14 February 2023
The NSW State Insurance Regulatory Authority has censured IAG compulsory third party provider NRMA Insurance following an investigation into the incorrect calculation of weekly benefits to more than 2000 customers...
14 February 2023
New Zealand has declared a national emergency after Cyclone Gabrielle made landfall overnight, bringing flooding and landslides, destroying homes and roads, and leaving almost a quarter of a million residents without power...
14 February 2023
The NSW state government has launched a new Hazards Near Me app, allowing residents to receive the most up to date warnings on their smart devices for both flood and fire...
14 February 2023
A landlord won't have a mould damage claim paid after a dispute ruling agreed with her insurer’s assessment that the building’s deterioration was caused by excess leaf debris in gutters...
10 February 2023
Property and cyber markets remained challenging in the Asia Pacific region in the fourth quarter, while moderate conditions were seen in motor, casualty and liability, and trade credit, a report from Aon says...
10 February 2023
New Zealanders - just recovering from record flooding in Auckland and surrounds - are being warned that tropical cyclone Gabrielle could strike on Sunday and be a widespread and significant event...
10 February 2023
Last month’s devastating flooding in Auckland should focus government attention on resilience measures to protect lives and property, not “fancy” schemes to lower the cost of insurance, the Insurance Council of New Zealand says...
10 February 2023
A traveller who lodged claims relating to a lost suitcase in Switzerland and dental treatment in Morocco will not be covered after the Australian Financial Complaints Authority ruled that his insurer acted fairly...
09 February 2023
Marsh McLennan has appointed David Bryant to a newly created Pacific leadership role as the company looks to draw on expertise from across its four businesses to assist clients facing interconnected challenges...
09 February 2023
Steadfast-owned strata specialist CHU has unveiled a new building inspection serviced aimed at the strata industry, where it is one of the major insurance providers...
09 February 2023
New Zealand’s Tower has received 4810 claims after unprecedented flooding hit upper parts of the North Island, including Auckland, last month...
09 February 2023
A complainant who failed to disclose his claims history will have his claim assessed after a dispute ruling found that his insurer inconsistently followed its underwriting guidelines...
08 February 2023
The Quality of Advice Review final report calls for an expanded definition of personal advice and recommends other changes relating to the way advice is provided, saying the changes are aimed at “serious defects” in the current regulatory setup...
08 February 2023
Suncorp first-half net profit has risen 44.3% to $560 million supported by rising premiums, the release of the majority of a provision set aside for business interruption claims and improved investment returns...
08 February 2023
Rating agency AM Best says the devastating series of earthquakes that hit Turkey on Monday is “another blow” to the country’s strained reinsurance system...
08 February 2023
IAG's struggles with inflation and catastrophe claims, and the impact on its margins, are the hot topic for discussion on the latest edition of the Insurance News podcast...
07 February 2023
TravelCard says its broker-focused Australian operations will resume travel insurance sales in the second quarter after the business entered exclusive negotiations for an underwriting arrangement with Guild Insurance...
07 February 2023
Melbourne‐based brokerage Professional Insurance Solutions has been acquired by Gallagher, further expanding its footprint in Victoria and 1100‐strong Australian broking workforce...
07 February 2023
A 7.8 magnitude earthquake that struck in the early hours of Monday has killed more than 4300 people in southern Turkey and northern Syria, and could result in economic losses of more than $US10 billion...
07 February 2023
The Bureau of Meteorology says there’s a high chance that a cyclone will travel towards the central Queensland coast this week amid an increase in tropical storm activity across northern Australia...