… but hit the ground running in Victoria
23 February 2009
Loss adjusters are spread very thin at the moment as they struggle to cope with a spate of natural disasters across Australia...
Local
ICA puts a number on Victorian bushfire losses
23 February 2009
Insured losses from the Victorian bushfires currently stand at $790 million based on figures from ICA...
Insurer stays, and supports tougher building rules
23 February 2009
CGU says it will continue to offer insurance in areas of Victoria affected by the recent bushfires...
Small firms get government bushfire aid
23 February 2009
A $25,000 “restoration grant” for uninsured owners of small businesses and farms directly affected by the Victorian bushfires really isn’t like an insurance payout...
Fury at cancelled backburns in NSW bushfire zones
23 February 2009
The insurance industry and firefighters have expressed their concern about a massive backlog of burn-offs planned for NSW bushfire zones in the wake of the massive devastation...
Restricted access prolongs bushfire tally task
16 February 2009
As the death toll climbs toward and almost certainly well beyond 200, difficulty in accessing properties affected by the Victorian bushfires is holding claims technicians back...
Industry rises to the bushfire claims challenge
16 February 2009
Insurance companies will work together to ease the burden and ensure bushfire victims get their claims processed as quickly as possible...
Analysts predict heavy losses from Vic bushfires
16 February 2009
Analysts are predicting large losses for insurers from the Victorian bushfires, and say it could lead to further premium increases for people living in bushfire-prone areas...
Power firm faces class action
16 February 2009
Electricity provider SP Ausnet and the Victorian Government face class action lawsuits in the wake of the bushfires that devastated Kinglake and neighbouring communities...
House fire insurance fraud on the rise in NZ
16 February 2009
There are signs insurance fraud is increasing as the financial crisis hits home, according to the Insurance Council of New Zealand...
Worst to come, says analyst report
16 February 2009
The global financial crisis is the worst experts have seen and worse is yet to come, according to a local actuary’s report examining the effect on the industry...
Home warranty insurers busy as building firms fold
16 February 2009
Home warranty insurers in NSW were kept busy last week as a series of builders went into liquidation leaving more than 40 new homes uncompleted...
Fatigue and speeding key to major truck accidents
16 February 2009
Driver fatigue and speeding are the major causes of truck accidents in Australia, an investigation by National Transport Insurance has revealed...
Suncorp ventures get the nod from Choice survey
16 February 2009
Suncorp has cleaned up a car insurance survey undertaken by consumer organisation Choice, with Suncorp companies or joint ventures taking out the top four spots...
ICA offers $50,000 resilience prize
16 February 2009
ICA is seeking innovative ideas that individuals, businesses or communities have developed to withstand extreme weather events...
Victoria considers CTP rate cuts
16 February 2009
Compulsory third party insurance rates appear to be headed lower in Victoria – but not in a hurry...
Insurance & Risk Professional rolls off the press
16 February 2009
New NIBA President Steve Lardner, economist Matt Drennan and a large cast of industry leaders feature in the February/March edition of Insurance & Risk Professional...
WEDNESDAY UPDATE: Bushfires - industry waiting
11 February 2009
As the death toll from Victoria’s bushfires continues to rise amid warnings it could exceed 300, insurance companies and loss adjusters are still waiting to access the affected areas...
TUESDAY UPDATE: Insurers rally in wake of bushfires
10 February 2009
Insurers have mounted a quick response in the wake of the devastating Victorian bushfires, providing affected policyholders with easy access to vital goods and cash...
Victorian brokers brace for bushfire aftermath
09 February 2009
Brokers in country Victoria face a tough week in the aftermath of the devastating bushfires that have killed more than 108 people...