Ombudsman increases farm flood payout
18 September 2025
Farm insurer Achmea has failed to convince the industry ombudsman that a cash settlement for flood damage is fair, because it did not hire experts to assess the loss...
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Honey boss takes strategic role, names successor
17 September 2025
Honey founder Richard Joffe will become executive chair of the business, with former Allianz Australia COO David Krawitz taking over as CEO...
Nation’s homes ‘fall short on flood protection’
17 September 2025
Flood resilience lags bushfire and cyclone mitigation and a wider community-level approach is needed to reduce risks, a building sector executive has told a Senate inquiry...
Vandalism dispute decision breaks in claimants’ favour
17 September 2025
Hollard has been told to increase its cash offer to property owners after the financial services ombudsman found it mishandled their vandalism claims...
INsight podcast: new reports outline concerning climate future
17 September 2025
The federal government's new National Climate Risk Assessment is the main topic of debate on the latest Insurance News podcast...
‘Some sort of intervention’ needed on climate risk: Hall
16 September 2025
Australian insurers accept the federal government will probably intervene to address high-risk properties being priced out of cover – but the industry's minister has pledged not to “cut and paste” overseas solutions...
AUB hunts for finance chief as ‘instrumental’ exec leaves
16 September 2025
AUB Group is searching for a new CFO following the departure of Mark Shanahan after almost eight years in the role...
ICA rejects corporate tax overhaul, seeks ‘real productivity gains’
16 September 2025
The Insurance Council of Australia has criticised an “unworkable” tax reform proposed as part of a federal government bid to lift productivity, instead backing a broader tax overhaul and recommendations to improve mitigation and efficiency...
Legal costs claim falls short, but insurer to pay for delays
16 September 2025
A homeowner who was sued by someone who fell outside his property has lost a bid to make his insurer cover his legal costs...
‘Necessary refinement’: CGU cuts personal lines commissions
12 September 2025
CGU Insurance says commission rates for home, landlord and private motor will be reduced by 2.5% from February 21...
Marsh head of corporate and commercial to join Gallagher
12 September 2025
Marsh’s head of corporate and commercial for the Pacific business Johannes D Veldsman is joining rival international brokerage Gallagher...
Industry urges caution on Victorian strata payments reform
12 September 2025
Victoria should carefully assess the possible impacts of banning strata manager commissions and consider reforms to stop insurable buildings becoming high-risk liabilities due to maintenance failings, the Insurance Council of Australia says...
Ombudsman backs insurer over crime victim’s ‘consent’
12 September 2025
A theft victim has been denied a payout after a removalist stole her car, a boat and other items, because the losses fell under a consent exclusion in her insurance policy...
Actions on rates and risk buoy home insurers
11 September 2025
Homeowners insurance profitability has improved following underwriting responses in many global regions, despite growing catastrophe risks, Moody’s Ratings says...
Removalist hire not a care cost, injury commission rules
11 September 2025
Hiring a removalist does not constitute “treatment and care” for insurance purposes, the NSW Personal Injury Commission has found...
Insurance News backs R U OK? Day with wellness survey
11 September 2025
The annual Insurance News Wellbeing Survey is under way, coinciding with R U OK? Day today...
Payout in the pipeline as ombudsman rules on leak claim
11 September 2025
A strata site that claimed for water damage will receive a payout after the complaints authority ruled the loss was probably caused by a truck hitting pipes...
More states to follow TasInsure’s lead, Rockliff insists
10 September 2025
Tasmanian Premier Jeremy Rockliff has doubled down on his party’s plan to set up a state general insurer and says others may follow suit...
Strong wind the ‘invisible force’ behind winter claims
10 September 2025
NRMA Insurance received more than 9400 wild weather claims in winter as wind damaged homes and vehicles...
Couple run out of options in bid for ring payout
10 September 2025
A couple who sought a $15,000 payout for a missing engagement ring have lost a claim dispute because they did not buy an optional benefit that would have covered the item...