Another large earthquake rocks NZ
19 August 2013
Homes and roads were damaged after a 6.5-magnitude earthquake hit New Zealand on Friday, with more aftershocks expected…
Local
ICA reaction to code review ‘a disappointment’
12 August 2013
The industry response to a key recommendation in the General Insurance Code of Practice review is a “major disappointment”, a consumer group says…
Insurers’ claims performance to be rated
12 August 2013
Insurance expert Allan Manning is developing a new service to provide the industry and public with ratings for insurers’ claims performance…
WA budgets for builders’ warranty subsidy
12 August 2013
The WA Government has budgeted to subsidise builders’ warranty insurance by $1.2 million this financial year as it works through proposals to change the scheme…
SUV sales soar, but joyriders steer clear
12 August 2013
Sports utility vehicles may be a popular choice for Australian families, but short-term thieves do not seem so keen…
WA insurance taxation to rise 7%
12 August 2013
The WA Government will earn $592.9 million from insurance taxes this financial year, up 7% on 2012/13:
In Insurance News (the magazine) this month
12 August 2013
The insurance centre of London is our focus in the latest edition of Insurance News (the magazine), due to hit subscribers’ mailboxes this week…
Don’t lose focus on code recommendations, says advocate
05 August 2013
Recommended changes to the General Insurance Code of Practice should not be overshadowed by a debate on an independent governance framework, a leading consumer advocate warned today…
Insurers embrace conciliation
05 August 2013
The insurance industry is increasingly using conciliation to settle complaints to the Financial Ombudsman Service…
Bushfire complacency ‘must be tackled’
05 August 2013
Projects to improve bushfire awareness and safety remain unfinished as the Victorian community returns to complacency, according to the Bushfires Royal Commission Implementation Monitor Neil Comrie…
EQC prepares to count cost of Wellington quakes
05 August 2013
Assessment of damage from the Cook Strait earthquakes will begin in two weeks, according to New Zealand’s Earthquake Commission…
Dishonest conduct scuppers NZ broker’s PI claim
05 August 2013
IAG will not have to pay an insurance broker’s professional indemnity claim after the New Zealand Court of Appeal ruled the policy does not cover dishonest conduct…
Court tells Allianz to pay in flood dispute
29 July 2013
Allianz has been ordered to pay a disputed claim from a business that was hit by the 2011 Queensland floods, in a decision that could have consequences for other insurers…
General insurance disputes down, says FOS
29 July 2013
The Financial Ombudsman Service received fewer general insurance disputes in the June quarter, with all cases down 8% on the corresponding period last year…
Tailor products to low-income earners, insurers urged
29 July 2013
Insurance for people on low incomes must be better targeted to their needs, according to a report released today by community group Good Shepherd Microfinance…
EQC receives 2000 claims after Wellington quake
29 July 2013
New Zealand’s Earthquake Commission has received 2101 claims arising from the series of quakes that shook Wellington a week ago…
Privacy amendment may spark rush for cyber cover
29 July 2013
A proposed change to the Privacy Act will force businesses to notify affected clients and relevant regulators if personal information is leaked – thus raising the risks posed by cyber attacks and accidental breaches…
Queensland floods prompt fewer disputes
29 July 2013
The Financial Ombudsman Service has received just 17 disputes after this year’s Queensland floods, compared with 1419 after the 2010/11 event…
Brokers, actuaries condemn self-education cap
29 July 2013
Plans for a $2000 cap on self-education tax deductions are a backward step that undermines Australia’s ambition to have a highly trained workforce, brokers and actuaries warn…
Fight against car theft to focus on parts trade
29 July 2013
Preventing vehicle thefts that meet the rising demand for parts and scrap metal is a key aim of the National Motor Vehicle Theft Reduction Council’s 2013-2016 strategic plan…