Road to resilience: Suncorp strengthens street against extreme weather
27 April 2022
Suncorp has transformed a Rockhampton street by paying for upgrades to homes that will help protect residents from natural catastrophes...
Daily
Next government urged to take action on Youpla collapse
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...
Insurer must cover storm-struck shed, despite corrosion
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...
Consumer report criticises industry for poor data practices
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...
Cyber, data loss remain top worries for Australian executives
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...
Forestry Australia working on insurance availability solution
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...
Water ‘drips like rain’ after hydrotherapy pool cover error
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...
Allianz appoints GM Distribution in Sydney
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...
MTAA seeks review backing for smash repair code revamp
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...
Jewellery owner loses dispute over ‘missing zero’ on sum insured
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...
Insurance disputes dominate Seroja complaints: AFCA
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...
Insured losses from floods hit record $4 billion: Perils
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...
NIBA amends new code as members prepare
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...
Mandated use of quantity surveyors urged to address under-insurance
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...
Complainant wins dispute after gearbox falls from truck
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...
NSW establishes flood rebuilding body to lead recovery
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...
Suncorp backs drive for financial literacy course in schools
19 April 2022
Suncorp is calling on governments to introduce financial literacy as a standalone course across all secondary schools...
More homeowners taking mitigation action: Sure
19 April 2022
Sure Insurance, which focuses on north Queensland, has reported a “significant increase” in policyholders taking action to protect homes in response to premium discounts, and says such incentives should be one part of broad action to drive mitigation...
Driver who left sunroof open in wet weather loses claim dispute
19 April 2022
The owner of a car damaged by rain when she left the sunroof open has lost a claim dispute over a warped seat, electrical damage and a smell in the vehicle...
Tradie incentives offered for Queensland flood rebuilding
14 April 2022
The Insurance Council of Australia has welcomed incentives offered to tradies from states not impacted by recent flooding to assist in Queensland rebuilding work, as shortages of labour and supplies continue to hamper repairs...