05 September 2011
Regional Victorian brokers are calling on the State Government to justify its decision to raise the fire services levy on insurance by 30% amid growing fears it will go back on its pre-election pledge to…
05 September 2011
The Insurance Council of Australia says while more than half of the Queensland flood and Cyclone Yasi claims have been settled, it could take another 12 months to finalise the rest…
05 September 2011
Claims in the Australian general insurance industry leapt to $35.9 billion for the year to June 30, up from $23.6 billion in the previous year, the Australian Prudential Regulation Authority’s quarterly…
05 September 2011
The New Zealand Earthquake Commission will bear a higher proportion of claims from the Canterbury earthquakes after the country’s High Court ruled the EQC must cover households for every…
05 September 2011
New Zealand Earthquake Recovery Minister Gerry Brownlee will lead a delegation to the annual Reinsurance Rendezvous in Monaco this month to argue his country’s case for insurance…
05 September 2011
Australian insurers are still facing a spike in the number of major fraud cases appearing before the courts, despite fraudsters increasing their focus on the investment sector, according to a KPMG study…
05 September 2011
Insurance Council of New Zealand President John Lyon says the industry has responded well to the Canterbury earthquakes…
29 August 2011
Supermarket giant Woolworths has followed rival retailer Coles into the insurance market in a new partnership with Swiss Re and Hollard Insurance…
29 August 2011
Insurers need to develop liability lines that meet the concerns of local businesses, the Australian Professional Indemnity Group national conference has been told…
29 August 2011
The rising cost of reinsurance could begin to put upwards pressure on primary casualty rates, particularly where the reinsurance program is linked to property, an industry conference has been…
29 August 2011
Continuing aftershocks in the Canterbury region are preventing insurers from taking on new risk and causing delays to rebuilding work…
29 August 2011
A Cairns broker denies a recent court case is linked to his decision to sell his business to Far North Insurance Brokers…
29 August 2011
Medical Insurance Group Australia is calling for clarification over whether private midwives accompanying their patients to public hospitals are considered to be providing a continuation of care…
29 August 2011
Truck insurance specialist underwriter National Transport Insurance has appointed a new advisory board to assist its accident research centre in finding practical road safety solutions…
29 August 2011
An article in the Newsmakers section of the August/September edition of Insurance News (the magazine) said two Centro directors found guilty in a prosecution under the Corporations Act…
22 August 2011
The Victorian Government’s fire services levy on rural and regional property insurance has risen 30%, with country brokers warning the rise comes on top of significant increases in farm and home…
22 August 2011
Queenslanders have been offered anonymity in a bid to get them to speak out about their experiences with insurers during this year’s floods, as part of the second stage of the Queensland Floods…
22 August 2011
Victorians need to stop being complacent and take notice of risk factors associated with their homes and businesses, according to an expert panel on natural disasters…
22 August 2011
The New Zealand Government will offer to buy about 1000 properties in the Canterbury township of Kaiapoi, around one in five homes, after finding the land underneath them cannot be remediated…
22 August 2011
More than 40% of Christchurch businesses have told a survey that their insurers’ responses to earthquake claims have been either “poor” or “very poor”…