Power utility makes offer over bushfire
24 October 2011
Landowners in the Victorian regional centre of Horsham who joined a class action against electricity utility Powercor after losing property in the December 2009 bushfires have been offered…
Local
Queensland faces new weather hit: report
24 October 2011
New Bureau of Meteorology data suggests this summer could see another La Nina event develop, leading to higher than average rainfall across northern and eastern Australia…
Low investment returns will harden market, says Swiss Re
24 October 2011
The continuing low interest rate environment will force the insurance market to harden over the next year, Swiss Re Chief Economist Thomas Hess has told insuranceNEWS.com.au…
Insurers ready for bad cyclone season
24 October 2011
Insurers are preparing for another tough cyclone season in northern Australia…
Earthquakes starting to lessen, say scientists
24 October 2011
Scientists have told the Canterbury Earthquakes Royal Commission that the likelihood of further quakes and aftershocks is starting to lessen, but an elevated hazard level will persist past one year…
Weather portal tells Queenslanders to ‘harden up’
24 October 2011
Queensland has taken a typically individualist and colloquial approach to disaster risk management with the launch of a website called Harden Up Queensland…
Ipswich outlines flood mitigation approach
24 October 2011
Ipswich City Council has outlined a number of measures being undertaken to minimise future flood risk…
Court finds earthquake cover reinstates immediately
24 October 2011
The High Court of New Zealand has decided that earthquake cover provided by the government-owned Earthquake Commission does not lessen when a claim is made…
Motor vehicle thefts continue to fall
24 October 2011
New figures from the National Motor Vehicle Theft Reduction Council for the 2010/11 financial year show that the number of vehicles stolen in Australia is continuing to decline…
Older Australians underinsuring their homes
24 October 2011
Older homeowners are underinsuring their properties by an average $131,000, according to new research by Suncorp subsidiary Apia…
Insurers defend their disaster claims-handling
17 October 2011
The industry has defended its claims-handling timeframes during last summer’s flood disasters, telling a parliamentary inquiry processing delays in such circumstances are “inevitable”…
NIBA plans code of conduct review
17 October 2011
The National Insurance Brokers Association plans to review its Code of Conduct during the next six months…
Earthquakes royal commission calls for upgraded buildings
17 October 2011
The Canterbury Earthquakes Royal Commission has recommended that unreinforced masonry buildings around New Zealand be improved as soon as practicable…
Levy will restock EQC coffers
17 October 2011
New Zealand’s Earthquake Commission has been thrown a lifeline to help it meet operating costs…
Christchurch earthquakes: EQC classifies new event
17 October 2011
New Zealand’s Earthquake Commission has classified the October 9 aftershock as a new event for insurance purposes…
Queensland Floods Commission reviews Bundaberg, Maryborough, Gympie
17 October 2011
The Queensland Floods Commission of Inquiry is now in the final stages of its statewide review, with only Brisbane and Ipswich hearings left on the agenda…
NZ counts the cost of earthquakes
17 October 2011
The New Zealand Government has recorded costs of $NZ9.087 billion ($7.07 billion) from the Canterbury earthquakes in its financial statements for the year to June 30…
More players wanted to look after pets
17 October 2011
The limited number of underwriters in the pet insurance market has concerned consumer organisation Choice in its latest report on the sector…
Zuji wins Canstar Cannex award for medical travel insurance
17 October 2011
Online travel agency Zuji has won the annual Canstar Cannex award for Best Medical Travel Insurance Product, beating 41 other brands…
Push to regulate claim timelines
10 October 2011
Insurers lack basic communication skills and claims delays are adding to Queensland flood victims’ anxiety levels and contributing to mental health issues, according to two inquiries…