Local
14 April 2025
A Labor election pledge to guarantee low-deposit loans for all first home buyers could make the lenders’ mortgage insurance market unviable and expose taxpayers to billions of dollars in losses in a housing downturn, the Insurance Council of Australia warns...
14 April 2025
Allianz says 84% of Australian homeowners do not perform home maintenance checks often enough, even as damage from burst pipes cost $864 million in the past two years...
14 April 2025
Researchers are using radar technology to examine the seismic history of New Zealand’s only “supervolcano”...
14 April 2025
A tropical low that is forecast to reach cyclone strength off the WA coastline is expected to remain offshore and travel west as it intensifies...
14 April 2025
Most jet ski riders are “committed to safety” and follow guidelines and responsible boating practices, Club Marine says...
14 April 2025
The Insurance Council of Australia and Fire and Rescue NSW are discussing a partnership in which insurers would provide wrecked vehicles to help with emergency worker training...
07 April 2025
The General Insurance Code Governance Committee says a fall in the number of breaches of key obligations suggests “signs of improvement” in compliance frameworks...
07 April 2025
Insurers, communities and policymakers will be “flying blind” without greater climate data and modelling, particularly at a granular level, experts warn...
07 April 2025
More than 95,000 claims have been lodged following Ex-Tropical Cyclone Alfred, with the loss total nearing $1 billion, according to the latest Insurance Council of Australia figures...
07 April 2025
Strata owner and consumer groups have urged the NSW government to press ahead with the removal of strata manager insurance commissions...
07 April 2025
The insured value of strata properties in Australia has reached an estimated $1.4 trillion, an industry report says...
07 April 2025
Insurers have backed Coalition plans to ease regulatory costs, invest in apprenticeships and change the prudential regulator’s capital settings for loans backed by lenders’ mortgage insurance...
31 March 2025
Prime Minister Anthony Albanese has called a federal election for May 3, and the Insurance Council of Australia says it is focused on advocating for “meaningful investment in mitigation”...
31 March 2025
General insurance intermediaries issued premium invoices totalling $22.3 billion in the six months to December, the Australian Prudential Regulation Authority says...
31 March 2025
Cyclone Dianne crossed WA’s Kimberley coast early on Saturday, bringing heavy rain and flash flooding...
31 March 2025
A new Australian standard for water damage restoration will advance national claims handling consistency, work quality and consumer protection, an industry professional says...
31 March 2025
The Insurance Council of Australia will host a community consultation and information session in the Victorian town of Casterton on Wednesday...
31 March 2025
The Consumer Action Law Centre wants the next government to press the insurance industry over recommendations made by the parliamentary inquiry into the 2022 floods...
31 March 2025
Association of Insurance Building & Engineering Consultants chair Deniz Bekir says the group has “exciting projects” lined up to lift the quality of expert reports used by insurers...
31 March 2025
Experts have warned the wording of current road rules risks creating legal loopholes around self-driving vehicles...