Lamborghini owner convicted of $182k fraud attempt

Home / Daily News

Daily

Insurer hit with 'formal directions' over non-compliance

03 December 2020

The Reserve Bank of New Zealand announced today it has issued “formal directions” to Pacific International Insurance after the insurer repeatedly failed to comply with its reporting and disclosure obligations...

Qantas flies into home insurance market

03 December 2020

Qantas Home Insurance, underwritten by Auto & General, was today added to the airline’s stable of cover options, which spans health, travel, life and car insurance...

Pro-active approach critical in hard market: FM Global

02 December 2020

Risk managers will need to ensure their businesses step up mitigation action to ease the impact of a hard insurance market, which still has some way to run due to a number of drivers, FM Global says...

Another BI case: Federal Court considers Vero dispute

01 December 2020

The Federal Court is considering a business interruption exclusion in a Vero policy that a Melbourne cafe and restaurant argues does not prevent cover for losses triggered by COVID-19 restrictions...

Jet skier who breached alcohol limit wins claim dispute

01 December 2020

A jet skier who was involved in a collision and had his insurance claim for watercraft damage denied because his blood alcohol content reading exceeded the legal limit has won his complaint against the insurer...

Confidence key to renewable energy cover: BHSI

01 December 2020

Renewable energy projects need to provide as much information as possible to give underwriters confidence given the pace of expansion and innovation in the sector, Berkshire Hathaway Specialty Insurance says...

Federal Court declares Youi breached insurance law

27 November 2020

The Federal Court has ruled Youi breached Insurance Contracts Act requirements on five occasions in its handling of a Broken Hill hailstorm claim that was the subject of a Hayne royal commission case study...

ASIC sets out new claims handling regime as reforms gather pace

27 November 2020

The Australian Securities and Investments Commission has today provided draft details of how insurance claims handling will be regulated as a financial service when legislation for the Hayne royal commission proposal is passed in Parliament...

Web of deceit: claimant blamed spider for crash

27 November 2020

A complainant who spun a tale about how a spider caused him to lose control of his car, sending the vehicle crashing into a guard rail, has failed in his bid to have his motor insurance claim accepted...

Test case result leaves many questions: AM Best

26 November 2020

The NSW Court of Appeal test case decision on business interruption policy wordings represents “one piece of a much larger puzzle” and has left insurers facing continued uncertainty and possible reputational impacts, AM Best says...

icare extends EML contract, plans tender

26 November 2020

NSW state insurer icare has extended EML’s workers’ compensation claims services provider contract for 12 months ahead of a tender planned for the middle of next year that could increase the number of agents...

Insurers urge better building code enforcement

26 November 2020

Insurers are calling on the government to make its building code compliance and enforcement system “fit for purpose”, including the establishment of a central body...

It's good to talk: Insurance News launches podcast

25 November 2020

Face-to-face contact has been limited during this year’s coronavirus-inspired lockdowns and restrictions, inspiring insurance industry professionals to seek out other ways to interact...

Previous
1...175176177178179...244
Next