25 March 2024
Home policyholders with Suncorp and NRMA Insurance will be offered premium discounts if they use a federally funded bushfire resilience app to reduce their property’s risk exposure...
25 March 2024
A fitness centre in Melbourne’s eastern suburbs has failed to convince the Australian Financial Complaints Authority that its business interruption claim should be covered, after arguing that “a clear and unbroken chain of causation” linked local covid outbreaks to wider closure orders...
25 March 2024
Finance and insurance SMEs have a better grasp of artificial intelligence and are more open to using the technology than other industries, a NAB business insights survey has found...
25 March 2024
Former Tropical Cyclone Megan has brought heavy rainfall and flooding to the NT after crossing the Gulf of Carpentaria coastline last Monday at category three intensity...
25 March 2024
The Insurance Council of New Zealand will provide more detailed reporting relating to external dispute resolution to increase transparency for policyholders...
25 March 2024
Improvement in risks associated with politics, water stress and fire have moved Australia up two notches on the annual FM Global Resilience Index...
18 March 2024
The National Insurance Brokers Association has appointed Richard Klipin as CEO, effective May 27 as Phil Kewin departs the role...
18 March 2024
Broker WTW expects Australian construction premium rates to ease further as insurers shift their focus away from portfolio remediation and towards growth...
18 March 2024
The Australian Financial Complaints Authority identified and investigated 111 possible systemic issues in the second half of last year, leading to more than $40 million in remediation to more than 139,000 consumers...
18 March 2024
Severe Tropical Cyclone Megan has formed in the Gulf of Carpentaria and is likely to cross the NT coastline later today, the Bureau of Meteorology says...
18 March 2024
New Zealand consumers have been warned about their duty of care following an insurance dispute over a vehicle that was lost to the sea while being driven on a beach...
18 March 2024
Queenslanders have been urged to start preparing for the next bushfire season after a wet summer brought significant vegetation growth...
11 March 2024
Insurers in Australia worry most about cyber crime, followed by regulation and climate change, according to a biennial survey by consultancy PwC...
11 March 2024
Premium growth in Australia is predicted to moderate to about 6% this year after posting double-digit rises following the 2022 floods, S&P Global Ratings says...
11 March 2024
Sentiment towards insurance is shifting, with more businesses keen to insure every risk despite grappling with economic pressures, the annual Vero SME Insurance Index has found...
11 March 2024
Modelling points to neutral climate driver conditions by May, with neither El Nino nor La Nina influencing weather patterns...
11 March 2024
The Insurance Council of Australia will hold a second round of consultations for Queensland communities affected by Tropical Cyclone Jasper and the Christmas and New Year floods...
04 March 2024
More than 120 insurance industry companies that employ 100 or more staff have revealed for the first time the disparity between what they pay men and women...
04 March 2024
An Australian Financial Complaints Authority decision on a covid business interruption dispute has shut the door on many claims and is likely to lead to more legal action, a lawyer says...
04 March 2024
Artificial Intelligence can help insurers enter markets such as large-scale cyber that lack lengthy loss histories, according to a new report from Global Insurance Law Connect...