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Insurers ‘fall short on climate change’

02 November 2015

The World Wildlife Fund has criticised insurers IAG, QBE and Suncorp for not meeting international benchmarks for disclosure about the impact of global warming and for failing to advocate stronger action on climate change…

NSW council hopes flood mapping cuts premiums

02 November 2015

Port Stephens Council in NSW says its new floodplain policy and mapping should help reduce unnecessarily high flood insurance premiums paid by some residents…

Bushfire outlook worsens

26 October 2015

The Bushfire and Natural Hazards Co-operative Research Centre is preparing to update its outlook for southern Australia as conditions continue to deteriorate…

General insurance disputes rise

26 October 2015

The number of disputes lodged with the Financial Ombudsman Service increased 1% to 31,895 last financial year…

June storms cost NZ insurers $46 million

26 October 2015

Extensive flooding on the lower North Island and the west coast of the South Island in June cost insurers $NZ50 million, bringing the year’s disaster total to $NZ113 million, according to the Insurance Council of New Zealand…

Entsch slams ‘misleading, disruptive’ ICA

19 October 2015

Federal backbencher Warren Entsch has fired another broadside at the insurance industry, accusing it of ignoring the “insurance crisis in northern Australia”…

Majors in no rush to join comparison sites

19 October 2015

With the exception of the health sector, major insurers are unlikely to jump on the comparison website bandwagon any time soon, according to analysts…

El Nino has an upside

19 October 2015

While the El Nino weather effect is expected to increase the incidence of drought and bushfires in Australia this summer, it may have one positive effect – by lowering the number of tropical cyclones crossing the coast…

Roundtable renews push for disaster mitigation

19 October 2015

The Australian Business Roundtable for Disaster Resilience & Safer Communities has again called on the country to invest more in mitigation before what is expected to be a severe bushfire season…

Quarry cleared over deadly Grantham floods

19 October 2015

The sheer magnitude of rainfall, not man-made features, caused the floods in the Lockyer Valley in southeast Queensland that killed 12 people and destroyed more than 50 homes, a commission of inquiry has found…