BOM issues warning on fading La Nina
01 February 2022
The Bureau of Meteorology warned today that the La Nina weather system could go out with a bang...
Daily
360 unveils key appointment
01 February 2022
360 Underwriting Solutions has announced the appointment of Jonathan Moss as Executive Director for Mid Market Property...
Driver who crashed Mercedes after drinking wins repair costs
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...
Falling profit, BI, affordability: APRA recounts 'difficult' year
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...
Victoria earthquake disputes heading to AFCA
28 January 2022
The Australian Financial Complaints Authority says it has received 62 complaints to date related to the Victorian earthquake last September...
Tasmania set to reintroduce home warranty insurance
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.
Injured professional footballer wins payment dispute
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...
Zurich sale process 'over within a month': report
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...
Genworth set for top LMI contract renewal, share price soars
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...
Dad loses claim dispute after daughter crashes car
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...
Honey adds McGrath to growing list of investors
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...
Supreme Court finds against directors over brokerage deal
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...
Tributes paid to 'courageous champion' Jen Mitchell
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...
Insurers urged to 'obsess' over innovation
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...
Not covered: driver's claim denied after high-speed smash
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...
'Undone by greed': beef stockist caught trying to cheat WorkSafe
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...
Berkley adds PI offering to Steadfast's online trading platform
24 January 2022
Berkley Insurance Australia now offers its Professional Indemnity product on the Steadfast Client Trading Platform (SCTP), in addition to General Liability which has been available since it joined the online marketplace three years ago...
Claimant loses $25,000 battle after overseas cancer diagnosis
24 January 2022
Zurich Australia has denied a claim from a travel insurance customer who was diagnosed with prostate cancer while overseas...
Hostile cyber activity ups ante for cover gaps
24 January 2022
Government backstops may be needed to absorb some cyber risk given market challenges in insuring potentially large losses from hostile activity and with premiums rising as cover costs are recalibrated, the Geneva Association says in a report...
Small business ombudsman launches natural disaster inquiry
21 January 2022
An inquiry into small business natural disaster preparedness and resilience has launched, with the aim of helping the sector cope better with future catastrophes such as fires, floods and droughts...