Daily
States react to strata allegations, back national probe
12 September 2024
The Queensland and Victorian governments have expressed concern at strata management problems highlighted by Four Corners this week, while NSW says it would support a national inquiry...
Traveller loses battle with insurer over obesity non-disclosure
12 September 2024
A woman who was hospitalised on holiday will not be covered for her expenses after the complaints authority sided with her insurer, which found her illness stemmed from morbid obesity that she did not declare...
Insurance News backs R U OK? Day through wellbeing survey
12 September 2024
Insurance News is donating to mental health organisation R U OK? as part of this year’s industry wellness survey...
Cost keeps small businesses from upgrading cybersecurity
12 September 2024
IAG-owned insurer AMI has warned small businesses not to underestimate cyber threats after its research found cost is the main factor stopping many from investing in digital protections...
Analysts flag market impacts as spotlight falls on strata
11 September 2024
Improved disclosure to strata customers may be necessary and market share impacts for Steadfast are possible following this week’s Four Corners program and increased scrutiny on vertically integrated brokers, Morningstar says...
Johns Lyng defends ‘robust and transparent’ practices
11 September 2024
Building services provider Johns Lyng Group says it is committed to transparency and integrity in response to ABC reports this week criticising the strata industry...
Labor to ban use of genetic test results in life underwriting
11 September 2024
The federal government will bar life insurers from using genetic test results to assess underwriting risks, a move that has the backing of the industry...
INsight podcast: the ABC of strata
11 September 2024
The ABC's strata investigation is the main issue discussed on the latest episode of the Insurance News podcast...
‘Deep concern’: call for Treasurer to hold strata inquiry
10 September 2024
Consumer groups have urged Federal Treasurer Jim Chalmers to launch a public inquiry into the strata management industry following last night’s Four Corners program...
Steadfast announces ‘further review’ after ABC allegations
10 September 2024
Steadfast's trading halt has been lifted, and it has announced a review to flush out “inappropriate” behaviour following allegations about the listed group made as part of the ABC’s Four Corners strata exposé, which aired last night...
State probes claims against strata commissioner
10 September 2024
The NSW government has confirmed it is examining claims made against strata commissioner John Minns, whose business interest in a property management firm was flagged in the ABC’s Four Corners program yesterday...
icare ‘sorry’ over dust disease pay errors
10 September 2024
NSW state insurer icare says about 300 participants in its dust diseases scheme were underpaid...
Code reviewers call for $200,000 maximum penalty
06 September 2024
The independent panel reviewing the General Insurance Code of Practice has proposed doubling the maximum financial sanction for significant breaches to $200,000, to provide a stronger deterrent...
Lloyd’s hails half-year results as earnings surge
06 September 2024
Lloyd’s says it made a “superb” start to the year, achieving its best interim result since 2007...
Ex-intel officer to head Zurich cyber team
06 September 2024
Zurich Resilience Solutions has appointed Dan Elliott as head of cyber resilience, leading a new function within the business...
Traveller’s ‘spirit of the policy’ claim fails after flight crew stoppage
06 September 2024
A traveller whose flight was cancelled when airline crew had to stop working will receive only partial reimbursement for his losses under a complaints authority ruling...
ABC sets date for strata exposé
05 September 2024
The ABC’s Four Corners will broadcast its investigation into the strata industry on Monday – and it could be an uncomfortable watch for strata managers and brokers...
No change after Eraaya takeover, Ebix Australia says
05 September 2024
Ebix Australia has confirmed its operations will continue unchanged following Eraaya Lifespaces’ acquisition of its US parent through a chapter 11 restructuring plan that took effect last week...
Insurer told to rethink home premium after ‘unjustified’ increase
05 September 2024
A policyholder has won a reduction to their home and contents premium after their insurer raised it more than 60% at renewal...
Insurance News conducts industry wellbeing survey
05 September 2024
As next week’s R U OK? Day approaches, Insurance News is once again inviting readers to participate in an anonymous survey to better understand your wellbeing and that of your industry peers...