Daily
Coronavirus claims prioritised as ICA declares catastrophe
12 March 2020
Insurers are ramping up their response to the coronavirus pandemic, with the Insurance Council of Australia declaring the COVID-19 respiratory illness outbreak an insurance catastrophe...
Event cancellations 'probably not covered' by insurance
12 March 2020
Sports clubs and event and conference organisers are not likely to be able to claim on insurance policies for coronavirus-related cancellations...
Convicted murderer loses claim to wife's insurance payout
12 March 2020
A former policeman currently serving life in prison for murdering his wife has no right to claim the payout from a life insurance policy they had jointly taken out weeks before her death, the Federal Court of Australia has ruled...
QBE swoops for IAG innovation expert
12 March 2020
QBE has announced the appointment of James Orchard as its new CEO of QBE Ventures...
SME satisfaction with brokers rises, but mistrust remains
11 March 2020
Brokers are becoming more proactive in assisting clients and satisfaction measures are rising, but levels of mistrust have also increased, the annual Vero SME Insurance Index says...
Coronavirus latest: ASIC shelves forum, Steadfast cancels convention
11 March 2020
The Australian Securities and Investments Commission has postponed its annual forum and dinner, just hours after Steadfast announced the cancellation of its huge annual conference...
Rainy day cover: IAG trials its new Poncho product
11 March 2020
IAG may introduce a new motor insurance name among its established stable of brands pending the outcome of a product trial currently taking place in NSW...
Life code breaches worry compliance committee
11 March 2020
An independent investigation has found significant claims and complaints handling breaches of the Life Insurance Code of Practice...
Bigger, but also better: Aon boasts benefits of WTW mega-deal
10 March 2020
Aon will become the world’s largest insurance broker after agreeing to acquire Willis Towers Watson for $US29.9 billion in shares...
Building cover tops AFCA insurance complaints
10 March 2020
Home building cover was the most complained about insurance product in the second half of last year, Australian Financial Complaints Authority data released today shows...
Burglary claim denied after claims history not disclosed
10 March 2020
A woman whose home was broken into had her insurance claim declined because she failed to disclose her claims history and partner’s criminal past...
Bushfire weather system ‘becoming more frequent’
10 March 2020
A weather phenomenon that was partly to blame for the recent horror bushfire season is becoming more frequent and more severe, according to new research...
ICA cancels Annual Forum on virus concerns
06 March 2020
The Insurance Council of Australia has cancelled this month’s Annual Forum due to concerns about the spread of the coronavirus...
Summer losses set to reach $5 billion: APRA
06 March 2020
Insured losses from extreme weather events during summer are likely to rise to $5 billion, Australia’s financial regulator says, and this will “undoubtedly” have an impact on the cost and availability of insurance...
SIRA orders underpayment remediation plan from icare
06 March 2020
NSW state insurer icare has been ordered to produce a “review and remediation plan” by next Friday in relation to workers who have been underpaid statutory benefit entitlements...
QBE silent on possible sale of lenders' mortgage business
06 March 2020
The future of QBE’s lenders’ mortgage insurance arm is again under the spotlight after a newspaper reported today a number of potential buyers are keen to acquire the business...
Motorists claiming injury caught fishing, holidaying
05 March 2020
Twelve motorists have been prosecuted in WA for providing false and misleading information in relation to motor-injury insurance claims...
Industry steps up coronavirus travel restrictions
05 March 2020
Aon Australia has limited domestic travel and insurers are restricting employee overseas business trips as Governments globally take action to curb the spread of the coronavirus...
Time to back brokers: premium funder launches campaign
05 March 2020
A leading premium funder has unveiled a broker support campaign to highlight the value provided by intermediaries, at a crucial time for the industry...
Class actions set for federal inquiry
05 March 2020
A Federal Parliamentary inquiry into class actions will examine factors driving their prevalence, potential impacts on the economy and the role of litigation funders...