Daily

NSW Government to meet with industry over ESL reforms

12 December 2023

The NSW Government has scheduled face-to-face meetings with representatives from the insurance sector this week to discuss ways to reform the state’s Emergency Services Levy funding arrangements...

Industry veteran Kingsley Lamont dies 

12 December 2023

Insurance industry veteran Kingsley Lamont, who was prominent in the early formation of Steadfast and OAMPS, died in Perth on Thursday after a battle with pancreatic cancer...

ACCC says cyclone pool full impacts may be ‘some time’ away

08 December 2023

The Australian Competition and Consumer Commission says it may be “some time” before consumers see the full impact on premiums from the Federal Government’s cyclone reinsurance pool, with most major insurers only recently joining the scheme...

Bundaberg flood levee 'a step closer'

08 December 2023

The Queensland Government says the Bundaberg East Levee project is a “step closer” to being delivered after it announced that necessary approvals are in place and it has begun to consult with experts to finalise design plans...

CSLR transitional board names CEO

07 December 2023

The Compensation Scheme of Last Resort Transitional Board has appointed David Berry as its inaugural CEO as it gears up for the start of operations next year...

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...

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...