28 April 2022
Professional Risk Underwriting (ProRisk) has launched a covid insurance product that offers a one-off cash benefit if a fully vaccinated policyholder is hospitalised due to contracting the virus...
28 April 2022
A motorist who missed two policy premium payment instalments when he changed his job, email address and phone number has lost a claim dispute...
28 April 2022
The east coast flood catastrophe continues to dominate discussion on the Insurance News podcast, as one estimate puts insured losses at close to $4 billion...
27 April 2022
A Risk Frontiers paper says the cluster of storms causing extreme rainfall and flooding in Queensland and NSW arose from a rare combination of influences, while warning of severe risks if changing climate patterns lead to greater overlap between tropical cyclones and east coast lows...
27 April 2022
Suncorp has transformed a Rockhampton street by paying for upgrades to homes that will help protect residents from natural catastrophes...
27 April 2022
A community coalition led by First Nations groups has released an open letter to the major political parties calling for action to prevent Aboriginal and Torres Strait Islander families being denied the dignity of a culturally appropriate funeral and grieving period due to the collapse of Youpla funeral funds...
27 April 2022
The owner of a rusty shed has won a payout in a claim dispute after it was blown over by strong winds and partially demolished during a severe storm last winter...
22 April 2022
Consumer advocate Financial Rights Legal Centre has released a report expressing concern over the data practices of insurers, such as relying on erroneous historical information to assess new claims...
22 April 2022
More than half of executives in Australia list cyber attack as their top worry as extortion and ransomware incidents grow, according to the latest Directors’ Liability Survey from Willis Towers Watson and law firm Clyde & Co...
22 April 2022
Forestry Australia says it is working on a solution to increase access to insurance for growers after a decline in the number of providers offering cover and a surge in premiums...
22 April 2022
A disability service operator has partially won a claim dispute over mould and moisture damage reported after a hydrotherapy pool cover was accidentally left off by a staff member before a school holiday shutdown...
21 April 2022
Jason Hawksworth has been appointed GM Distribution at Allianz Commercial, marking his return to the insurer after he departed for Chubb in 2014...
21 April 2022
The Motor Trades Association of Australia says an announced Treasury examination of motor vehicle insurance and the smash repair sector is welcome as it pushes for a mandatory code of conduct backed by penalties for breaches...
21 April 2022
The owner of a diamond ring and two valuable watches who says a bank employee skipped a zero when entering sums insured, resulting in a theft payout of $29,000 rather than $290,000, has lost a claim dispute...
21 April 2022
The Australian Financial Complaints Authority says insurance tops the list of 25 disputes it has received so far from Cyclone Seroja and more than $500,000 have been awarded to date, a year after the storm struck the WA mid-west region...
20 April 2022
Insured losses from recent flooding in Queensland and NSW stand at $3.99 billion, Perils says, the largest flood loss on record for the Australian insurance industry, exceeding the Brisbane floods of 2011...
20 April 2022
The National Insurance Brokers Association has made some changes to the new code of practice following feedback as members prepare for the November start date...
20 April 2022
Requiring residential property owners to engage a certified quantity surveyor to prepare a building replacement report will help ensure they are adequately insured, the Australian Institute of Quantity Surveyors says...
20 April 2022
An insurer has lost a dispute over a claim for a damaged coal conveyor belt gearbox, despite evidence the equipment fell from a truck as it was driven through a roundabout because the load was not properly secured...
19 April 2022
A newly established Northern Rivers Reconstruction Corporation will lead the long-term rebuilding of NSW areas affected by recent flooding, while liaising with sectors including insurance, the State Government said today...