19 June 2017
The Insurance Council of Australia will hold community forums in cyclone and flood-exposed parts of north Queensland next month to improve understanding of premiums and policies amid criticism of the industry…
19 June 2017
Why did the NSW Government execute an embarrassing backflip on the transfer of its emergency services funding levy from insurance customers to all property owners on May 30? And perhaps more importantly, what are the chances of the reform ever seeing the light of day?…
13 June 2017
NSW insurance brokers have slammed the State Government’s shock U-turn on emergency services levy reform, saying confusion reigns among clients and staff…
13 June 2017
Cyclone Debbie exposed a range of building failures, including risks from garden shed debris and damage from wind-driven rain entering homes, the Cyclone Testing Station at James Cook University says…
13 June 2017
Australia and other nations need to start countering the emerging threat of cyber terrorism, according to a global broker’s US-based expert…
13 June 2017
Stricter building codes introduced after Cyclone Tracy in 1974 play a partially effective role in saving lives when major storms strike, according to a study funded by the Bushfire and Natural Hazards Co-operative Research Centre…
13 June 2017
Australia is playing catch-up on disaster mitigation, with the recent federal budget representing the latest lost opportunity to raise spending, Suncorp CFO Steve Johnston says…
13 June 2017
The development of an El Nino weather system has paused but there remains a 50% chance that threshold levels could be reached this year, according to the Bureau of Meteorology…
05 June 2017
Australian insurers fear cyber risk more than their global counterparts do, indicating there is still much to be done in terms of mitigation, according to the head of insurance at PricewaterhouseCoopers…
05 June 2017
The Travelodge Hotel in Melbourne’s Docklands is working to replace non-compliant cladding discovered on the exterior of its building…
05 June 2017
SME businesses that use technology such as social media, mobile apps or search engine optimisation have higher confidence in their business outlook, according to a Suncorp report…
05 June 2017
Shareholder class actions are increasingly common in Australia, making it imperative that companies are sufficiently covered by directors and officers’ liability policies, according to XL Catlin and law firm Wotton + Kearney…
05 June 2017
A group of aggrieved residents whose homes are riddled with defects have launched a class action lawsuit against the Victorian Building Authority…
05 June 2017
Australia’s car crime capital, Victoria, has recorded an 8% decline in thefts in the four months to April 30 following a police and court crackdown on the state’s worst offenders…
05 June 2017
Action must be taken to reduce and manage flood risk, Floodplain Management Australia President Ian Dinham says…
29 May 2017
Insurers and reinsurers made a combined net profit of $2.6 billion in the year to March 31, the Australian Prudential Regulation Authority says…
29 May 2017
Nearly half the faulty Infinity electrical cabling installed in homes and buildings across Australia and subject to a national recall is yet to be fixed, leaving thousands of people at risk of electrocution or fire…
29 May 2017
S&P Global is pessimistic about the Australian mortgage insurance industry’s premium prospects due to regulatory actions amid rising housing market risks…
29 May 2017
The mastermind behind an elaborate scam to cheat the NSW compulsory third party scheme has been jailed for at least three years as the state steps up its crackdown on fraudulent claims…
29 May 2017
New technologies such as cognitive and personality analysis can help insurers more accurately profile mental health claimants and better handle claims, a KPMG research paper says…