Insurer in hot water after flexi-pipe dispute
19 September 2025
Suncorp must pay homeowners $155,359 plus compensation after it wrongly denied liability for damage caused by a burst flexi-hose...
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Envest secures majority stake in Blue Zebra
18 September 2025
Envest Group has taken a majority stake in Blue Zebra after acquiring Youi’s 36.9% equity interest in the underwriting agency...
Court rejects bid for damages over premium hike
18 September 2025
Strata complex owners have won a $1 million damages lawsuit after a burst water main flooded their townhouses, but they have lost an argument involving their increased insurance premiums...
Slimming drugs tipped to ‘reshape mortality trends’
18 September 2025
Widespread adoption of weight-loss drugs used in products such as Ozempic could reduce death rates in coming decades, reversing a trend of rising obesity that has stalled life expectancy progress across developed markets, Swiss Re says...
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...
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...