AFCA backs homeowner on storm damage claim
19 August 2025
A property owner will be covered for storm damage after the complaints authority rejected her insurer’s assessment that wear and tear was to blame...
Daily
Steadfast agencies review leads to departures
15 August 2025
Three Steadfast Underwriting Agencies managers have been made redundant following a review and “realignment” of the business...
Judges wave away Ruby Princess appeals
15 August 2025
The Federal Court has rejected appeals by a Ruby Princess cruise passenger and the tour operator over the Covid-19 outbreak on the ship in 2020...
Truckie pocketed $75k injury compensation while working
15 August 2025
A truck driver who falsely claimed workers’ compensation has been ordered to repay more than $75,000 to Victorian authorities and fined $5000 without conviction...
Fast car: motorist loses clash over replacement vehicle
15 August 2025
A motor policyholder who rushed to buy a new car on the assumption his damaged one would be written off has lost a bid for reimbursement of associated costs...
Bank sale, hazard reprieve lift ‘disciplined’ Suncorp
14 August 2025
Suncorp’s full-year net profit grew 52.3% to $1.82 billion, driven by lower than expected natural hazard costs and one-off gains from the sale of its Australian bank and New Zealand life businesses...
ICA backs Victorian resilient homes push
14 August 2025
The Insurance Council of Australia has welcomed recommendations from a Victorian inquiry that include establishing a resilient homes scheme similar to those in NSW and Queensland...
ASIC sues super fund manager over breach reporting
14 August 2025
The corporate regulator is taking Mercer Super to court alleging a systemic failure to report its investigations into member services...
Traveller denied payout after illness blamed on covid case
14 August 2025
A cruise passenger who was hospitalised with a respiratory tract infection will not be covered for his losses because the illness was found to be exacerbated by coronavirus...
IAG profit climbs as RACQ deal nears finish line
13 August 2025
IAG has reported a 51.3% jump in annual net profit to $1.36 billion and says its RACQ insurance acquisition should be completed at the start of next month...
Envest-backed truck fleet agency ready to roll
13 August 2025
Broking giant Envest Group will launch heavy motor agency TLI Underwriting at the end of this month...
Car owner denied payout after one crash too many
13 August 2025
A driver will not be covered for car damage after her insurer found she was involved in two collisions with another vehicle...
INsight podcast: guiding stars on the road to resilience
13 August 2025
The Productivity Commission’s proposal to create a climate resilience rating system for housing was one of the main topics on the latest Insurance News podcast...
Monitor notes ‘red flags’ as broker code breaches rise
12 August 2025
Brokers need to raise their game on client communication and disclosure of income arrangements, the profession’s code monitor says in its annual breach report...
360 recruits ‘widely respected’ COO
12 August 2025
Peg Vaghaye has been appointed COO of Australian agencies at 360 Underwriting Solutions...
Swiss Re corporate arm adds local finpro team
12 August 2025
Swiss Re Corporate Solutions has established a new Australia and New Zealand financial and professional liability unit...
Seafood firm raises stink after power cut
12 August 2025
A seafood business has won a dispute over stock losses caused when power was turned off in an area hit by storms and flooding, leaving it without refrigeration for a week...
Envest recruits Agar as tech rollout continues
08 August 2025
Former Ebix COO Simon Agar will join Envest as the broking giant rolls out its new Marketplace platform...
QBE makes gains as peril losses drop
08 August 2025
QBE’s first-half profit jumped 27% to $US1.02 billion ($1.57 billion), supported by increased revenue amid a slowing property market, and with catastrophe losses well within allowance...
Traveller wins payout after cat nip trip proves costly
08 August 2025
A holidaymaker who had to stay in London to treat a cat bite and possible rabies infection has won a battle with his insurer over accommodation costs...