Daily
13 July 2021
The Australian Financial Complaints Authority has upheld a decision by Allianz to reject a farm pack customer’s claim for loss of hay in a fire incident last year, ruling he had not included the site where the blaze occurred in the policy contract...
13 July 2021
Former RAA Insurance CEO and previous Insurance Council of Australia board member David Russell has joined consultancy The Bridge International, offering executive coaching and mentoring...
09 July 2021
GSK Insurance Brokers Senior Account Manager Jeff Booth and Albany District Insurance Brokers Account Executive Luke Cameron have won this year’s National Insurance Brokers Association awards for WA...
09 July 2021
The NSW Government plans to develop a risk-rating tool for new residential buildings as part of the state’s ongoing efforts to reform the troubled construction industry and restore insurers’ confidence...
09 July 2021
Tower CFO Jeff Wright has resigned from the role and will depart at the end of the year to return home to Australia...
09 July 2021
A policyholder has lost a complaint over the sum offered for storm-damaged ornaments and statues made by her late husband after it was determined the insurer’s proposed settlement was fair and it was not required to take sentimental value into account...
08 July 2021
The insurance industry has welcomed exemptions for a number of classes of products from the deferred sales model for add-on insurance, which starts October 5, which were revealed by the Federal Government today...
08 July 2021
The Federal Court will next month start hearing the Insurance Council of Australia (ICA) second test case on business interruption cover related to COVID-19, and has joined a separate QBE matter into the proceedings...
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...
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...
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...
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...
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..
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...
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...
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...
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...
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...
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...
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...