Axa XL claims head named Australia Country Manager
08 July 2021
Axa XL announced today its Sydney-based Head of Claims APAC Catherine Carlyon has been promoted to Country Manager Australia, with her appointment to take effect on August 1...
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INsight podcast: code revamp reflects changing expectations
08 July 2021
The introduction of the latest version of the General Insurance Code of Practice was one of the main topics of discussion on the latest Insurance News podcast...
Extreme weather events exposing failings: report
07 July 2021
A Financial Rights Legal Centre report has detailed the leading five insurance problems faced by consumers following the Black Summer bushfires catastrophe and seven other recent extreme weather events up until April this year...
‘Unpredictable’ cyclone aftermaths key for pool
07 July 2021
Devastating unpredictable later impacts from events such as Cyclone Debbie must be considered in the design of the Federal Government’s proposed reinsurance pool, an economic development group says...
Climate driver points to wet winter, spring
07 July 2021
The Bureau of Meteorology says an Indian Ocean climate driver that brings rain to parts of southern Australia is set to develop this year and may already have been responsible for some recent wetter weather..
Landlord told most damage not covered in claim dispute
07 July 2021
Suncorp has been found liable for cracked windows, wall holes and missing door knobs, but within its rights to decline cover for a long list of other property damage during a claim dispute with a landlord...
Westpac sells NZ life business
06 July 2021
Westpac has agreed to sell its New Zealand life insurance arm for $NZ400 million ($374 million) to Fidelity Life Assurance Company, the bank announced today in a statement...
Man accused of staging Volkswagen theft wins $18,500 payout
06 July 2021
The owner of a Passat station wagon has won a claim dispute with IAG after his car was found burnt-out in bushland...
Natasha Gale takes the reins at ARAG
06 July 2021
Legal Expense Insurance specialist ARAG Services Australia has promoted Natasha Gale to CEO after the family-owned German business quickly scaled up in size here to support a local chief...
Claims crunch time: podcast discusses broker value
06 July 2021
Difficult market conditions and claims experiences are encouraging more small businesses to consider using brokers, the final episode of a feature podcast series on the Vero SME Insurance Index has highlighted...
BI class actions launched against QBE, Lloyd's
02 July 2021
Gordon Legal has launched class actions in the Federal Court against QBE and Lloyd’s over the rejection of business interruption claims lodged due to COVID-19 pandemic restrictions...
RACT Insurance reviewing Dunalley bushfire ruling
02 July 2021
The Supreme Court of Tasmania has today ruled in favour of 400 plaintiffs in a huge court action relating to the January 2013 bushfire that ripped through the town of Dunalley...
Suncorp divests 50% stake in RACT Insurance
02 July 2021
Suncorp will sell its 50% stake in RACT Insurance for $83.75 million to mutual motoring body RACT Group, which owns the other half of the Tasmanian joint venture, the insurer announced today...
AFCA awards payout, compensation to saggy ceiling claimant
02 July 2021
A Victorian woman has won a payout and been awarded compensation for unusual physical inconvenience and stress in a claim dispute with IAG over sagging ceilings throughout her 13-year old home...
Allianz completes Westpac deal to become third biggest insurer
01 July 2021
Allianz says it is now the third largest general insurer in Australia - behind IAG and Suncorp - following the completion today of its $725 million acquisition of Westpac’s general insurance business...
Steadfast unveils risk management tool
01 July 2021
Steadfast today introduced a data-driven management tool to assist its brokers with identification of risk hazards and natural catastrophe exposures by geographic locations and operational activities...
NIBA names SA/NT broker award finalists
01 July 2021
The National Insurance Brokers Association has revealed the 2021 finalists in SA/NT for both its Broker of the Year and Young Professional Broker awards.
INsight podcast: when politicians attack
01 July 2021
Insurers’ appearance before the House of Representatives Standing Committee on Economics was the main discussion point on the latest Insurance News podcast...
'Tough' new code set to kick in for industry
30 June 2021
An updated Code of Practice is set to kick in tomorrow for the general insurance industry, ushering in a new era of strengthened consumer protections and stiff sanctions for non-compliance including penalties of up to $100,000 for significant breaches...
Just a minute: transcript reveals High Court's swift rejection of industry case
30 June 2021
Court documents outline the complex legal arguments made by the insurance industry as it sought leave to appeal the outcome of the first COVID-19 business interruption test case, as well as the speed of their dismissal...