15 August 2024
Financial counsellors have called for claims handling reforms in a supplementary flood inquiry submission that provides data on cash settlement shortfalls and feedback from more recent client experiences...
15 August 2024
The Insurance Council and the Planning Institute of Australia have called on all levels of government to prevent development in high-risk areas as demand for housing grows...
15 August 2024
A property owner will have her home insurance policy reinstated after the complaints authority overturned her insurer’s decision to deny a claim based on misrepresentation of the house’s condition...
15 August 2024
Registration for Dive In events next month is now open, with the program including presentations from former tennis star Jelena Dokic and the director of TV show You Can’t Ask That...
14 August 2024
The small business ombudsman has proposed a further expansion of the Hazards Insurance Partnership, which was formed to address affordability and disaster resilience issues...
14 August 2024
E-scooter hire companies have been given 30 days to remove their vehicles from the City of Melbourne municipality after the council scrapped them over safety and compliance concerns...
14 August 2024
A boat owner has been denied a payout for his sunken vessel after the dispute authority found his insurer reasonably attributed the loss to excluded causes...
14 August 2024
Increasing concern about sports-related concussion and Zurich's extension of exclusions is one of the main topics of conversation on the latest Insurance News podcast...
13 August 2024
The NSW government plans to revamp its mandatory builders’ warranty insurance scheme, announcing today that industry regulation expert Bronwyn Weir is reviewing the program...
13 August 2024
The federal government should create a permanent general insurance monitor to ensure competition and accountability as “hidden” granular risk pricing affects affordability for lower-income people in disaster-prone areas, the Financial Rights Legal Centre says...
13 August 2024
A former rugby league player has lost his bid for a $1 million insurance payout after a court battle over the extent of his career-ending injury...
13 August 2024
A homeowner whose fire damage claim was denied when his insurer alleged he had stayed at a monastery rather than his house will be covered for his losses following a dispute authority decision...
09 August 2024
QBE says net profit doubled to $US802 million ($1.22 billion) in the first half, and the company also flagged today that a multi-year push to refine the business and exit underperforming areas is reaching a conclusion...
09 August 2024
Home insurance rate rises may have peaked, a Senate inquiry heard today, as the industry explained the challenges of pricing exposures in the face of increased extreme weather events...
09 August 2024
A homeowner who bought flood cover days before his house was inundated will be paid for his losses after his insurer failed to show the damage occurred within an uninsured period...
09 August 2024
Mitsui Sumitomo Insurance has appointed David Hall as head of distribution and says it is looking to engage more with underwriting agencies as “a key pillar of its growth strategy”...
08 August 2024
Reinsurers have avoided a surge in severe convective storm losses after reducing their exposure to frequent secondary perils, S&P Global Ratings says...
08 August 2024
E-bikes and other e-mobility devices powered by lithium-ion batteries must comply with new safety standards from February, the NSW government announced today, as insurers backed the move...
08 August 2024
A car owner who failed to tell his insurer about a criminal conviction for drug possession will have his theft claim assessed after the dispute authority found his misrepresentation did not warrant a policy breach...
08 August 2024
The federal government's flood inquiry is the main topic of conversation on the latest episode of the Insurance News podcast...