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Clarity on second BI test case issues not expected this year

1 March 2021

The Insurance Council of Australia’s second test case on business interruption cover may not bring clarity until well into next year given legal timelines and likely appeal processes...

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Hearing dates set for casino group’s BI lawsuit

1 March 2021

The Federal Court has set aside two days of hearings in April for the business interruption lawsuit that The Star Entertainment Group launched last year against Chubb and other insurers...

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Class action letters sent to 750,000 CBA customers

1 March 2021

Slater and Gordon says more than 750,000 people will today receive a Federal Court notice advising they may be eligible to be part of a consumer credit insurance class action against Commonwealth Bank...

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Industry warned of ‘bumpy’ year ahead

1 March 2021

Australia’s property and casualty sector has been warned it faces a “bumpy” year as the industry attempts to address a raft of pressing challenges such as uncertainties stemming from two business interruption test cases...

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In the February/March edition of Insurance News magazine

1 March 2021

While 2020 was a year to forget, 2021 should be the year for finding answers. That’s the theme of the latest edition of Insurance News magazine, which is due to be mailed out later this week...

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Property worth $277 billion faces climate risk in Victoria: CoreLogic

1 March 2021

Almost 9% of households in Victoria are at “very high” risk of climate hazards, with another 8% exposed to high risk – equating to $277 billion of property under threat, CoreLogic says...

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NZ records costliest severe weather year

1 March 2021

New Zealand has experienced its costliest year for severe weather insured losses, with claim payments hitting a record $NZ248 million...

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ICA to host forum to appease frustrations after Halloween hailstorm

1 March 2021

The Insurance Council of Australia will host a community forum in Brisbane’s Springfield Lakes this week as it acknowledges frustration over repair delays following severe hail on October 31...

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