Car thefts and break-ins rise
12 June 2012
Car thefts and break-ins rose slightly last year, Australian Bureau of Statistics figures show…
Local
Modest claims expected from NZ snowstorms
12 June 2012
Snowstorms in New Zealand last week cut power to thousands of homes and caused cancellations to flights in and out of Christchurch…
Victorians ‘reducing cover because of FSL’
04 June 2012
Victorian brokers are reporting commercial clients reducing their insurance as a result of the higher fire services levy charge…
Online note helps explain FSL issue
04 June 2012
A briefing note explaining the fire services levy issue in Victoria and providing tables to calculate likely impacts on premiums is now available online…
$96 million boost for NSW SES – but what about the insurance levy?
04 June 2012
The NSW Government’s decision to allocate $96 million for the State Emergency Service in the upcoming Budget doesn’t necessarily mean the SES levy on insurance premiums will be dropped…
General insurers bounce back
04 June 2012
General insurers have recorded much stronger net profits for the March quarter compared to the corresponding quarter last year…
ICA to tackle organised insurance fraud
04 June 2012
The Insurance Council of Australia’s Insurance Fraud Bureau is set to move to the next stage of its development with a plan to tackle organised insurance fraud…
Choice calls for more government action on mitigation
04 June 2012
Consumer watchdog Choice has called on local, state and federal governments to do more to improve planning and infrastructure in the face of rising home and contents premiums…
Millions lack access to basic insurance products
04 June 2012
Nearly 3 million Australians don’t have access to basic financial services including general insurance, according to a new study…
Website could save NZ insurers money
04 June 2012
The Insurance Council of New Zealand has welcomed a new website that could help insurers save money by recovering stolen goods…
Lenders’ mortgage insurers face ratings downgrade
04 June 2012
Moody’s Investors Service has put lenders’ mortgage insurers on review for a possible downgrade…
FSL introduction may be delayed
28 May 2012
Insurers and brokers are speculating that the Victorian Government may extend the fire services levy cut-off date past July 1 next year…
IAG sets new risk priorities following summit
28 May 2012
IAG has begun a new three to five-year program aimed at reducing some of the key risks faced by communities across Australia…
Australian businesses keen to understand risk maturity
28 May 2012
Aon says it is “impressed” with the number of Australian companies wanting to have their risk maturity assessed as part of the company’s global risk maturity index project…
Suncorp hits back at insurance ‘myths’
28 May 2012
Suncorp Commercial Insurance CEO Anthony Day has attacked three commonly believed public attitudes that he says are damaging the insurance industry’s reputation…
ICA snipes at unions’ WorkCover ads
28 May 2012
A UnionsNSW advertising campaign misleads the public about insurers’ role in the NSW WorkCover scheme, according to the Insurance Council of Australia…
NSW reviews vehicle repairs
28 May 2012
Motor insurers are examining plans to consolidate two NSW laws that regulate the sale and repair of vehicles in the state…
Suncorp provides model for national injury schemes
28 May 2012
Suncorp says the way it manages personal injury claims could provide valuable lessons for the Federal Government’s new disability care and traumatic injury insurance schemes…
Insurers rated by NZ crash repairers
28 May 2012
Insurer Medical Assurance has ranked best for the second consecutive year in the New Zealand Collision Repair Association’s annual survey…
Massive tax black hole looms after Victoria bungles FSL transition
21 May 2012
Concern is growing among insurers that they may be left to fund a massive shortfall in the Victorian fire services levy in 2012/13 after the State Government failed to ensure a smooth transition…