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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…

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…

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…

KPMG challenges Westpoint settlement

24 May 2010

Accounting firm KPMG has launched a High Court challenge of the corporate regulator’s powers to avoid paying compensation to investors of failed property group Westpoint…

NZ life premiums to rise due to Budget

24 May 2010

New Zealand tax changes will drive life premiums beyond rises already being implemented by insurers, the Investment Savings and Insurance Association has warned…

Insurance tax reform ‘up to the states’

17 May 2010

The Federal Government has abdicated responsibility for insurance tax reform to the state governments, despite conceding that stamp duty and the fire services levy are inefficient taxes…

Broker hands over all its business

17 May 2010

A legal dispute between two Brisbane insurance brokerages has been settled, with one of the parties agreeing to close and transfer all its business to its rival…

Australian storm claims continue to mount

17 May 2010

Insured losses continue to rise more than two months after catastrophic storms battered Melbourne and Perth at a combined cost of more than $1.85 billion…

NZ to offer leaky home compensation

17 May 2010

The NZ Government will today reveal a new compensation package to be offered to homeowners hit by the country’s $NZ11.3 billion ($9 billion) leaky home crisis…