11 February 2021
The NSW Government is progressing with its cladding remediation program for affected residential apartment blocks, with plans to tender in the next few months for financial partners and a managing contractor...
11 February 2021
The owner of a 1970 show car insured for $200,000 has won a dispute with RACQ after it denied his claim on the basis he did not disclose two licence suspensions and a good behaviour order when buying his motor policy...
10 February 2021
IAG today reported a net loss of $460 million for the six months to December 31, primarily due to the expected cost of COVID-19 business interruption claims...
10 February 2021
Suncorp has called for Household Resilience Programs similar to the Queensland model to be rolled out in other states and focused according to local natural peril risks...
10 February 2021
COVID-19, insurance affordability, major mergers, broker commissions and a possible Federal election will dominate the thoughts of insurance industry leaders this year, according to panellists on the Insurance News podcast...
10 February 2021
Allianz has won a dispute with a man who failed to disclose he had lodged more than a dozen car insurance claims in five years when quizzed about his history as he took out a new policy...
09 February 2021
Suncorp's cash profit rose 39.5% in the first half to $509 million driven by earnings momentum across its Australian and New Zealand insurance operations and in banking and wealth...
09 February 2021
Vero will no longer sell consumer and construction insurance through Australian brokers in changes announced by Suncorp today as it continues to simplify and review its operations...
09 February 2021
QBE must pay $2000 to the parents of a young child after the family faced repeated delays and unsafe living conditions during rectification for damage caused by a leaking hot water system...
09 February 2021
The Victorian Government has arranged $6.9 million professional indemnity insurance coverage for surveyors, project managers and other contractors carrying out the state’s $600 million cladding rectification works in affected high-rise buildings...
05 February 2021
The Australian Prudential Regulation Authority warns general insurers face “significant risks” and says it will play a more prominent role in engaging on “challenging issues” in future...
05 February 2021
The Australian College of Insurance Studies is set to launch its first online and on-campus law courses through the University of Western Australia and the University of Queensland as it seeks to fill an education gap and raise standards...
05 February 2021
Insured losses from the Perth Hills bushfires have reached more than $40 million, with the total expected to rise in coming days as residents return to their properties following evacuations...
05 February 2021
Conditions last spring exhibited “extreme weather” elements, pushing the Australian Actuaries Climate Index to a reading of slightly above 0.6, its highest ever value for the season, according to an update released today by the Actuaries Institute...
04 February 2021
The Insurance Council of Australia has provided a summary of current legal action aimed at clarifying COVID-19 business interruption claims – including more detail about the proposed second test case...
04 February 2021
Commercial pricing in the Australia-dominated Pacific region surged 35% in the fourth quarter as an upward trend accelerated, the latest Marsh Global Insurance Market Index shows...
04 February 2021
The Australian Financial Complaints Authority has backed insurers in three vehicle claim disputes lodged by customers who blamed the sudden appearance of kangaroos for them losing control and crashing into trees...
04 February 2021
The National Insurance Brokers Association has appointed BJS Insurance Group Operations Manager Dianne Phelan as President effective from today...
03 February 2021
PSC Insurance Group says today the business expects to report a more than 50% jump in underlying pre-tax earnings when its half-year financial results are released on February 22...
03 February 2021
The number of homes destroyed by bushfires near Perth has risen above 70 as strong winds and difficult terrain threaten to cause further property damage...