Daily
IAG announces sudden departure of Group General Counsel
06 December 2023
Group General Counsel and Company Secretary Peter Horton has left IAG with immediate effect, after the insurer said his behaviour "fell short" of its expectations...
Draft commission consent wordings put insurers at risk: ICA
06 December 2023
The Insurance Council of Australia is concerned over proposed legislative amendments to introduce a requirement to obtain client-informed consent prior to accepting commissions, it says in a submission to Treasury...
Cyclone Jasper strengthens as it heads towards Queensland
06 December 2023
Tropical Cyclone Jasper is expected to strengthen over the next few days and could affect the Queensland coast between Mackay and Cooktown early next week, the Bureau of Meteorology says...
INsight podcast: El Nino, but not as we know it
06 December 2023
Recent heavy rain and flooding is the main point of discussion on the latest edition of the Insurance News podcast...
Fitness centre’s reading of BI policy fails to convince AFCA
05 December 2023
A fitness centre in Melbourne’s eastern suburbs has lost a covid-related business interruption dispute after its argument over the effect of the word “or” in the policy clause was rejected...
Governance committee seeks to name insurers that breach code
05 December 2023
The General Insurance Code Governance Committee wants to be able to name insurers that breach standards...
Our Ark mutual launches cyclone offering
05 December 2023
Discretionary mutual Our Ark has started offering cyclone insurance to its members, the Picnic Labs-operated risk protection business announced today...
Claimant loses dispute over non-disclosure of son’s criminal conviction
05 December 2023
A homeowner who had his theft claim denied and policy cancelled after he failed to disclose his son’s criminal convictions has lost his dispute to overturn his insurer’s decision...
ICA developing policy papers on protection gap and affordability
01 December 2023
The Insurance Council of Australia has told a parliamentary committee inquiry into last year’s floods response that it is preparing a series of policy papers that will examine the nation’s “protection gap” and cover affordability...
Honan’s Fluitsma starts new role as Marsh completes acquisition
01 December 2023
Marsh has completed the acquisition of Melbourne-headquartered Honan Insurance Group and its CEO Andrew Fluitsma takes up a new role today as Marsh's Pacific Head of Corporate and Commercial...
Collision repairer AMA Group appoints CEO
01 December 2023
AMA Group has promoted Mathew Cooper to the role of CEO effective today following a period of leadership changes at the collision repairer...
WA bans motor ‘claims harvesting’ activity
01 December 2023
New “claims harvesting” legislation has today been introduced to the WA Parliament that will make it an offence to solicit and receive payments for insurance claims referrals for injuries sustained in car crashes...
Innovative conference aims to build industry understanding
30 November 2023
Insurance News will hold its inaugural industry conference in March next year with the aim of providing deeper understanding of the global and national insurance industries...
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...
Claimant wins collision dispute despite non-disclosure
30 November 2023
The director of an automobile service company has won a dispute after his insurer denied a claim for damage to a vehicle driven by one of his employees...
‘This is unusual’: areas burnt in Black Summer already bushfire prone again
30 November 2023
Large areas of Queensland, NSW and the NT are at increased risk of bushfire in coming months, the Australasian Fire Authorities Council says, as are some areas of Tasmania, Victoria, SA and WA...
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...
Complainant reimbursed after agent mis-sold CCI
29 November 2023
A homeowner who was inappropriately sold two consumer credit insurance policies by an insurer's agent has won a refund of the premiums he had paid...
INsight podcast: insurance issues hit the mainstream
29 November 2023
Insurance Council CEO Andrew Hall's speech to the National Press Club is the main talking point on the latest Insurance News podcast...