Daily
27 April 2021
Bermuda-based specialty lines insurer Arch Capital Group has declared it has no existing business with the Adani Carmichael coal mine and ruled out providing insurance for the controversial project in central Queensland...
27 April 2021
New Zealand’s Earthquake Commission has teamed up with GNS Science and national weather authority MetService to develop forecasting models for volcanic ashfall to help communities manage future eruptions...
23 April 2021
The stressed directors’ and officers’ market in Australia, plagued by capacity pullback from insurers and rate increases as high as 100% in the past few years, may have turned a corner, according to Aon’s latest industry update...
23 April 2021
Cyclone Seroja has caused extensive damage to WA farming properties in addition to towns close to the coast, while the rare path of the storm and its intensity has left a range of rebuilding and insurance challenges, a Sedgwick loss adjuster says...
23 April 2021
Steadfast Group is arming Australians with a new flood risk tracker which identifies the likelihood of flooding at a specific address...
23 April 2021
A woman who inaccurately responded to questions about debt in her online application for car insurance has lost a claim dispute with Hollard...
22 April 2021
A two-tier marketplace is set to emerge for property this year with conditions starting to ease for good risks while “challenged” areas remain difficult, Willis Towers Watson says...
22 April 2021
The corporate regulator has reviewed the responses of general and life insurers to customers suffering hardship during the COVID-19 pandemic, and was pleased with what it found...
22 April 2021
A landlord has lost a claim dispute with Suncorp after her tenants smoked methamphetamine, causing dangerous chemical contamination of the walls, ceilings and other surfaces...
22 April 2021
Auto & General Insurance, which underwrites brands Budget Direct, Virgin Money and ING, says it is making changes to its home insurance after being singled out in a scathing rebuke by Choice for what the consumer group describes as unfair fire definitions...
21 April 2021
The NSW Supreme Court has ruled a dispute between JLT and local governments over insurance cover should proceed as a class action, with a trial scheduled for October...
21 April 2021
Allianz has lost a claim dispute after an event organiser reluctantly cancelled a Sydney weekend music festival on the direction of the local council days before a COVID lockdown came into effect...
21 April 2021
IAG has formally appointed three EGMs to its Intermediated Insurance Division leadership team, which is to be headed by incoming industry veteran Jarrod Hill...
21 April 2021
A slew of announcements from broker cluster groups was the key discussion point for the INsight podcast this week...
20 April 2021
Broker Co-op – a cluster group formed exclusively for Australian independent brokers – launched today...
20 April 2021
The Insurance Council of Australia has released a detailed explanation of the industry’s response to COVID-19 related business interruption claims, following criticism of lengthy test cases which compare unfavourably with a similar process in the UK...
20 April 2021
Personal lines insurance brands run by mutual motoring bodies have come out on top in a Roy Morgan general insurance customer satisfaction survey...
20 April 2021
NRMA Insurance has unveiled a new world for the popular online game Minecraft, to help young Australians learn about preparing for natural disasters...
16 April 2021
AUB Group has launched The Insurance Alliance – an initiative allowing brokerages to access an expanding range of services offered by the company without becoming equity members of Austbrokers...
16 April 2021
Plaintiff law firm Maurice Blackburn has launched a class action against Suncorp, accusing its AAI subsidiary of using “misleading or deceptive conduct” to sell add-on insurance products at car dealerships...