Insurance left off climate roundtable
18 October 2010
The insurance industry has been left off the Federal Government’s new business roundtable to discuss climate change policies…
Local
QBE makes it nine in a row
18 October 2010
QBE has won the National Insurance Brokers Association’s General Insurer of the Year award for the ninth consecutive year…
Industry needs to sell itself better, says Snowball
18 October 2010
The insurance industry needs to ensure its value and social contribution is better understood by government and the community, according to Suncorp CEO Patrick Snowball…
First-hand experiences change climate views
18 October 2010
The severe storms that affected many parts of Australia earlier this year have influenced brokers’ views on climate change, according to a new survey…
Car theft not child’s play
18 October 2010
Australia’s peak body on vehicle theft reduction says an increase in the number of car immobilisers, a shift in youth culture and increased awareness has led to a reduction in vehicle-related crimes…
Toodyay fire victims get compensation
18 October 2010
The WA Government and electricity utility Western Power will fund a $10 million assistance package for victims of last December’s Toodyay bushfires…
Industry meets as NZ aftershocks rumble on
18 October 2010
The NZ insurance industry is banding together to deal with the aftermath of the Christchurch earthquake, even as aftershocks continue to rattle the city…
Locust threat continues to build
18 October 2010
Swarms of locusts are now predicted to form in northern NSW this month, according to the latest Australian Plague Locust Commission bulletin…
Inquiry avoids call for builders’ warranty overhaul
11 October 2010
A parliamentary inquiry into Victoria’s builders’ warranty insurance scheme has concluded that while it needs adjustments, the controversial scheme is nevertheless an effective consumer protection…
Premiums to rise after quake, says IAG NZ
11 October 2010
IAG NZ will increase premiums after receiving 7000 claims from Christchurch earthquake victims, including one claim worth $NZ55 million ($42 million)…
ICA comes out against multi-peril crop cover
11 October 2010
The Insurance Council of Australia says multi-peril crop insurance would only be viable with significant government subsidies…
Insurance sector weaker, says survey
11 October 2010
The finance and insurance sector has further weakened during September, according to the latest “performance of services” survey by the Australian Industry Group and Commonwealth Bank…
Queensland insurers hold fire on CTP price cuts
11 October 2010
Insurers have baulked at the Queensland Government’s attempts to force reductions in the price of compulsory third party insurance…
Fraud hotline launched
11 October 2010
A new phone service is encouraging Australians to report suspected insurance fraud…
GFC takes a bite out of earnings
11 October 2010
The global financial crisis took a big hunk out of the NZ finance and insurance sectors last year, with total income slumping 7.5% – or more than $NZ6 billion ($4.63 billion)…
In Insurance News (the magazine) this month
11 October 2010
Victoria’s surprise decision to drop the fire services levy puts pressure on NSW to follow suit…
Farmers push for crop insurance changes
04 October 2010
Australian farmers are pushing to include all input costs and expand the number of risks covered in crop insurance…
Victorian Government helps pay for flood damage
04 October 2010
The Victorian State Government will be giving $10.4 million package to businesses, councils and tourism operators that were affected by last month’s floods…
WA’s March storm claims still being settled
04 October 2010
A shortage of tradesmen in Perth means WA insurers are still trying to get on top of repairs resulting from March’s hailstorm…
Banks reach deal on quake payouts
04 October 2010
A new agreement has been thrashed out between banks and the NZ Government to allow Earthquake Commission (EQC) claims over $100,000 for mortgaged homes to be dealt with speedily…