Daily
13 April 2022
Insurers have urged Australians planning to rent out their properties during this Easter holiday break to review their insurance policies, warning they may not be covered for damage or other financial loss caused by short-term tenants..
13 April 2022
An 84-year-old with severe arthritis and a heart condition who said she was forced to sleep on the floor during a claim for storm damage has won additional compensation in a second dispute hearing...
13 April 2022
Zurich says Daniel Longden will take up an expanded CFO role for the group’s Life and Investments and General Insurance businesses across Australia and New Zealand, effective from the start of next month...
12 April 2022
NSW state-owned insurer icare has appointed Zurich’s Stuart Farquharson as CFO following executive moves at the end of last year...
12 April 2022
GCube Insurance, a specialist underwriter for renewable energy projects, has expanded with a new operation in the Sydney office of its parent Tokio Marine...
12 April 2022
A home and contents policyholder, who initially stated she forgot to read her policy booklet and later claimed she read it but didn’t understand what the documents meant, has lost a dispute over some sentimental jewellery pieces that went missing during a hotel stay...
12 April 2022
Sydney-based Deborah Allan has been appointed market manager at HDI Global in Sydney, where she will focus on brokers and clients in NSW, Queensland and the ACT...
08 April 2022
Axa XL has appointed Stephen Nguyen as Head of Distribution for Australia, while Shaun Higgerson has taken up the role of Client and Distribution Leader...
08 April 2022
Law firm Clyde & Co has launched an APAC Cyber Risk Advisory practice in response to growing demand from clients seeking support to improve their digital security...
08 April 2022
The Federal Court has ordered Westpac Banking Corporation to pay a $1.5 million penalty for mis-selling consumer credit insurance to customers who had not agreed to buy the policies...
08 April 2022
A motorist who blamed a burst tyre on difficulty servicing his vehicle during covid lockdowns after ignoring low pressure warnings and “bad noises” as he drove home on a freeway has lost a claim dispute...
07 April 2022
Insurers in Australia look set to raise rates in the coming months to cushion the financial blow of weather-related events and other natural disasters that have hit the country in the last few years, KPMG says in a report released today...
07 April 2022
Prime Minister Scott Morrison says the Federal Government will pay for half the Queensland $741 million flood recovery package, after coming under fire yesterday for not providing funding...
07 April 2022
QBE has entered into a long-term agreement with online retailer Kogan Australia to provide home, motor and compulsory third party insurance products...
07 April 2022
Rising self-reported breaches of the General Insurance Code of Practice are the main topic of discussion on the latest episode of the Insurance News podcast...
06 April 2022
The Insurance Council of Australia has criticised the Federal Government for refusing to support a $741 million resilience funding package proposed by the Queensland Government...
06 April 2022
Insurers responsible for significant breaches of the General Insurance Code of Practice can face a financial sanction of up to $100,000 – but the way in which these payments operate is still being finalised...
06 April 2022
The owner of a 1968 Jaguar E-Type two-door Roadster has won a claim dispute over a shortfall of $60,471 in his insurance payout for repairs to the vintage car...
06 April 2022
Company directors in Australia and key Western economies such as the UK face potential liabilities in relation to climate change risk disclosure obligations, according to global brokerage WTW...
05 April 2022
Brokers went to extra lengths to help affected clients manage the financial impact arising from the pandemic, Black Summer bushfires and other natural disasters, according to an Insurance Brokers Code Compliance Committee report released today...