04 July 2016
Legislation that extends the unfair contract terms regime to include small businesses could have a dramatic effect on Australian transport operators, Berkshire Hathaway Specialty Insurance says:
04 July 2016
Profit-motivated car crime is best stopped through regulatory reform, according to the National Motor Vehicle Theft Reduction Council…
04 July 2016
A New Zealand research team has received funding to investigate response times for Aucklanders in the event of a volcanic eruption…
04 July 2016
Eight insurance brands have achieved five-star ratings for handling home contents claims, with five top scoring for private motor, LMI Group’s latest ClaimsComparison report shows…
27 June 2016
There has been a “marked increase” in denied and withdrawn general insurance claims, according to the latest report from the General Insurance Code Governance Committee…
27 June 2016
The way insurance companies report their results can hide the true impact of tough market conditions, according to an underwriting expert…
27 June 2016
Suncorp and QBE have determined that shops damaged by floods in the NSW town of Picton will be fully covered under the storm section of policies…
27 June 2016
National safety measures for flood events must be evaluated and revised, according to a report by the Bushfire and Natural Hazards Co-operative Research Centre…
27 June 2016
The Insurance Council of Australia says no one in the flood-damaged northern Tasmania town of Latrobe has contacted the council’s hotline despite “horror stories” about insurers from some affected residents…
27 June 2016
Mainstream media reports implying insurers may wriggle out of paying claims for coastal damage during the devastating east coast low are wide of the mark, according to industry experts…
27 June 2016
Insurance industry expert Allan Manning has rejected the suggestion that Australia could benefit from adopting natural disaster cover modelled on New Zealand’s Earthquake Commission…
27 June 2016
Chris McRae has resigned from the Financial Ombudsman Service board to eliminate any perceived conflict of interest with his role as an independent adviser to life insurance members…
20 June 2016
Insured losses from the storms that hit Queensland, NSW, Victoria and Tasmania earlier this month have more than tripled over the past week to $235 million…
20 June 2016
Insurers have welcomed the NSW Government’s plans to raise the wall of the Warragamba Dam by 14 metres, which will reduce the flood risk in the populous Hawkesbury-Nepean Valley…
20 June 2016
The Commonwealth Director of Public Prosecutions has lodged an appeal over the “manifestly inadequate” sentence handed down to insurance figure and tax fraudster Charles Pratten…
20 June 2016
One-third of all vehicle thefts in Australia now occur in Victoria, with national figures up 6% in the year to March, according to the latest National Motor Vehicle Theft Reduction Council data…
20 June 2016
Australia-based insurers are among a group of 27 underwriters who have settled a property damage claim of $86 million from miner Mount Gibson Iron, according to Arthur J Gallagher…
20 June 2016
An expert on cyber risk has described Australia’s awareness of the issue as “terrible” and lagging well behind the US…
20 June 2016
New Zealand’s Earthquake Commission has started making payments to 4400 homeowners whose properties have been assessed as having increased liquefaction vulnerability…
20 June 2016
The people taking insurance forward to a less predictable future speak out in the latest edition of Insurance News (the magazine)…