Daily
‘Populist thought bubble’: MPs, industry react to Dutton’s divestment threat
18 February 2025
Coalition leader Peter Dutton has doubled down on his interventionist threats as he looks to hold insurers to account for the “mess” of unaffordable premiums – but rival politicians and industry sources have poured scorn on his proposed solutions...
Hall calls for united front on resilience after Lismore visit
18 February 2025
Partnership with governments is key to improving disaster resilience, Insurance Council of Australia CEO Andrew Hall said today after visiting a flood-hit community...
Building group proposes new experts standard
18 February 2025
The Association of Insurance Building and Engineering Consultants has urged the General Insurance Code Governance Committee to push for a new best practice standard on engaging experts...
‘Claims farmers’ charged over alleged sex abuse payout scam
14 February 2025
Police have charged seven people over allegedly fraudulent claims made to a sexual abuse compensation scheme that has paid out more than $1.3 billion...
icare to bring builders' warranty claims in-house
14 February 2025
NSW state insurer icare has “insourced” homeowner claims management in the Home Building Compensation Fund, taking over from Gallagher Bassett, which had performed the role since 2017...
NZ insurers flag disaster response barriers after record floods, cyclone
14 February 2025
The Insurance Council of New Zealand has recommended measures to better respond to disasters after reviewing the industry’s handling of the Auckland floods and Cyclone Gabrielle in 2023...
AFCA orders car payout, compo after rejecting fraud accusation
14 February 2025
A motor policyholder has been awarded a full payout for her stolen car and $3000 in compensation for non-financial loss after challenging her insurer’s fraud allegation...
Liberty announces new regional leadership
13 February 2025
Liberty International Insurance has made key changes to its Asia-Pacific leadership team...
Covid case release, quiet catastrophe period lift IAG result
13 February 2025
IAG’s first-half profit jumped 91% to $778 million, lifted by a business interruption provision release and lower natural disaster costs...
‘Top of the scale’: category 5 cyclone heads for Pilbara coast
13 February 2025
Severe Tropical Cyclone Zelia is forecast to reach category 5 strength today and strike the WA coast about 1600km north of Perth tomorrow afternoon...
Outlook 2025 conference: last chance for early bird tickets
13 February 2025
Early bird tickets for the Insurance News Outlook 2025 conference are only available today and tomorrow – so get in quick to take advantage of the discounted rate...
Bank sale, fewer perils drive Suncorp profit surge
12 February 2025
Suncorp Group’s half-year profit has jumped 89% to $1.1 billion, driven by bank sale proceeds and a surge in consumer insurance earnings...
Claims count tipped to rise as Queensland downpour eases
12 February 2025
More claims are expected as north Queensland residents regain power and access to their homes after two weeks of extreme rainfall...
AFCA backs underinsurance clause after crash claim
12 February 2025
A business owner whose property was hit by a car during a police chase will be covered for only 35% of the repair bill after she was found to have underinsured by more than $1.4 million...
INsight podcast: deep dive into cyclone pool
12 February 2025
Potential improvements to the cyclone reinsurance pool are the main topic of conversation on the latest episode of the Insurance News podcast...
NSW issues penalty warning as strata laws begin
11 February 2025
The NSW government has warned penalties of up to $110,000 will apply for breaches of strata transparency laws that took effect this month, as it continues to consider further action on commissions...
McLardy McShane expands in Victoria
11 February 2025
McLardy McShane has opened a branch in Victoria’s Yarra Valley, led by Matthew Kohler and Rhian Greaves...
Experts to debate climate threat, insurance impacts
11 February 2025
Monash University will hold roundtables on climate change-linked extreme weather and the impact on communities, covering challenges around adaptation and insurance...
Insurer ordered to complete home repairs for vulnerable family
11 February 2025
The dispute authority has blocked an insurer from cash settling a water damage claim after its offer was found to be unfair, causing its customer a “high degree of stress”...
Insurers push for cyclone pool extension
07 February 2025
Queensland-based insurers pushed the case for an extension of the cyclone reinsurance pool’s cover at a federal parliamentary committee hearing today...