Daily
Climate change ‘not major driver’ of soaring cat losses
15 March 2024
The frequency and severity of large natural catastrophe losses has soared in recent years, but a changing climate is not the major cause, Swiss Re says...
Last chance to secure Insurance News conference tickets
15 March 2024
Hundreds of people will attend Insurance News’ inaugural conference on Tuesday...
Business loses bid for cyber payout over hack rescue job
15 March 2024
A company that claimed $31,790 after its directors were forced to address a ransomware attack on a supplier will not be paid following an insurance dispute ruling...
Twin tropical lows threaten to become weekend cyclones
15 March 2024
A tropical cyclone is expected to form in the Gulf of Carpentaria tomorrow and may cross the coastline near the NT and Queensland border on Monday, the Bureau of Meteorology warned today...
NSW to access insurance data for levy reform
14 March 2024
The NSW Government has introduced legislation allowing it to collect insurance data to use in modelling and designing a funding system to replace the Emergency Services Levy...
Flood probe outlines ‘critical second phase’
14 March 2024
The Federal Government’s flood inquiry will hear from affected residents as it continues to investigate insurers’ responses to the record-breaking catastrophes of 2022...
New Lloyd’s general representative takes ICA board seat
14 March 2024
Incoming Lloyd’s General Representative Tracey Bryan has been made a Non-Executive Director of the Insurance Council of Australia...
Claimant loses challenge over $400k necklace
14 March 2024
A man who lost his gold necklace at a beach has had a claims complaint rejected after he asked his insurer to increase its cover from $10,000 to $392,256...
Steadfast settles legal issue with PSC
13 March 2024
Steadfast and its former network member PSC have agreed to settle a legal dispute over rebate payments...
Insured wins ‘theft’ row after relative wrecks car
13 March 2024
A man whose car was driven by a relative without his permission and crashed in a drug-fuelled accident has won a dispute over an insurer’s decision to decline his claim...
McLarens promotes executive adjuster to MD role
13 March 2024
Global claims services provider McLarens has appointed Andrew Brooke as MD of its New Zealand business after Dean Garrod stepped down last month...
INsight podcast: what's worrying our industry
13 March 2024
PwC's Banana Skins report and the slip-ups insurers worry about the most are among key discussion points on the latest Insurance News podcast...
Floods trigger extra repair payment after ‘vicinity’ dispute
12 March 2024
A dispute panel says an insured should receive an extra $340,800 under a benefit triggered by catastrophe damage “in the vicinity”, even though their destroyed property was 960 kilometres from record Queensland and NSW flooding...
Tropical low off WA has strong chance of forming cyclone
12 March 2024
A tropical low south of Christmas Island is expected to track close to WA later this week and has a high chance of developing into a cyclone, the Bureau of Meteorology has warned...
Regulations grid to ‘simplify’ compliance
12 March 2024
Insurers and other financial services providers can navigate the regulatory environment in a “simpler and easier” manner with the help of a new tool, according to the Federal Government...
HDI Global Specialty appoints single risk head for region
12 March 2024
HDI Global Specialty SE has named Paula Ritchie as its new Head of Single Risk Business for Australia and New Zealand...
Insurers wind up claims history database
08 March 2024
The Insurance Reference Services claims database – which aimed to help insurers identify disclosure failures or fraud – has been shut down...
‘Keep it going’: insurance leaders hail inclusion gains
08 March 2024
The Insurance Council of Australia today showcased some of the women making an impact in the industry to mark International Women’s Day...
Victoria storm damage passes $100 million
08 March 2024
Almost 20,000 claims have been lodged after storms ripped through Victoria on February 13 and 14 at an estimated cost of $104 million...
Policyholder’s criminal history proves costly
08 March 2024
A driver’s vehicle theft claim will not be paid after his insurer showed he made a misrepresentation by failing to disclose a common assault conviction...