15 April 2025
Australian general insurer profits surged to $6.1 billion last year amid a reprieve from natural catastrophes and a boost from investments, but the industry is far from making super-normal earnings, KPMG says...
15 April 2025
More than 4% of Australian properties face high risk from natural hazards that have been made more dangerous by climate change, leaving insurance “often unaffordable or unavailable”, according to new modelling...
15 April 2025
Public consultation on changes to the Motor Vehicle Insurance and Repair Industry Code of Conduct has been extended by eight weeks...
15 April 2025
A motor policyholder will not receive a payout after her husband accidentally filled her fuel tank with diesel exhaust fluid – despite arguing her insurer said it would cover the claim...
11 April 2025
BMS Risk Solutions is involved in a Federal Court dispute over an “earnout” payment of more than $1 million related to its Gard Insurance acquisition two years ago...
11 April 2025
More government funding has been allocated to help flood victims in western Queensland...
11 April 2025
A tropical low northwest of Darwin is expected to reach cyclone strength at the weekend and could bring heavy rain and strong wind to the Kimberley coast, while the Bureau of Meteorology is also monitoring conditions near the Gulf of Carpentaria...
11 April 2025
A van owner has won a reversal of her insurer’s decision to reject a damage claim after it said she misrepresented the vehicle’s condition by not disclosing camping-related modifications...
10 April 2025
The corporate regulator has detailed plans to publish company-level breach and complaints data to encourage businesses to “lift their game”...
10 April 2025
Darwin insurtech Raindrop has won an NT government innovation grant...
10 April 2025
Suncorp plans to cut 30 out of 70 assessing co-ordinator jobs in its motor claims team and to offshore some work functions, according to the Finance Sector Union...
10 April 2025
An Uber Eats driver who hit a parked car will not be covered after he was found to have misrepresented his vehicle’s use in a policy application made hours after the accident...
09 April 2025
The competition regulator has delayed announcing its findings on the proposed acquisitions of RACQ and RAA’s insurance underwriting operations...
09 April 2025
A strata owners lobby group has proposed changes for the next update of the broking code of practice, including explicit guidance on conflicts of interest...
09 April 2025
A claimant who damaged his two Mercedes-Benz cars in an accident has lost his bid to have both covered under a single policy...
09 April 2025
This week's report on breaches of the General Insurance Code of Practice is the main discussion point on the latest episode of the Insurance News podcast...
08 April 2025
Code breach data suggests insurers are still not meeting customer needs and they must devote “serious resources” to preventing problems, the Consumer Action Law Centre says...
08 April 2025
RACQ Insurance has received 17,843 claims related to Ex-Cyclone Alfred, making it the largest property claims event by number of lodgements in its 50-year history...
08 April 2025
The financial services ombudsman says June 30 is the cut-off for people to lodge complaints about consumer credit insurance and other add-on insurance products sold to them before July 2019...
08 April 2025
A homeowner whose flooring was damaged in a storm has won a claim dispute after her insurer refused to replace carpet throughout the property, meaning she faced a “patchwork” of different styles...