09 June 2009
While insurers continue to count the cost of heavy rain in south-east Queensland and northern NSW, “flood versus storm” claims disputes are flaring further south on the NSW mid-north coast following the deluge in late March...
09 June 2009
Insurance sector salaries have mostly stabilised, but careers are continuing to flourish in Australia despite the global financial turmoil, according to specialist recruitment firm Hays...
09 June 2009
The Tasmanian Government’s Prices Oversight Commission has recommended an increase in compulsory third party motor insurance premiums – the first in five years...
09 June 2009
Recovery work following the Victorian bushfires is more than two months ahead of schedule, with more than 2000 properties now cleared of debris...
09 June 2009
New Zealand motorists are soon to lose the right to talk and even text from their mobile phones while driving...
09 June 2009
As Australians look to save wherever they can, pet owners are reacting to high medical bills by buying insurance for their household animals...
01 June 2009
Insurers will probably cover the cost of most water-damaged properties in south-east Queensland and northern NSW with claims forecast to meet existing terms for storm cover...
01 June 2009
Local councils that invested millions with Lehman Brothers Australia will receive between 2-13 cents in the dollar for losses they incurred after creditors last week agreed to...
01 June 2009
Police records have revealed most victims of the Black Saturday bushfires died inside homes and buildings, casting further doubt on the option to “stay and defend...”
01 June 2009
The Financial Ombudsman Service says soaring numbers of complaints have boosted its workforce by about 25% to just over 200 in the past nine months...
01 June 2009
Tougher market conditions, increasing natural catastrophes and the global financial crisis are affecting insurers’ earnings, according to IAG CEO Mike Wilkins...
01 June 2009
The Insurance Council of Australia has appointed former federal Attorney-General’s Department Secretary Robert Cornall to independently review the General Insurance Code of Practice...
01 June 2009
A crime syndicate targeting cargo at Melbourne docks is slipping under the radar of marine insurers, according to a local newspaper – but the local market’s largest marine insurer...
25 May 2009
QBE Australia CEO Terry Ibbotson has confirmed the insurance giant is ready to pounce on any major local acquisition provided it fits the company’s strict acquisition criteria...
25 May 2009
Victoria’s opposition National Party has pledged to review the state’s fire services levy (FSL) and implement a fairer system that if it is elected to government next year...
25 May 2009
Insurers are maintaining a “case-by-case” policy on whether last week’s heavy downpours in south-east Queensland and northern NSW constitute flood or storm damage, and the enormity of the affected area is keeping them busy dealing with claims...
25 May 2009
Just days after a NSW local council won the rights to view Lehman Brothers’ insurance policies in its bid to recoup $29 million of lost monies, the investment bank has appealed the decision...
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...
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...
25 May 2009
NSW has added a fourth trigger to strengthen home warranty insurance as the product faces increased scrutiny from a disgruntled public...