Allianz add-on class actions to be combined
17 September 2021
Two class actions against Allianz Australia over add-on insurance sold through car dealerships are set to be combined following a Victorian Supreme Court decision this week...
Daily
Jarrod Hill starts as IAG intermediated head
17 September 2021
Jarrod Hill has taken up the role of IAG Intermediated Insurance Australia Group Executive, tasked with improving the performance of the division...
Landlord claiming COVID is 'civil commotion' loses dispute
17 September 2021
RAA Insurance has successfully argued that its policy term "civil commotion" refers only to something similar to a riot, and not to COVID-19 as a landlord customer insisted during a claim dispute hearing...
Vero wins Gold Mansfield Award
16 September 2021
Vero has won the Gold Mansfield Award for overall excellence in claims handling for a second straight year...
Insurer falls victim to email scam
16 September 2021
The local branch of a global insurer wired hundreds of thousands of dollars to fraudsters who sent emails impersonating the company’s CFO, a court has heard...
Criminal charges filed against CBA over CCI mis-selling
16 September 2021
The corporate watchdog filed 30 criminal charges in the Federal Court today against Commonwealth Bank of Australia, alleging the lender made “false or misleading representations” to sell consumer credit insurance products...
IAG ordered to settle vineyard's smoke tainted crop claim
16 September 2021
IAG has lost a dispute after it denied a NSW vineyard’s claim for the cost of an unsalvageable grape crop after bushfire, saying the loss was caused by smoke not flames and that its policy only covered loss of quantity, not quality of grape berries...
BI arguments pressed as test case hearings conclude
15 September 2021
Lawyers have put forward final arguments to conclude eight days of hearings in the Insurance Council of Australia second business interruption test case related to COVID-19 cover...
ICA forum returns in virtual format
15 September 2021
The Insurance Council of Australia Annual Industry Forum will return next month – in a virtual format...
Driver loses claim stoush over crash minutes before cover onset
15 September 2021
A man who lodged a claim after a collision on the same day he bought a Hollard motor insurance policy online has lost a claim dispute...
INsight podcast: reinsurance wrap-up, but not from Monte Carlo
15 September 2021
Reinsurance reports are the focus for the latest Insurance News podcast, in a week when industry professionals would normally converge in Monte Carlo...
Resilium Partners buys Cornerstone Risk Group
14 September 2021
Resilium Partners, which this year became part of Ardonagh, has acquired Brisbane-based Cornerstone Risk Group as it continues to look at growth opportunities...
Steadfast adds cyber to Mansions offering
14 September 2021
Steadfast-owned Mansions of Australia will add personal cyber protection to its Executive Insurance product from October 5, the business announced today...
ANZIIF names insurance awards finalists
14 September 2021
The Australian and New Zealand Institute of Insurance and Finance has announced the contenders for the Australian Insurance Industry Awards...
Storm claim rejected after roof defects found
14 September 2021
Westpac General Insurance has won a dispute over a claim for home water damage after a storm as it was found the roof had pre-existing problems with cracked and dislodged tiles...
Ensurance outlines Australia expansion, key appointment
10 September 2021
Ensurance has completed the integration of newly-acquired underwriting agency TK Specialty Risks, which will be rebranded as Ensurance Australia and target "aggressive" growth...
Lloyd's returns to profit after pandemic hit
10 September 2021
Lloyd’s has reported a £1.4 billion first-half profit, turning around its performance after the pandemic drove a year-earlier loss of £400 million...
VBA funds fire safety system research
10 September 2021
The Victorian Building Authority is supporting Deakin University research aimed at better understanding defects in “passive” fire safety systems in apartment buildings...
Pregnant traveller who scrapped Brazil trip over Zika loses dispute
10 September 2021
A woman who cancelled a planned trip to attend her brother’s wedding in Rio de Janeiro when she became pregnant and was medically advised not to go due to health risks from the Zika virus has lost a claim dispute with QBE...
Quarantine Act back in focus in BI court hearing
09 September 2021
Business interruption insurance exclusion wordings citing the repealed Quarantine Act have come back into focus in the test case hearing currently before the Federal Court...