Daily

RACQ hit with $10 million penalty for premium discount failings

30 November 2023

The Federal Court has penalised RACQ Insurance $10 million for pricing failures that affected more than 458,000 policyholders, causing them to miss out on some $86.47 million in combined premium discounts they should have received...

Eastern Australia hit by widespread storms, flooding

29 November 2023

Wild weather has swept across eastern Australia, with the NSW State Emergency Service reporting flash flooding, persistent heavy rain continuing in parts of the ACT, Victoria and Queensland and severe thunderstorm warnings issued...

Chubb names new local property manager

29 November 2023

Chubb has promoted Adit Witjaksono to the role of Property Manager Australia & New Zealand, replacing Ben McGregor who is relocating to Singapore to take the role of Head of Property APAC and Japan...

Injured tiler must repay $90,000 workers' compensation

28 November 2023

A Melbourne tiler has been convicted of fraud after he lodged a workers’ compensation claim after sustaining a back injury in September 2019 and received payments until early 2022 while working at a number of properties...

Victoria steps up building insurance enforcement

28 November 2023

The Victorian Government has introduced laws into Parliament today to prevent builders accepting deposits under a major domestic contract before they have taken out the required insurance...

At least 10 Perth homes destroyed by bushfire

24 November 2023

A bushfire has destroyed at least 10 homes north of Perth and emergency warnings remain in place as temperatures are forecast to reach nearly 40 degrees over the weekend...

Australia must avoid California path on protection gap: ICA

23 November 2023

California’s heavy reliance on regulation to address insurance problems provides an example of what not to do in dealing with the issues, Insurance Council of Australia CEO Andrew Hall told the National Press Club in Canberra today...

Travellers denied cover over Mumbai visa debacle

23 November 2023

Complainants who were stopped from boarding their flight due to not having a valid visa for transit in India have lost their dispute against their insurer’s decision to decline their claim...