‘Lucky escape’ as cyclone misses WA towns
17 February 2025
Insurers do not expect large numbers of claims after Tropical Cyclone Zelia crossed the north WA coast at category 4 on Friday, before weakening to a tropical low...
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In Insurance News magazine this month
17 February 2025
“Could it happen here?” is the question posed on the front page of the latest Insurance News magazine, as we assess the devastating LA fires...
Smash repair industry seeks feedback on revamped code
17 February 2025
Consultation will start next month on proposed changes to the Motor Vehicle Insurance and Repair Industry Code of Conduct...
NZ travellers warned against costly visa mistakes
17 February 2025
The New Zealand insurance ombudsman has warned travellers to be mindful of overseas entry requirements after a rise in disputes concerning missing or incorrect documents...
Climate-driven premium surges ‘drive cost-of-living crisis’
17 February 2025
Insurance, food and energy have accounted for more than one-fifth of consumer price inflation since 2022, according to an Australia Institute report highlighting the connection between climate impacts and living costs...
Bushfire smoke sensors help vineyards avoid sour grapes
17 February 2025
A new smoke sensor could save hundreds of millions of dollars in lost wine production, researchers say...
‘Further river rises’ threaten flood-hit north Queensland
10 February 2025
The Bureau of Meteorology has warned swollen rivers in Queensland’s north may rise to reach major flood levels...
‘Positive development’ for business clients as rates ease further
10 February 2025
Marsh’s latest commercial price monitor shows global rates continued to weaken in the fourth quarter, led by the Australia-Pacific market’s 8% drop...
WA warned cyclone may approach coast this week
10 February 2025
A tropical cyclone is forecast to develop off WA’s northwest coast and head toward the Pilbara region this week, the Bureau of Meteorology has warned...
Code committee issues breach reminder after latest crackdown
10 February 2025
The General Insurance Code Governance Committee has released a guide to identifying and handling significant breaches after two subscribers were penalised in the past eight months...
Peak consumer body ‘on life support’ amid funding woes
10 February 2025
The Consumers’ Federation of Australia has warned it may close if the federal government fails to address its funding in the upcoming budget...
‘Many questions unanswered’: state probes landslide
10 February 2025
The Victorian government is investigating the cause of a landslide on the Mornington Peninsula last month...
NZ homebuyers urged to study up on natural hazards
10 February 2025
Natural Hazards Commission Toka Tu Ake has encouraged New Zealand homebuyers to have “their eyes open about natural hazards” when deciding on purchases...
Code committee names new consumer rep
10 February 2025
The General Insurance Code Governance Committee has appointed Julia Davis as its new consumer representative...
ICA labels north Queensland floods ‘significant’
03 February 2025
The Insurance Council of Australia has declared a significant event for north Queensland areas hit by torrential rain and flooding, with Townsville and Ingham hardest hit...
Code committee defends anonymity for breach insurer
03 February 2025
The insurer has paid $1.2 million in compensation, has completed repairs and claims settling, and has conducted a “comprehensive review” to address systemic claims handling process issues...
‘Multiple’ shots fired at CBN rep’s office
03 February 2025
Gunshots were fired early today at the Sydney office of a Community Broker Network authorised representative, the Steadfast-owned broking group says...
Climate change a threat to education, lifetime earnings
03 February 2025
Australian schools’ resilience to natural hazards should be improved to counter “significant impacts” from climate change on education, future employment and wage outcomes, a Zurich-led report says...
New Actuaries Institute president hails ‘trusted advisers’
03 February 2025
Insurance uses the “power of community” to support people when they are vulnerable and restore losses, Win-Li Toh has told the Actuaries Institute in her first speech as its president...
Canaries inspire NZ volcano research
03 February 2025
A New Zealand volcano expert says a research trip to La Palma in the Canary Islands has produced important lessons about potential eruptions near Auckland...