06 February 2025
The Insurance Council of Australia is working on responses to the more difficult recommendations from the federal floods inquiry and the industry code of practice review, CEO Andrew Hall says...
06 February 2025
Insurers have received more than 3950 storm and flood claims after a week of severe weather in north Queensland, the Insurance Council of Australia said today...
06 February 2025
A strata unit owner has lost a dispute over an insurer’s decision to increase her premium after a neighbouring property’s occupancy status changed...
06 February 2025
Melbourne-based brokerage Domo Insurance has appointed Anthony White as head of property and construction...
05 February 2025
Commercial rates fell 8% in the Australia-Pacific market in the fourth quarter of last year, the biggest drop globally, according to the latest Marsh price tracker...
05 February 2025
The Insurance Council of Australia has opened a hub in Townsville to help customers affected by severe storms and flooding in the wider region...
05 February 2025
Micro-SME owners are increasingly confident in their operations if they are insured, according to a survey by QBE...
05 February 2025
The General Insurance Code Governance Committee's decision to keep the identity of a sanctioned insurer secret is one of the main discussion points on the latest Insurance News podcast...
04 February 2025
The Insurance Council of Australia says 1435 claims have been lodged due to the northern Queensland floods, as severe weather begins to ease and evacuated Townsville residents are permitted to return home...
04 February 2025
Police are still hunting for gunmen who fled in a getaway car after firing shots at the Sydney office of a Community Broker Network authorised representative...
04 February 2025
The competition watchdog has begun market inquiries into IAG’s proposed acquisition of RACQ Insurance and the Allianz Australia purchase of RAA Insurance...
04 February 2025
Allianz has been ordered to pay a policyholder $1000 after it failed to provide a suitably luxurious rental vehicle while the man’s sports car was being repaired...
31 January 2025
IAG expects to release $200 million from its business interruption provision after the Federal Court last year ruled against claimants seeking to pursue a class action...
31 January 2025
Strata premiums should start to level out and maybe even decrease this year, according to leading brokerage Whitbread...
31 January 2025
Persistent heavy rain is forecast for parts of the north tropical coast in Queensland, potentially causing life-threatening flash floods and property damage...
31 January 2025
A homeowner who said a “misleading” estimation tool was to blame for her insufficient sum insured has lost a bid to increase her coverage...
30 January 2025
Financial Services Minister Stephen Jones today announced he will not stand for re-election...
30 January 2025
Insurers stand accused of abandoning small retailers in Melbourne as thefts spiral out of control – but brokers say affordable cover is still available...
30 January 2025
A Queensland adjudicator has ordered a strata complex body corporate to take out flood insurance after it planned to renew a policy without the cover...
30 January 2025
A landlord who was sued for damages after a cow escaped her property and caused a car accident has been denied insurance for her legal costs...