‘Stay or go’ policy under fire at royal commission
25 May 2009
The “stay or go” bushfire response policy came under heavy scrutiny during the second week of hearings at the Victorian Bushfires Royal Commission in Melbourne last week...
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Workplace safety about managing risk, says OAMPS
25 May 2009
Plans for a national occupational health and safety (OHS) system have merit, but uniformity itself won’t keep workers’ compensation premium costs down, according to broker OAMPS...
NSW nails down home warranty insurance
25 May 2009
NSW has added a fourth trigger to strengthen home warranty insurance as the product faces increased scrutiny from a disgruntled public...
Tickle award WA finalist announced
25 May 2009
WA business development manager Murray Johnson has been selected as the state’s finalist in the Warren Tickle Memorial Award for young brokers...
Insurers need to monitor fraud
25 May 2009
The number of motor theft claims is rising and insurers should carefully monitor the spike for signs of fraud, according to a claims management expert...
CGU chief puts the I in ANZIIF
25 May 2009
The industry needs to do more to attract new talent, says new Australian and New Zealand Institute of Insurance and Finance President Duncan West...
Broker wins award named in honour of late mentor
25 May 2009
A young Victorian broker has paid tribute to her late mentor after winning an excellence award named in his honour...
Thieves develop a taste for motor scooters
25 May 2009
Motor scooters are in fashion with thieves, according to the National Motor Vehicle Theft Reduction Council...
Clarification
25 May 2009
In last week’s issue of insuranceNEWS.com.au we quoted an Insurance Council of Australia spokesman saying the council did not have a position on the state taxation issue… “because this is a commercial issue for individual insurers”...
Rises in fire levy rates rile industry
18 May 2009
A dramatic increase in the fire services levy in Victoria and NSW has met with anger from the insurance industry...
Victorian bushfires royal commission hearings begin
18 May 2009
The Victorian Bushfires Royal Commission hearings began last week, and it’s already obvious that warning information was inadequate...
NSW council battles Lehman Bros over insurance
18 May 2009
A NSW local council has won the right to proceed with its attempts to access the insurance policies of US investment bank Lehman Brothers to recoup $29 million that it lost...
Swine flu scare exposes vulnerabilities
18 May 2009
As the World Health Organisation revises up its H1N1 swine flu death toll for Mexico to 72 from 45 and adds Australia’s one reported case to 8480 in 39 countries, mega-broker Marsh...
Unease over proposed FOS terms of reference
18 May 2009
The Financial Ombudsman Service’s proposed new terms of reference has sparked concern among industry leaders, with a “significant number” of submissions received...
SA motorists pay the price for downturn
18 May 2009
South Australian vehicle-owners will pay up to 8.5% more for compulsory third party insurance this year, thanks to the downturn in investment markets...
Budget awards midwives indemnity
18 May 2009
The Federal Government has included subsidised medical indemnity insurance for midwives working in hospitals and private practices in the 2009/10 Budget announced last week...
ANZIIF names its top students
18 May 2009
The Australian and New Zealand Institute of Insurance and Finance has recognised seven of the industry’s best and brightest in its annual Student of the Year Awards...
Premium increases fail to materialise
11 May 2009
Sweeping rate increases being spruiked by local insurers over the past year haven’t happened yet, according to Pacific Premium Funding Chairman Grant Burley...
Swine flu: industry watches and waits
11 May 2009
While the swine flu outbreak has been milder than originally feared when it first emerged late last month, the local insurance industry is continuing to monitor developments closely...
Insurers ponder $215 million Vic emergency services boost
11 May 2009
The Victorian Government’s record $215.5 million budget increase for state emergency services was announced last Tuesday, but the insurance industry is still considering...