ICA holds last-minute talks on key facts sheets
27 October 2014
The Insurance Council of Australia is still liaising with the Federal Government on key fact sheets, which must be provided to home and contents policyholders from November 9…
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Insurers keep their cool amid Ebola crisis
27 October 2014
Despite a second Ebola scare in Queensland today, the Australian insurance industry is holding its nerve…
IAG launches ‘recovery action’ over Blue Mountains bushfire
27 October 2014
IAG will pursue recovery action on behalf of policyholders who lost their homes or suffered property damage in last year’s Blue Mountains bushfires…
Government launches travel insurance guide
27 October 2014
The Federal Government and consumer group Choice have released a guide to travel insurance that emphasises the importance of obtaining appropriate cover before heading overseas…
ICA backs smash repairers in information fight
27 October 2014
The Insurance Council of Australia has backed independent smash repairers’ right to technical information, as the issue descends into a motor industry war of words…
Canterbury quake court actions start to tail off
27 October 2014
The number of earthquake-related cases reaching New Zealand’s High Court has fallen…
Insurer funds massive cyclone study
20 October 2014
The James Cook University Cyclone Testing Station in Townsville will examine 24,000 insurance claims to identify ways of improving the resilience of north Queensland housing…
Marsh adds more lost clients to case against ex-manager
20 October 2014
Marsh now alleges it lost 13 clients after former SA manager of strategic risk Noel Vickery left the company and joined Arthur J Gallagher…
Met bureau predicts soft cyclone season
20 October 2014
The Bureau of Meteorology has forecast a below-average tropical cyclone season, thanks to El Nino-like conditions in the Pacific…
Critical council missing from flood database: ICA
20 October 2014
The Insurance Council of Australia says it is working with Bundaberg Regional Council to ensure disaster mitigation work is reflected in residents’ premiums…
Fraudulent broker Herbert jailed
20 October 2014
New Zealand broker Grant Herbert has been sentenced to four-and-a-half years in jail for theft and paying secret commissions…
Broker ‘would inform clients’ of tax office demand
20 October 2014
Marsh says it will tell clients if information on their assets is handed to the Australian Taxation Office…
Suncorp echoes call for mitigation emphasis
20 October 2014
Suncorp says its own research supports the findings of the Productivity Commission’s draft report on natural disaster funding…
FSL surplus to aid consumer projects
20 October 2014
A portion of the $23.4 million recovered from 56 insurance companies that overcollected Victoria’s final fire services levy will be used to help the state’s most disadvantaged consumers…
Claims-handling drives rise in code breaches
20 October 2014
Insurers committed 21 “significant” breaches of the General Insurance Code of Practice last financial year, according to the Code Compliance Committee…
Electronic data system poses threat to car crime
20 October 2014
Australia is a step closer to launching a fully automated online database of written-off vehicles, aimed at disrupting the illegal market for laundered cars and trucks…
ATO targets insurers’ wealthy clients
13 October 2014
The Australian Taxation Office has demanded insurers hand over information about high net worth clients, insuranceNEWS.com.au can reveal…
Insurers need to look beyond comfort zone: Aon
13 October 2014
The industry must find ways to cover emerging risks, Aon Australia CEO Lambros Lambrou says…
Medical insurer merger fails
13 October 2014
Members of Perth-based MDA National have voted against a merger with the Medical Defence Association of SA…
Growth ambitions ‘require new technology’
13 October 2014
Insurers must upgrade technology to “bridge the digital divide”, according to a new report from financial services provider State Street…