Daily
Drug-taking fraudster’s $2.6 million life claim dismissed
04 September 2020
A life insurance claim brought by the wife of a drug addict who jumped to his death four years ago after becoming embroiled in fraud allegations has been dismissed in the Supreme Court of NSW...
Former CBA advice firm hit with class action
04 September 2020
A class action has been filed in the Federal Court against Count Financial, a financial advice firm that was previously owned by Commonwealth Bank of Australia...
Casino sues Chubb to recover BI losses
03 September 2020
Casino operator The Star Entertainment Group has commenced legal action against Chubb Insurance Australia and other insurers, seeking compensation for business interruption losses suffered as a result of COVID-19 trading curbs imposed by governments...
Hollard Commercial Insurance appoints new CEO
03 September 2020
Hollard has promoted Jack Joubert to the role of CEO of the commercial arm of its insurance business...
Gallagher adds east-coast broking trio to corporate team
03 September 2020
Gallagher has appointed three principal brokers in Australia as it helps local businesses manage increased risks to balance sheets and workplaces brought on by the COVID-19 pandemic...
NIBA implores SME inquiry to consider insurance tax reform
03 September 2020
The National Insurance Brokers Association has urged Australian Small Business and Family Enterprise Ombudsman Kate Carnell to take into account the impact tax reform could have on premium affordability for SMEs...
Zurich unveils digital unit, new regional CEO
02 September 2020
Zurich has announced a new global unit to expand digital services and capitalise on changing customer behaviour, to be run by current Asia Pacific CEO Jack Howell...
AIG announces trio of appointments
02 September 2020
AIG Australia has announced three key appointments including the promotion of company stalwart Dan Collinson to Head of Commercial Insurance...
Post-policy cancer diagnosis still covered, AFCA rules
02 September 2020
A woman who was diagnosed with a rare malignant brain tumour six months after she cancelled her insurance has been awarded a $500,000 payout in a claim dispute ruling...
Rehab firm warns on mental health claims
02 September 2020
Workplace rehabilitation firm Rehab Management says an increase in mental health-related insurance claims driven by the coronavirus pandemic is likely to continue due to on-going impacts from the outbreak...
Regan exit 'could harm QBE': S&P
01 September 2020
The sudden departure of QBE Group CEO Pat Regan “could harm strategic continuity” and introduce doubts about the global insurer’s culture, S&P Global Ratings said today...
EML in talks with icare for contract extension
01 September 2020
Personal injury claims management firm EML is in discussions with NSW state insurer icare over an extension of the workers’ compensation contract that was controversially awarded three years ago...
Smoking costs claimant in $145,855 fire dispute
01 September 2020
IAG has won a dispute lodged by a commercial client whose claim for fire damage was denied on the basis the business failed to meet a number of conditions for cover, including ensuring there was no smoking on the premises...
COVID response leader named Actuary of the Year
01 September 2020
Jennifer Lang has been named Actuary of the Year after taking a lead role in the profession’s response in assisting understanding of COVID-19 pandemic impacts...
Costs, cover denials highlighted in SME inquiry responses
28 August 2020
The Australian Small Business and Family Enterprise Ombudsman says responses to its insurance inquiry have highlighted concern over rising costs, cover denials and substantial changes to policies...
BI test case directions hearing delayed
28 August 2020
The COVID-19 business interruption test case has been delayed after a directions hearing listed at the NSW Supreme Court today did not go ahead...
Tributes paid to popular insurance professional who died while surfing
28 August 2020
Claims management company Gallagher Bassett has paid tribute to GM Consulting and Claims Excellence Simon Wilson, who died suddenly earlier this month while surfing alone at a Gold Coast beach...
Insurer wins dispute after denying cleaner thefts claim
28 August 2020
A man whose cleaner confessed to stealing cash, jewellery and other items worth as much as $20,000 over many months has lost a claim dispute with Suncorp...
Coronavirus throws motor into reverse
27 August 2020
Australia’s motor insurance market is forecast to contract 4.4% this year due to the coronavirus outbreak, reversing 3.6% growth in the previous 12 months, UK-based analytics group GlobalData says...
Shrinking premium pool among key post-COVID industry risks
27 August 2020
Insurers need to have a post-COVID game plan as they look to rebuild their businesses after months of disruption from the pandemic, according to insurance managed services provider Xceedance...