Daily
Taxi driver struck in the eye by a rock wins insurance payout
20 November 2020
A man who suffered 89% blindness in his right eye in an accident during a taxi driving shift has won a claim dispute and a $250,000 payout...
Premium funders release draft of first code of practice
20 November 2020
Insurance premium funders have developed an inaugural industry code of practice that will strengthen disclosure obligations and make it easier for customers to compare products...
ICA in talks on second BI case, class actions flagged
19 November 2020
The Insurance Council of Australia says it is in discussions over a second business interruption test case, while lawyers warn a class action could be pursued after a NSW Court of Appeal decision yesterday widened the door for potential payments...
Insurer wrong to deny claim payment to single mum-of-three
19 November 2020
A single mother with three children and limited income has won a $7550 payout after a claim dispute over the theft of her Ford Territory...
'Remote doesn't equal flexible': poll reveals changing employee expectations
19 November 2020
Around half of employees expect to spend more time working from home than they did before the COVID-19 pandemic, yet 56% struggle to maintain a healthy work-life balance while working from home, new MetLife research has found...
Court rules NZ quake class action can proceed on 'opt out' basis
19 November 2020
The Supreme Court of New Zealand has upheld a lower court’s ruling to allow a Canterbury quake claim class action against Southern Response to proceed on an “opt out” basis...
S&P predicts 'good, solid return' from industry
18 November 2020
Australia’s property and casualty insurers are still expected to produce “a good, solid return” despite the economic fallout from COVID-19 and a raft of other pressing challenges facing the industry, according to S&P Global Ratings...
icare invites workers suspecting underpayment to come forward
18 November 2020
NSW insurer icare is inviting injured workers in the state to come forward and seek assessment if they believe they were underpaid entitlements...
Blue Zebra accelerates with commercial motor product
18 November 2020
Underwriting agency Blue Zebra has expanded its offering again with the full launch of its commercial motor product...
No premium payment, no cover: uninsured dog owner loses dispute
18 November 2020
A man who was surprised to find his insurer had cancelled his pet insurance policy when he tried to claim for a veterinary visit has lost a dispute...
Casino BI lawsuit: insurers hold ground, reject basis for claim
17 November 2020
Chubb and other insurers have again maintained The Star Entertainment Group has no grounds to claim for business interruption losses it has allegedly suffered because of COVID-19 trading curbs imposed by governments...
NSW Budget: action on cladding, but ESL remains
17 November 2020
The Insurance Council of Australia has today welcomed a NSW Government package to rectify combustible cladding, but the state Budget also warns of further rises in the controversial Emergency Services Levy on insurance...
CommInsure wins burglary fraud case
17 November 2020
A NSW court has ruled in favour of Commonwealth Insurance in a jewellery theft dispute that centred on whether a hole was cut into a bedroom ceiling from below to make it appear as if burglars had entered from the roof...
Suncorp, EQC agree to settle Canterbury claims cost
17 November 2020
Suncorp announced today it has reached an agreement with New Zealand’s Earthquake Commission to settle cost allocations for claims arising from the 2010 and 2011 Canterbury earthquakes...
Travel insurers must be agile: new Cover-More CEO
13 November 2020
Travel insurer Cover-More CEO Cara Morton, formally announced in the role today, says agility and innovation will be critical in responding to COVID-19 impacts and demands for cover as borders reopen...
Another add-on class action launched against Allianz
13 November 2020
A second class action has been launched against Allianz in relation to allegedly “worthless” add-on insurance, while notices are going out from the Federal Court to hundreds of thousands of Australians today in relation to a separate case against Westpac...
Crash claim denied after theft victim collides with own stolen car
13 November 2020
A man who followed his stolen car after spotting it travelling on the road has had a crash claim denied after insurer Auto & General Services said the accident was the “direct result” of efforts to stop the theft...
ICA leads way with property resilience talks
13 November 2020
Insurers are inviting industry and government leaders and experts in science and finance to a series of roundtable discussions in an effort to kickstart development of national property resilience policies...
Industry set for rebound on hardening commercial rates: Swiss Re
12 November 2020
Property and casualty premiums in Australia and globally are set for a strong rebound in the next two years, underpinned by a continued hardening of commercial rates, Swiss Re says in its latest Sigma report...
Hayne reform package enters Parliament
12 November 2020
Legislation covering Hayne royal commission recommendations for add-on sales, hawking and claims handling has been introduced into Federal Parliament today as part of a broader package which provides more detail around the reforms...