Daily
NSW court backs city hotel in nightclub claim fight
14 July 2022
The NSW Supreme Court has ruled in favour of the Civic Hotel in a dispute over a public liability claim declined because the policyholder didn’t identify part of the Sydney venue as a nightclub...
Chubb appoints joint consumer division leaders
14 July 2022
Chubb has announced joint leadership of its Consumer Division covering Australia and New Zealand...
Vintage car owner wins storm damage dispute
14 July 2022
The owner of a 1971 Citroen that suffered storm damage and likely subsequent deterioration in the care of his insurer will receive significant compensation for his losses after winning a claims dispute...
New local Marine Skipper cover launched
14 July 2022
New cover provider Marine Skippers Insurance has this week launched within Australia...
'Don't make mistakes of the past': NSW reviews flood plain use
13 July 2022
Development on flood plains is under review as estimated insurance losses from extreme rain in NSW this month rise to $142 million, and governments extend emergency assistance funding to more than half a million affected residents...
NIBA crowns Queensland broker award winners
13 July 2022
WTW Property and Casualty Account Director Sally Coulton and Thompson Insurance Account Manager William Thompson have won this year’s National Insurance Brokers Association awards for Queensland, recognising excellence in the broking profession...
French bulldog owner loses pre-existing condition dispute
13 July 2022
A pet owner who sought cover for expenses related to a planned surgery has lost their claims dispute...
INsight podcast: code delays, more floods and 'ghost brokers'
13 July 2022
The delay of a crucial section of the Insurance Brokers Code of Practice is discussed in depth on the latest Insurance News podcast...
Trowbridge strata report recommends improved disclosure
12 July 2022
An independent review of strata insurance practices has recommended standard templates and definitions as part of a self-regulatory solution to provide greater transparency around costs and remuneration paid to brokers and strata managers...
Property premiums 'will harden further' after latest floods: Honan
12 July 2022
Broker Honan says property rates in at-risk areas are set for another round of hardening after the latest NSW floods as insurers look to mitigate their exposure...
Gallagher announces latest acquisition
12 July 2022
Gallagher has acquired National Insurance Group, based in Torquay, Victoria...
IAG joins global net-zero insurer alliance
12 July 2022
IAG has signed up to the United Nations convened Net-Zero Insurance Alliance, backed by almost 30 insurers globally which collectively represent 15% of the world’s premium volume...
NIBA crowns WA broker award winners
08 July 2022
FordSure Director Derek Ford and Marsh Managing Principal Selena Piggott have won this year’s National Insurance Brokers Association (NIBA) awards for WA, recognising excellence in the broking profession...
NSW flooding insured losses reach $98 million, ICA estimates
08 July 2022
Insurers have so far received 8415 claims with an estimated insurance loss of $97.9 million related to extreme rain and flooding in NSW this week...
Resilience Insurance launches latent defects cover
08 July 2022
Managing general agent Resilience Insurance says its new latent defects insurance product for high-rise buildings is a “game changer” for the construction industry, which has been affected by widespread reports of failures in design, workmanship and use of inferior materials...
Stolen jewellery cover limited after claims dispute
08 July 2022
Jewellery theft victims who lodged a claim under their home and contents policy have lost a dispute over the level of cover provided for the stolen valuables...
Mecon, Underwriting Agencies of Australia merge
07 July 2022
Steadfast-owned businesses Mecon Insurance and Underwriting Agencies of Australia have merged to form a combined mobile plant, equipment and construction insurance group...
Greenwashing a risk ‘not to be ignored’
07 July 2022
A rise in climate-related litigation in Australia, mirroring trends seen in overseas jurisdictions, has underlined the growing need for insurers to address the emerging challenge facing them and their clients, according to Hicksons Lawyers...
Sunken boat claim covered after fault undetected
07 July 2022
A boat owner whose vessel partially sank due to an unidentified fault will have the damage covered after winning a claims dispute...
Changing times: podcast discusses developing SME risks
07 July 2022
The fourth and concluding episode of a special podcast series focused on this year’s Vero SME Index report examines developing risks and some of the challenges businesses are facing in a changing landscape...