30 August 2024
Melbourne venues including the Transport Hotel and Public Bar at Federation Square have lost a covid-related business interruption dispute heard in the Supreme Court of Victoria...
30 August 2024
Agile Underwriting Services has launched in New Zealand to support its Lloyd’s syndicate...
30 August 2024
A business whose motor insurance policy was cancelled over the non-disclosure of a director’s driving offences has lost a dispute before the complaints authority...
30 August 2024
A final quarterly update on icare’s improvement program says the NSW state insurer has delivered a “significant undertaking” in addressing 107 recommendations...
29 August 2024
Steadfast Group says premium rates will continue to rise this financial year as insurers put through increases to address inflationary pressures that are particularly affecting property underwriting...
29 August 2024
Marsh says improving market conditions should continue for insurance buyers – so long as major catastrophe losses are avoided...
29 August 2024
The Australian Prudential Regulation Authority plans to channel more resources into tackling the country’s worsening home insurance protection gap...
29 August 2024
An electric vehicle conversion business that had a fire damage claim denied and its policy cancelled over non-disclosure of imported batteries has won a bid to overturn the decision...
28 August 2024
An Australian underwriting agency has suffered a “cyber incident”, with reports suggesting stolen data is being offered for sale on the dark web...
28 August 2024
Another round of spending has been allocated under the federal government’s five-year $1 billion Disaster Ready Fund...
28 August 2024
Insurers must improve training and monitoring of external experts and ensure they only provide factual evidence based on their areas of knowledge, the Code Governance Committee says following an inquiry...
28 August 2024
Worsening home insurance affordability challenges are the main discussion point on the latest Insurance News podcast...
27 August 2024
The risk of coastal flooding in “any given year” is 1% for 500,000 properties in Australia – equal to a 25% risk of being inundated over the course of a standard mortgage, according to a new report from Aon and Monash University...
27 August 2024
Cash settlements have become a “problematic norm” in response to home claims following disasters and a suite of reforms is needed, a Financial Counselling Victoria report says...
27 August 2024
Johns Lyng Group says it performed strongly in 2023-24, supported by its core insurance building and restoration services division...
27 August 2024
The Australian Financial Complaints Authority has told RACQ Insurance to pay a homeowner couple compensation for stress-related damages caused by its failure to adequately investigate contamination in a fire-damaged kitchenette...
23 August 2024
Leading professionals and companies were recognised at the annual Australian and New Zealand Institute of Insurance and Finance Awards last night...
23 August 2024
PSC Insurance Group has reported an 11% rise in underlying profit, in what is likely to be its final result as a listed Australian company before becoming part of UK-based Ardonagh...
23 August 2024
A cafe that lost earnings when a landslide closed the main road to the Falls Creek alpine resort in Victoria has won a business interruption cover dispute...
23 August 2024
A former coal mine worker whose life has been “destroyed” by black lung has won more than $3 million in damages in a landmark decision by the NSW Dust Diseases Tribunal...