02 February 2022
Tower says claims triggered by the Tonga volcanic eruption and tsunami are set to remain below the firm’s reinsurance excess, as it today reaffirmed its full-year guidance and took aim at an Earthquake Commission cap increase that it says will penalise homeowners in lower seismic-risk areas...
02 February 2022
The owner of a 2019 Mazda CX-3 seeking that his insurer replace his car with a new model after five faulty windscreen replacements in a year has been awarded $2000 in compensation for stress and inconvenience but told he must allow Suncorp to tow his car to its repairer for assessment...
02 February 2022
The reported pending sale of Zurich's general insurance operations in Australia provides a key talking point on the first Insurance News podcast for 2022...
01 February 2022
The NSW Court of Appeal has found in favour of Allianz in a claim dispute over whether a deductible should apply once or multiple times after more than 100 houses were damaged in a Sydney hailstorm...
01 February 2022
The Bureau of Meteorology warned today that the La Nina weather system could go out with a bang...
01 February 2022
360 Underwriting Solutions has announced the appointment of Jonathan Moss as Executive Director for Mid Market Property...
01 February 2022
A 35-year-old man has won a claim dispute after colliding with a median strip while driving his $42,000 Mercedes A45 AMG home after drinking free-poured scotch whisky on ice with friends...
28 January 2022
The general insurance industry faced a “difficult 2021” and mitigation measures will be essential to keep insurance accessible and affordable for all, says the Australian Prudential Regulation Authority annual review...
28 January 2022
The Australian Financial Complaints Authority says it has received 62 complaints to date related to the Victorian earthquake last September...
28 January 2022
Tasmania is moving to reintroduce home warranty insurance in response to concerns about consumer protections amid strong building demand, after a previous scheme in the state was abolished in 2008.
28 January 2022
A professional Polish soccer player who was badly injured while training for an Australian club he was under contract to has won a claim dispute with his insurer...
27 January 2022
Zurich’s bid to sell its general insurance operations in Australia, excluding travel, will “wrap up within four weeks”, according to a media report today...
27 January 2022
Shares in Genworth Mortgage Insurance rocketed 14% today after the Commonwealth Bank agreed to renew an exclusive agreement for the provision of Lenders Mortgage Insurance to its home loan customers...
27 January 2022
A father is unable to claim on his motor policy with IAG because his daughter was driving at the time of an at-fault collision and the policy excludes under 25s...
27 January 2022
ASX-listed real estate group McGrath Limited has invested $6.5 million in Honey Insurance and says the insurtech will provide its clients with innovative home and contents cover...
25 January 2022
The Supreme Court of WA has found two Reliance Online directors breached their duties in purchasing Phil Doring Insurance Brokers in Queensland amid financial troubles and opposition from other directors...
25 January 2022
The insurance industry has come together to pay tribute to former IAG manager and workers’ compensation doyen Jen Mitchell, who died recently following a battle with cancer...
25 January 2022
Consultancy Accenture has listed five key trends it believes will shape the insurance industry this year as the pressure on insurers to innovate intensifies because of increased competition from insurtechs and other new entrants...
25 January 2022
A man who wrote off his car after approaching a roundabout at speeds of up to 180kmh has lost his bid to secure an insurance payout...
24 January 2022
A Victorian worker who lodged a fraudulent claim with WorkSafe Victoria while still receiving weekly benefit payments for a wrist injury sustained in 2018 at his previous job has been ordered to return more than $35,000 to the scheme...