Daily
Covid travel disruption ‘still very much a problem’
21 June 2023
Southern Cross Travel Insurance says covid is still frequently disrupting travel plans and showing up in hundreds of its claims, making up 11% of all payouts across Australia and New Zealand...
Inclusion festival to ‘unlock innovation’
21 June 2023
This year’s Dive In diversity and inclusion festival, to be held September 26-28 worldwide, will focus on the theme Unlocking Innovation: The Power of Inclusion...
Insurer not required to pay more after 'revalued' caravan washed away
21 June 2023
A complainant whose caravan was washed away by floodwaters has lost a challenge to increase his insurance payout above the agreed value on his policy...
NRMA Insurance hit by NSW hail motor claims
20 June 2023
Severe weather caused 36% of NRMA Insurance autumn home claims nationally, though Queensland had its quietest autumn for wild weather damage in more than six years...
Lismore releases plan to prepare for more frequent and worse floods
20 June 2023
Lismore City Council has outlined plans to prevent inappropriate development and to introduce stronger flood protection rules in new buildings as part of changes to take account of rising risks from more severe weather events...
Burglary claim denied after insurer discovers misrepresentation
20 June 2023
A burglary victim who sought cover has lost her claims dispute after she failed to inform her insurer of a previously declined claim...
‘We are back’: PassportCard resumes travel insurance sales
20 June 2023
PassportCard Australia has resumed travel insurance sales after months of preparations to restart operations here...
Suncorp pledges $25 million for Queensland as part of bank deal
16 June 2023
Suncorp has outlined a $25 million jobs and investment package, which includes developing a disaster response centre in Brisbane, as part of bank sale commitments agreed with the Queensland Government...
Arteva appoints Chief Commercial Officer
16 June 2023
Elise Pedersen has been appointed Chief Commercial Officer at Arteva Funding, replacing Brisbane-based Bob Dodd who will transition to the role of Commercial Director to focus on expansion and business development...
Weeded out: insurer entitled to deny cannabis lab claim
16 June 2023
A property owner who sought payment after tenants turned his home into a cannabis lab has lost his claim dispute...
Tech firm puts case for statutory public liability scheme
16 June 2023
Consulting and technology firm Xceedance has suggested Australia should consider introducing a statutory scheme for public liability insurance given difficulties faced by many organisations in gaining affordable and suitable cover...
ICA welcomes ‘historic’ buybacks offer
15 June 2023
The Insurance Council of Australia has welcomed the Northern Rivers Reconstruction Corporation’s offer to buy back more than 1000 Northern NSW homes facing significant risk from flooding...
Strata report highlights insurance growth potential
15 June 2023
Strata-titled properties have an estimated insured value of $1.3 trillion, which is set to rise as the proportion of residents living in townhouses, apartments and units continues to grow, according to a new report...
Arctic, AI: Swiss Re flags emerging global risks
15 June 2023
Swiss Re’s annual Sonar report flags a “multi-faceted” emerging risk landscape with issues ranging from geopolitical tensions over access to the Arctic to a dangerous reliance on artificial intelligence...
El Nino could cut insurance losses: Aon
15 June 2023
Australia may be entering a more inactive natural catastrophe period and face lower industry losses in the years ahead as climate patterns transition from La Nina to El Nino, Aon says...
IAG tracks toward full-year guidance, NZ challenging
14 June 2023
IAG says the business is “trending towards” its reported insurance margin guidance for this financial year as double-digit pricing increases in the second half drive expected gross written premium growth of around 10%...
Insurance hit by ‘entrenched skills recession’: Hays
14 June 2023
Insurance takes seventh place in the list of Australia’s professions most impacted by skills shortages, according to a survey of employers by recruiter Hays...
'Why is it relevant?' Driver loses claims dispute after disclosure breach
14 June 2023
A complainant who failed to inform her insurer about numerous driving infringements has lost her appeal to overturn claim denials relating to the theft of two vehicles...
Claims payout from failed Victorian builder tops $3 million
14 June 2023
The Victorian Managed Insurance Authority has paid out $3 million in claims lodged by clients of Porter Davis, following the sudden collapse of the Melbourne-based residential home builder in March...
Commissions stay, but Government holds back on other advice review proposals
13 June 2023
The Federal Government has finally responded to the Quality of Advice Review recommendations, agreeing general and life insurance commissions will stay but holding back on other key proposals including expanding the definition of personal advice until it has consulted with stakeholders...