24 February 2021
A landlord has won a partial payout during a claim dispute after evicted tenants left broken windows, graffiti and missing taps - although the majority of the damage was ruled to be subject to a policy exclusion for poor housekeeping and unhygienic habits...
24 February 2021
A packed year of regulatory reform is the key talking point in this week’s edition of the Insurance News podcast...
23 February 2021
QBE has announced to staff that about 40 roles will be made redundant, insuranceNEWS.com.au understands...
23 February 2021
AUB Group has again lifted its earnings forecast for this financial year as the business turned in a strong first-half performance, with underlying net profit after-tax of $30.7 million for the six months to December 31...
23 February 2021
Allianz Australia and its subsidiary AWP face criminal charges accusing them of making false or misleading statements on a range of domestic and international travel insurance products between 2016 and 2018....
23 February 2021
The Australian Financial Complaints Authority has upheld a decision by Terri Scheer to raise the annual premium for a landlord insurance policy by 25% when it was renewed last year...
19 February 2021
QBE Group says it's well placed to take advantage of a stronger market to pursue targeted growth and improve its performance in the wake of a $US1.52 billion loss...
19 February 2021
Legal battles over business interruption cover for COVID-19 may bring little clarity to the Australian market until later in the year, QBE Group Interim CEO Richard Pryce said today...
19 February 2021
AIG Australia says Lisa Jeffery has joined the business as Head of Client and Broker Engagement as well as interim Head of Claims...
19 February 2021
Farmers claiming $30,000 to repair flood-related damage to a Tweed River property after Cyclone Debbie have lost a dispute with its insurer...
18 February 2021
New icare CEO Richard Harding has announced an overhaul of the state-owned insurer’s leadership team, involving creation of a new governance role and the departure of a number of executives...
18 February 2021
The country’s competition watchdog has “preliminary concerns” that the proposed union of Aon and Willis Towers Watson could lead to a less competitive commercial insurance broking sector in Australia, with the market dominated by the merged entity and Marsh...
18 February 2021
Former Sydney insurance broker and convicted tax cheat Timothy Charles Pratten must pay a $2.43 million penalty as sought by the Commonwealth, the Supreme Court of NSW has ruled...
18 February 2021
A business has won a dispute over a claim denied by Zurich after hackers accessed its accountant’s email and fraudulently lured payment from a customer...
17 February 2021
Austbrokers, the broking arm of AUB Group, has established a dedicated unit to handle complex risks in response to ongoing challenging conditions in the market, which have been described by the industry as the toughest since 2000...
17 February 2021
Laws to defer add-on insurance sales could expose consumers to immediate financial risk in a number of scenarios including rental vehicle hiring, brokers have warned as the Government considers exemptions to the new rules set to take effect this year...
17 February 2021
A major broker has welcomed a plan to permanently ease continuous disclosure requirements for listed companies, saying the proposed rule change will put Australia in step with the US and UK, and help address soaring directors' and officers' insurance premiums...
17 February 2021
The National Insurance Brokers Association’s discussion document on proposed changes to the Code of Practice was the key talking point for the latest Insurance News podcast, INsight...
16 February 2021
Australian broking group MGA has been forced to freeze plans to set up operations in Myanmar following political unrest in the South East Asian country...
16 February 2021
Melbourne-based Insurance House Group has expanded its presence in the Victorian capital and moved into SA through “strategically timed” mergers with PSB Insurance Brokers and Malcolm Hutson & Associates...