22 June 2022
The Supreme Court of Western Australia has dismissed an appeal by QBE after a ruling it must indemnify a school council for “significant damages” to a former primary school student who was sexually abused by a teacher...
22 June 2022
Australian life insurers announced today they have commenced work to form a peak body to serve as the “collective voice” of the industry, which until now has been represented by the Financial Services Council...
22 June 2022
The Swiss Re Sonar report on emerging risks is the focus of the latest Insurance News podcast, as the panel discusses everything from non-fungible tokens to permafrost pathogens...
21 June 2022
Insurance taxes and levies must be included in NSW’s reform agenda, the Insurance Council of Australia says...
21 June 2022
NRMA Insurance says autumn was its third worst season for wild weather home damage since 2015 as it received 25,000 home claims for weather damage – mostly in NSW – to make up 80% of all its home claims...
21 June 2022
New Zealand SMEs may not be appropriately insured, as most that have made changes to their business because of covid have not talked it through with their broker, according to an annual Vero SME Insurance Index survey...
21 June 2022
A homeowner has won a claim dispute against Youi after an Australian Financial Complaints Authority ruling determined that last year's Victorian earthquake caused his garage ceiling to collapse...
17 June 2022
Specialist insurance and reinsurance broker BMS has acquired Perth-based SRG Group, strengthening its presence in WA as part of wider regional growth plans...
17 June 2022
The corporate regulator has exempted authorised representatives involved in general insurance claims handling services from having to provide notification of “large numbers of employees” who have been appointed to carry out the work...
17 June 2022
A homeowner who failed to disclose that his property was being used as a boarding house will not have fire damage covered by his insurer after losing a claims dispute...
17 June 2022
The ACT Government is reviewing its home warranty cover arrangements to ensure they are providing the right level of protection for people building and renovating homes...
16 June 2022
Australia’s leading provider of lenders mortgage insurance expects net claims to rise this year as higher borrowing costs deflate property values...
16 June 2022
A driver who wanted his insurer to repair his car and restore it to its pre-accident condition after a collision has lost a claim dispute because he failed to disclose pre-existing damage when purchasing a comprehensive motor policy six months earlier...
16 June 2022
French agency Descartes Underwriting has launched parametric frost cover in Australia to help protect broadacre and horticultural crops, orchards, nut farms and wineries...
16 June 2022
The third episode of a special podcast series focused on this year’s Vero SME Index report has been released - delving into the crucial issue of claims...
15 June 2022
Former Dual Australia claims manager Josie Gonzalez has failed in a bid to appeal her sentence and conviction after being found guilty, along with her husband Alvaro, of defrauding the underwriting agency of $17.4 million...
15 June 2022
Allianz Australia and its subsidiary AWP have pleaded guilty to criminal charges of making false or misleading statements in relation to travel insurance, the Australian Securities and Investments Commission said today...
15 June 2022
Workers’ compensation claims are probably going to rise amid growing evidence that a fraction of the community that caught covid are displaying long-term health complications, the Actuaries Institute says in a new research paper released today...
15 June 2022
IAG New Zealand has announced three new executive team roles, finalising organisational changes as it focuses on expanding customer outreach...
14 June 2022
The Northern Australia Insurance Lobby says the Federal Government cyclone reinsurance pool is unlikely to deliver savings benefits to consumers starting from the previously announced July commencement date as work continues to finalise the details...