Daily
30 June 2021
The National Insurance Brokers Association is temporarily pausing registrations for next month’s gatherings in Perth, Brisbane and Sydney due to the unfolding COVID-19 situation across Australia...
30 June 2021
A company director seeking almost $160,000 from Suncorp after he backed out of a property sale agreement because the home was damaged by fire before settlement has lost a claim dispute...
29 June 2021
A rapid rise in cyber premiums as a result of surging ransomware attacks is leading to challenging market conditions similar to those experienced in directors’ and officers’ cover, broker Marsh has told a parliamentary hearing...
29 June 2021
GSA Insurance Brokers, in which Steadfast holds a controlling stake, has acquired the NSW and Victorian businesses of Mega Capital, a professional risk insurance broking firm that is also majority owned by the listed broker network group...
29 June 2021
Plaintiff law firm Shine Lawyers says there will be an “influx of claims” after insurers suffered a business interruption test case defeat in the High Court last week...
29 June 2021
The Insurance Council of Australia has raised objections to some key Australian Competition and Consumer Commission recommendations on insurance, including the banning of broker commissions...
25 June 2021
Insurers’ battle over business interruption issues triggered by the COVID-19 pandemic will shift to a second industry test case to be heard later this year after the High Court today rejected any appeal on Quarantine Act exclusions, while other legal actions are also gathering pace...
25 June 2021
Insurers are discriminating against the coal-mining sector and are undermining emission reduction efforts by limiting cover to innovative engineering and technology companies, a Parliamentary inquiry was told today...
25 June 2021
The general insurance industry is battling its most challenging circumstances in 20 years, a Parliamentary hearing was told today...
25 June 2021
A Toyota Hilux driver has won a substantial payout during a claim dispute with Allianz after a sudden downpour sent rain through windows left open on a hot work day, flooding his ute interior...
24 June 2021
Insurer responses to the COVID-19 pandemic and natural catastrophes as well as the industry’s retreat from covering coal mining due to climate change pressures will be examined at two Federal Parliamentary committee hearings tomorrow...
24 June 2021
Cyber, climate change and the impacts of the pandemic have globally converged as the top issues facing insurers, a Risk Radar report examining concerns in countries including Australia has found...
24 June 2021
SRG Group, a Perth-headquartered broker in which AUB’s Austbrokers owns a 50% stake, has acquired corporate insurance broking specialist Gibbscorp for an undisclosed amount...
24 June 2021
Ben Morgan has been promoted to the role of CEO at Allianz Marine & Transit Underwriting Agency, effective next month...
23 June 2021
Federal Treasury needs to talk with leading insurers to understand what would encourage greater participation in the northern Australia market before it embarks on detailed design work for the proposed cyclone reinsurance pool, the National Insurance Brokers Association says...
23 June 2021
The Insurance Council of Australia has given a mixed reception to the NSW Government’s 2021/22 Budget, saying inaction on insurance tax reform has tempered the welcome announcement of $268 million to implement measures proposed by the NSW Independent Bushfire Inquiry...
23 June 2021
GSK Insurance Brokers Senior Account Manager Jeff Booth, Marsh Managing Principal Sarsha Neal and Imperium Insurance & Financial Solutions MD Sumit Sopori are in the running to be crowned this year’s WA Broker of the Year...
23 June 2021
The Australian insurance landscape will shift when Hollard acquires CBA's general insurance business, the Insurance News podcast has heard...
22 June 2021
Three senior managers at market leading broker Marsh have moved across to the new local operation of Howden, boosting the UK-based global broker’s ambition to be a major competitor in the rapidly consolidating specialist insurance broking market...
22 June 2021
Regional Insurance Brokers and Joe Vella Insurance Brokers today announced they have agreed to merge, in a move aimed at giving them more scale and depth to serve the north Queensland market...