30 September 2021
The Federal Government has released draft legislation that would limit the proceeds class action litigation funders receive as it pushes ahead with increased regulation of an industry that has expanded rapidly in Australia...
30 September 2021
Climate change and cybersecurity have ranked as the top future risks in an annual Axa global survey, with pandemics slipping back to third place...
30 September 2021
A motorist whose Nissan X-Trail was written off in a collision with a kangaroo has argued her insured amount is insufficient, saying her insurer should up the offer so she can purchase an equivalent vehicle...
29 September 2021
A Victorian builder has been disqualified for 18 months and penalised $40,000 for failing to have a permit, not having insurance, undertaking plumbing work without qualifications and other breaches...
29 September 2021
The NSW Government has released the Environmental Impact Statement for its controversial proposal to raise the height of the Warragamba Dam wall in order to reduce flood risks in the Hawkesbury-Nepean Valley...
29 September 2021
The Insurance Council of Australia has unveiled more details about its virtual Annual Industry Forum taking place next month...
29 September 2021
Victoria's record-breaking earthquake and its impact on insurers is the main talking point in the latest episode of the Insurance News podcast...
28 September 2021
“Buy now, pay later” company Coverpay will offer a general insurance product from next month aimed at consumers and SMEs after raising $2.5 million in launch funding to roll out its platform...
28 September 2021
Australia-based insurtech Cover Genius has secured $100 million in new funding from financial backers to support its global expansion plan...
28 September 2021
Premium funders are completing a final round of consultations on an inaugural code of practice, with the Australian Finance Industry Association aiming to publish the finalised document before the end of the year...
28 September 2021
Allianz Australia announced today Wolfgang Deichl will take on the CFO position on November 15...
24 September 2021
Treasurer Josh Frydenberg is urging insurers to assist the progression toward net zero emissions by helping traditional industries such as agriculture and mining adapt to a “structural and systemic shift in our financial system, which will only gain pace over time”...
24 September 2021
IAG had the right to cancel a public liability and property insurance policy arranged by a broker when it did not receive the premium for the coverage period, the Australian Financial Complaints Authority has ruled...
24 September 2021
The NSW State Insurance Regulatory Authority is looking at options to improve legal support and assistance for people injured in motor accidents after a review found some claimants may need more help navigating the scheme following reforms...
24 September 2021
Suncorp insurance brand AAMI has reminded footy fans to be careful if they fire up the BBQ this weekend, with 10% of BBQ-related claims lodged in September...
23 September 2021
Insurers have received 1700 claims from multiple states a day after Victoria’s largest earthquake on record, but only a handful of significant structural claims have been lodged so far, the Insurance Council of Australia says, and insurers do not expect to incur major costs...
23 September 2021
Suncorp Group CEO and MD Steve Johnston has urged state and federal governments to agree on a national approach for the industry to respond to natural disasters ahead of the looming peak hazard season...
23 September 2021
Australian businesses face an urgent financial imperative to address mental health and other people risks, with premiums in related lines rising and the pandemic increasing stresses, Mercer Marsh Benefits says...
23 September 2021
The Insurance Council of Australia is warning Queensland residents to watch out for “disaster chasers” eleven months after last year's Halloween hailstorm...
22 September 2021
Insurers have already received a small number of claims after one of the largest earthquakes on record to hit eastern Australia struck today, causing damage to buildings but no reported serious injuries...