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ICA second test case set to conclude this week

13 September 2021

The Insurance Council of Australia second business interruption test case is set to conclude this week after hearing arguments relating to disease and prevention of access wordings and how any losses should be calculated if a policy is triggered...

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Theatres file $20 million BI court action against Ansvar

13 September 2021

Theatres that rank amongst Melbourne’s most iconic venues have filed Victorian Supreme Court action against Ansvar Insurance seeking cover for pandemic business interruption losses totalling more than $20 million...

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Broker Co-op names directors

13 September 2021

Independent cluster group Broker Co-op has completed its registration and named its first board of directors...

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Strata report reveals scale of tax burden

13 September 2021

More than a quarter of strata premiums went to government taxes such as GST and stamp duties, according to a report commissioned by peak body Strata Community Association...

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ICA seeks border action as disaster season looms

13 September 2021

Australia’s governments need to put arrangements in place ahead of summer to allow the insurance sector to respond to natural disasters around the country, with current border restrictions hindering movement, the industry has warned...

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NZ July storm insured losses top $117 million

13 September 2021

Insured losses from storms that left a raft of damage across much of New Zealand in July have reached at least $NZ122 million...

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