02 February 2021
The Local Government Association of Queensland is today urging the Federal Government to set up a national reinsurance pool before the next disaster season to help cut the cost of soaring premiums in the state...
02 February 2021
AIG has won a claim dispute over a $25,000 policy benefit sought by a man who lost the tip of one of his thumbs during a circular saw accident in May...
29 January 2021
A Treasury consultation will consider exemptions to the new deferred sales model for add-on insurance...
29 January 2021
The Australian Financial Complaints Authority has ruled Suncorp does not have to cover a $50,000 fee paid by policyholders to someone they engaged to assist with a home storm damage claim after they were dissatisfied with the insurer’s response...
29 January 2021
The Federal Court has ruled a beverage importer can rely on the meaning of "a third party beneficiary" as set out in the Insurance Contracts Act to claim under an Industrial Special Risks Insurance Policy issued by CGU...
29 January 2021
IAG says driverless car manufacturers must share vehicle use data and technical details if insurers are to continue offering cover...
28 January 2021
Aon has announced the executive team that will lead the company under CEO Greg Case after completion of its $US30 billion merger with Willis Towers Watson...
28 January 2021
A complaint filed by a motor trader against PSC Reliance Franchise Partners, accusing the broker of failing to arrange an “appropriate” insurance policy, has been dismissed by the financial dispute resolution body...
28 January 2021
Hollard-backed insurtech Open will administer two new general insurance products for health insurer ahm...
28 January 2021
Drones featuring high-definition thermal imaging and live-streaming cameras have been added to Victoria’s bushfire defence arsenal...
27 January 2021
Insurers have reduced cyber capacity limits on single risks while premium rises are set to continue after gains of 15-20% in Australia last year as demand for cover accelerates, Marsh says...
27 January 2021
SME insurance specialist BizCover says premiums of business policies sold through its online platform have hardly increased, contrary to what is being reported in the broader market...
27 January 2021
Travel insurer Cover-More says it was not directly impacted by a cyber attack on software provided by Accellion...
27 January 2021
IAG Ethics Committee member and former group executive Sam Mostyn has been recognised in this year’s Australia Day Honours...
25 January 2021
A possible surge in COVID-19 business interruption claims adds to existing pressures on Australian general insurers’ earnings, Fitch warns...
25 January 2021
A Suncorp contents insurance policyholder who believed a bat was responsible for a power surge that subsequently damaged his laptop and televisions has failed in his bid to have the insurer accept his claim...
25 January 2021
Natural disaster mitigation is vital to keep insurance affordable, because without it regional communities may never recover, Suncorp says as it releases a new report today...
25 January 2021
Catastrophe data company Perils has finalised its overall loss estimate of several hailstorms that hit the eastern states in January last year, raising the value of claims accepted by insurers to $1.89 billion...
22 January 2021
Nexus Risk Services will join Insurance Advisernet under an arrangement agreed by the two Austbroker equity partners...
22 January 2021
A growing number of businesses are being forced to shutter because they can’t get public liability insurance which is mandatory for many of the industries they operate in, according to Australian Small Business and Family Enterprise Ombudsman Kate Carnell...