Daily

Ombudsman to review amusement parks mutual plan

04 June 2021

The Australian Small Business and Family Enterprise Ombudsman has launched a review into a discretionary mutual fund proposal that’s aimed at solving insurance problems faced by amusement parks and the leisure and recreation industry...

BI impacts possible from latest Victoria lockdown

04 June 2021

Business interruption claim disputes could still arise from the latest Victorian lockdown in cases where insurers have been slow to revise wordings to exclude pandemics, a lawyer says...

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the Insurance Council of Australia appeal application relating to business interruption exclusion wordings citing the repealed Quarantine Act...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...

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...

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...

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...