HIH tax cut revives Henry hopes
15 June 2010
The abolition of a key NSW Government insurance tax has raised hopes other levies may also be up for review…
Local
General insurance profits improved in ’09
15 June 2010
General insurance sector profitability bounced back from the lows of 2008 to top $3.086 billion last year…
Commissions banned on Queensland CTP cover
15 June 2010
Suncorp is confident it can continue to make money from compulsory third party motor cover in Queensland following a reduction in premiums…
Private midwife insurance ‘expensive and unfair’
15 June 2010
The Federal Government’s professional indemnity insurance for privately practising midwives has come under fire for being too expensive and excluding women…
Former insurance leaders honoured
15 June 2010
Former IAG CEO Mike Hawker leads a triumvirate of former insurance executives taking out top honours in the Queen’s Birthday Honours list for 2010…
Innovation ‘could hit broker commissions’
07 June 2010
Brokers have been warned that increasing automation in commercial insurance and the introduction of innovations like comparative quoting could lead to lower commissions and greater opportunities…
Rates easing, says Marsh
07 June 2010
Rising profitability and surplus capacity are combining to ease the pressure on premium rates, according to leading broker Marsh…
Insurers on the ground in Bay of Plenty
07 June 2010
Heavy rains last week battered NZ’s Bay of Plenty region, causing damage to more than 160 homes and businesses…
Queensland flood challenge continues to mount
07 June 2010
A lawyer acting for Queensland flood victims whose claims have been denied has signed up around 60 policyholders to challenge the findings…
Budget Direct wins personal lines award
07 June 2010
Direct personal lines insurer Budget Direct has taken out Money magazine’s “Insurer of the Year” award…
Suncorp stands firm on comparison site lockout
31 May 2010
Suncorp will sustain “strenuous resistance” to aggregator websites despite conceding it’s fighting a losing battle over increasing commoditisation of personal insurance…
QBE and Calliden prop up WA warranty scheme
31 May 2010
QBE and Calliden will ensure the maintenance of the privatised builders’ warranty insurance scheme in WA…
ANZIIF seminar feeds commission debate
31 May 2010
Steadfast Group Chairman Robert Kelly says any ban on broker commissions by the Federal Government could compromise consumer choice…
Eruption is a pre-existing condition. says travel insurer
31 May 2010
Travellers purchasing insurance since the eruption of the volcano in Iceland will not have disruptions to their travel due to this event covered under their policies, an insurer has warned…
Survey reveals insurance buyers don’t shop around
31 May 2010
A survey by online car insurer Progressive Direct has revealed Australian insurance buyers are reluctant to shop around for cheaper cover…
Insurer pinpoints Sydney merging hotspots
31 May 2010
New research shows that accidents involving vehicles merging into other traffic lanes in metropolitan and greater Sydney have increased by 11% over the past three years…
In Insurance News (the magazine) this month
31 May 2010
The risk insurance sector is embracing new technologies at an increasing pace, although not with universal support…
Government sets sights on insurance commissions
24 May 2010
The ban on “conflicted remuneration structures” for retail investment products now has the potential to extend to risk insurance, under a new Federal Government initiative…
Bushfire inquiry lawyers slam policy, leadership
24 May 2010
Lawyers assisting the Victorian Bushfires Royal Commission have slammed police, fire authorities and official policy in new submissions to be lodged with the inquiry this week…
Queensland flood victims case rock solid, says lawyer
24 May 2010
A lawyer acting for Queensland flood victims whose claims have been denied has described the case against their insurers as “rock solid”…