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Cut red tape by cutting misconduct, consumer lobby says
10 November 2025
If insurers want less regulation they should improve their behaviour, a consumer lobby group has said after an industry report showed oversight costs up to $3.5 billion a year...
State insurer ends loss streak as premium climbs
10 November 2025
The Victorian Managed Insurance Authority has turned around three years of losses to report a $118 million operating surplus for 2024-25...
AFCA unable to publish determinations due to ‘system issue’
10 November 2025
The Australian Financial Complaints Authority has confirmed it has not been publishing determinations for more than a month...
ICA sounds alarm on ‘disaster chasers’ after Brisbane storms
10 November 2025
The Insurance Council of Australia has warned homeowners hit by recent storms in southeast Queensland to beware opportunistic “disaster chasers”...
New Zealand shakes up quake building standards
10 November 2025
About 55% of the properties in New Zealand’s earthquake-prone building system will be removed under proposed reforms...
Ombudsman backs insurer in vehicle value row
10 November 2025
A car owner who alleged his insurer did not properly notify him of a 31% drop in his vehicle’s agreed value has lost his bid for a payout increase...
Insurers to revisit Alfred-hit communities
10 November 2025
The Insurance Council of Australia will host more consultation sessions in southeast Queensland for people affected by Ex-Tropical Cyclone Alfred...
IAG warns of weather threats as warming blows through targets
03 November 2025
IAG warns it is “increasingly probable” global warming will exceed 2 degrees above pre-industrial levels, bringing more extreme natural hazards to Australia...
Queensland claims rise as ‘humungous’ hail hits
03 November 2025
Recent severe weather in Queensland has prompted 21,850 claims, the Insurance Council of Australia says...
MGA founder proposes strata commissions limit
03 November 2025
MGA executive chairman and founder John George says sharing of insurance commissions between strata managers and brokers does not need banning, but a percentage limit should be enforced to prevent “gouging”...
Court sends message on crane safety after leg crushed
03 November 2025
A business breached its duty of care to a truck driver by failing a provide a safe system of work, the NSW Supreme Court has found...
Insurer has right to earnings info despite privacy concern
03 November 2025
A claimant has been told to co-operate with an insurer seeking earnings information, to show his bid for crash injury benefits is valid...
Property value tool reveals $5 billion insurance gap
03 November 2025
A property valuation group says it has found underinsurance totalling more than $5 billion since launching a building cover assessment tool a year ago...
Storm claims roll in as bureau website slammed
27 October 2025
Insurers have received more than 3600 claims after strong wind and large hail swept through the Brisbane area last night – and a revamped Bureau of Meteorology website has been criticised for failing to properly track the storm...
‘So much new capital’ as commercial rates continue to ease
27 October 2025
Commercial pricing is poised to moderate further after rates fell for the seventh straight quarter...
SCA NSW says commissions reform is voluntary
27 October 2025
The company supports reform but is concerned about shifting costs to consumers and proposes an alternative approach whereby a fixed fee, paid by insurers and adjusted to the consumer price index, replaces commission-based payments...
Strata cover ‘remains affordable’ while house premiums soar
27 October 2025
Body corporates “collectively gained ground” on insurance affordability as strata premiums rose a “modest” 2.8% to $981 per lot in the year to June, CHU says...
AiBEC experts to offer free work for vulnerable consumers
27 October 2025
The Association of Insurance Building and Engineering Consultants has launched a program for members to provide pro-bono services for vulnerable people...
Flood threat slaps $42 billion disaster penalty on homes
27 October 2025
Homes in flood zones are collectively worth $42.2 billion less than they would be without the risk, the Climate Council and property data group PropTrack have found...
ICA heads back to flood-hit Ingham
27 October 2025
The Insurance Council of Australia will host more consultation sessions in the north Queensland town of Ingham to help customers with flood claims from earlier this year...