New General Insurance Ombudsman named
09 November 2009
John Price has been appointed Australia’s General Insurance Ombudsman, stepping into the position at the Financial Ombudsman Service vacated by Sam Parrino in April…
Local
Floods return as survey measures March event
09 November 2009
Floodwaters have returned to the NSW mid-north coast, seven months after the last major flood – and underinsurance is still seen as a major headache for the affected communities…
Search begins for new ICA CEO
09 November 2009
The Insurance Council of Australia has begun the search for a successor to CEO Kerrie Kelly, who will leave the organisation in January…
AAMI targets NRMA Insurance in new ad campaign
09 November 2009
Personal lines brand AAMI is taking aim at IAG-owned competitor NRMA Insurance in an outdoor advertising campaign in NSW…
Vero delivers at IBANZ awards
09 November 2009
Vero is the insurer of choice among NZ brokers after being named Insurer of the Year at the Insurance Brokers Association of New Zealand awards in Auckland last week…
Zurich kicks off climate change training
09 November 2009
Zurich Australia will begin climate change training sessions for general insurance brokers this month…
Aon rejoins IBANZ after three-year absence
09 November 2009
The only major broker to sit the outside Insurance Brokers Association of New Zealand, Aon NZ, has decided to rejoin the organisation…
Insurance News (the magazine) – on the way
09 November 2009
The first issue of Insurance News (the magazine) is now in the hands of Australia Post, so subscribers should expect it to arrive in their mailboxes in the next week…
Victoria to review fire services funding
02 November 2009
The Victorian Government has initiated a review of the funding of state fire services raising insurance industry hopes of long-awaited reform to the insurance tax system…
Climate risk ‘threatens insurance availability’
02 November 2009
Insurance cover will become increasingly scarce unless action is taken to mitigate the effects of climate change, according to Financial Services Minister Chris Bowen…
NSW considers changes to builders’ warranty insurance
02 November 2009
The NSW Government is considering changing the builders’ warranty insurance scheme following the departure of providers Lumley Insurance and CGU…
Governments to consider asbestos contingency plan
02 November 2009
Federal and state governments may be called on to support the Asbestos Injury Compensation Fund amid fears it could soon run out of cash…
Swiss Re outlines climate risk
02 November 2009
Cost-effective public works and intelligent land planning can mitigate climate-related risks facing coastal Australia, according to a Swiss Re expert.…
Marine insurer’s ad ‘exploits asylum-seekers’
02 November 2009
The Advertising Standards Bureau has upheld a complaint about a marine insurance advertisement that it says exploits the plight of asylum seekers…
Men crash more than women: RACV
02 November 2009
Men continue to be the bigger risk behind the wheel – at least in Victoria. RACV Insurance’s latest claims data shows men make more motor insurance claims than women…
Lehman Bros units appeal Federal Court claims ruling
02 November 2009
Lehman Brothers entities have appealed a Federal Court ruling giving local councils the right to pursue the failed investment firm over their investment losses…
Builders launch lawsuit over builders’ warranty cover
26 October 2009
Australian home builders have taken their fight against builders’ warranty insurance to the Supreme Court of Victoria…
Monopoly insurer closer to competition comeback
26 October 2009
The NZ Government has received backing from its coalition partner the ACT Party and from the Maori Party to open its insurance monopoly the Accident Compensation Corporation…
Shady contracts leave architects ‘uninsurable’
26 October 2009
Architects across Australia are being asked to sign contracts that leave them liable for vast costs not covered by professional indemnity insurance…
Qualified satisfaction with vehicle theft milestone
26 October 2009
One million auto thefts is hardly a milestone to celebrate, but the National Motor Vehicle Theft Reduction Council is looking on the bright side as it marks 10 years of operation…