24 September 2024
Regulators are pushing insurers to be more transparent about the drivers of premium increases, with policyholders saying reasons for unexpected surges aren’t adequately explained...
24 September 2024
Allianz is expected to sell its Hunter Premium Funding business by the end of the year, according to a report in the Australian Financial Review...
24 September 2024
The Insurance Council of Australia has renewed calls to stop building on floodplains after concerns were raised over the Queensland Government’s decision to approve a significant Gold Coast housing project...
24 September 2024
A company that said its truck broke down due to a collision with an emu will not be covered for its loss after the dispute ombudsman ruled that mechanical failure was the cause...
20 September 2024
Strata laws that strengthen enforcement and increase transparency on remuneration and conflicts of interest have passed the NSW parliament, as the government continues to consider action on commissions paid to strata managing agents...
20 September 2024
The first Australian edition of Sedgwick’s product recall report shows more than 600 “corrective actions” in the first half of the year across the automotive, consumer product, food and drink, medical device and pharmaceutical sectors...
20 September 2024
QBE will not be allowed to recover repair costs from a complainant after it fixed his wife’s vehicle when it was no longer insured...
20 September 2024
An upcoming webinar will dispel myths about insurance alternatives – including that discretionary mutual funds are intended to tackle uninsurable or bad risks...
19 September 2024
The cyclone reinsurance pool has started delivering lower premiums for some consumers but savings have been offset by other cost rises, the Australian Competition and Consumer Commission says...
19 September 2024
RACQ has again pressed for the scrapping of home insurance taxes ahead of the Queensland elections on October 26...
19 September 2024
A traveller who cancelled her trip to Marrakech after a 6.8-magnitude earthquake struck the Atlas Mountains has lost a claim dispute...
19 September 2024
NRMA Insurance received 5771 “wild weather” claims in winter, down 40% from autumn but up from 4184 in winter last year, with water entering homes one of the most common issues...
18 September 2024
UK-based Ardonagh has received the government regulatory approvals required for its $2.3 billion takeover of PSC Insurance Group...
18 September 2024
If a La Nina weather system develops later this year it is likely to be weak, according to the latest climate driver update from the Bureau of Meteorology...
18 September 2024
A traveller who sought a payout for her partner’s scuba diving-related decompression sickness will not be covered after her insurer’s application of a policy exclusion was deemed fair by a complaints authority...
18 September 2024
The ongoing impact of the ABC's strata investigation is discussed in depth on the latest episode of the Insurance News podcast...
17 September 2024
State insurer icare will offer physical and sexual abuse cover for contracted providers of youth homelessness and other out-of-home care services in NSW, providing a long-term solution for the challenging niche...
17 September 2024
Suncorp CEO and MD Steve Johnston will chair the Insurance Council of Australia board from January 1...
17 September 2024
An “avid car collector” who was not paid when his VW Kombi was sold will not be covered for his loss after the dispute authority found his insurance policy should not respond...
17 September 2024
The ACT Liberal opposition says it will establish a strata and building quality commissioner if it wins government in next month’s election...