01 May 2024
The Australian Reinsurance Pool Corporation says a “computer crime” exclusion has left a gap in the nation’s government-backed terrorism cover as the risk of a devastating attack rises...
01 May 2024
Agile’s new Lloyd’s syndicate has started underwriting business in the Australian and New Zealand markets...
01 May 2024
A complainant who failed to disclose a history of traffic offences has lost his bid to overturn a claim denial and had his insurance cancelled following a complaints authority ruling...
01 May 2024
The latest Marsh commercial index is the main topic of debate on this week's Insurance News podcast, as rates fell for the first time since 2016...
30 April 2024
The Subsonic music festival has lost a battle over cancellation cover for its 2019 event in NSW after the Federal Court found bushfires were not the cause and a policy exclusion applied...
30 April 2024
A strong line-up of speakers including building defects specialist Bronwyn Weir, industry consultant John Trowbridge and NSW Strata Commissioner John Minns has been confirmed for Insurance News’ half-day strata seminar on May 30...
30 April 2024
A company will not be covered for crash damage to a Lamborghini sports car after its insurer argued it did not disclose the driver’s regular vehicle usage due to his history of traffic offences...
30 April 2024
The Insurance Council of Australia has encouraged Victoria to mirror schemes in NSW and Queensland in which governments buy back homes facing the highest flood risk...
26 April 2024
The Australian Financial Complaints Authority has backed proposals to introduce more standard definitions for natural disasters, arguing it will help consumers compare products and cut complaints...
26 April 2024
A lack of certified repairers is leading to electric vehicles being written off with only minor damage rather than fixed, industry experts say...
26 April 2024
Apartment blocks in northern Queensland will have access to $60 million in federal and state funding for resilience measures, in a program similar to one already aiding houses...
26 April 2024
A company that claimed for damage caused by a landslip following a storm has won its bid to overturn its insurer’s application of a policy exclusion...
24 April 2024
Australian commercial premium rates have declined for the first time since 2016, falling 2% in the first quarter, according to Marsh’s latest Global Insurance Market Index, released today...
24 April 2024
A woman who was awarded more than $1.5 million in damages after slipping on a driveway at an open house inspection has had her compensation upheld in an appeal court...
24 April 2024
An Australian Financial Complaints Authority panel has backed an insurer’s decision to decline a business’ claim for damage to a Ferrari 448 that was crashed by a company director’s son...
24 April 2024
The insurance impact of the fatal stabbings at Sydney’s Bondi Junction Westfield is the main topic of discussion on the latest Insurance News podcast...
23 April 2024
Former broker Renato De Maria today pleaded not guilty to charges he issued inflated insurance premium invoices to corporate customers and misused millions of dollars held in trust accounts...
23 April 2024
Global broker Gallagher says Prasidium Credit Insurance has joined the business, enhancing its trade credit insurance expertise in the Australian market...
23 April 2024
Insurers have given diverse views to a parliamentary committee hearing on whether the cyclone reinsurance pool should cover flooding related to events beyond a current 48-hour limit...
23 April 2024
An insured who sought cover under his home and contents policy for damage to his non-driveable car has lost a dispute over his insurer’s decision to reject the claim...