activity...
Industry faces 'salary pressure' as skills shortage persists
01 June 2021
The insurance industry will face mounting salary pressure in the coming months as the persistent shortage of commercial claims consultants and other skilled professionals shows no sign of easing, according to recruitment group Hays...
Interaction not transaction: feature podcast discusses Vero report findings
01 June 2021
The importance of brokers interacting with clients is the focus of a special podcast put together by Insurance News and Vero...
Ava makes her debut: Suncorp unveils digital employee
01 June 2021
Suncorp has launched what it says is an industry-first virtual employee, making good on the insurer’s promise to step up its use of advanced technologies to improve customer experience...
Federal Government consults on class action reforms
28 May 2021
The Federal Government will look at returns class action members receive and greater oversight of the sector as part of a consultation on reforms recommended by a Parliamentary Committee inquiry...
VBA targets building practitioners over flammable cladding
28 May 2021
The Victorian Building Authority has taken enforcement action against 39 building practitioners linked to 790 properties found with non-compliant combustible cladding...
Insurer wins claim dispute after spare car key found in ignition
28 May 2021
A man whose car was stolen from outside his home overnight has lost a claim dispute after a spare key to the vehicle was found still inserted into the ignition when it was recovered...
Crawford enters NZ via partnership with Godfrey
28 May 2021
Claims management group Crawford & Company has expanded into the New Zealand market via a network partnership arrangement with Godfrey and Company, one of the largest commercial loss adjusters in the country...
Expert argues cyclone reinsurance pool 'can work'
27 May 2021
The Federal Government’s cyclone reinsurance pool for northern Australia could deliver significant premium reductions without leaving taxpayers with a hefty bill, a climate expert says...
BI provisions, floods and hailstorms dent industry earnings
27 May 2021
The general insurance industry suffered a 28.3% fall in net profit after tax to $1.1 billion for the year to March 31, as provisions for business interruption claims and natural catastrophe losses combined to blunt earnings, according to figures released today by the prudential regulator...