Insurers take a positive line on flooded Mackay
18 February 2008
As Mackay cleans up after last week's freak downpour, insurers are showing signs of taking an open attitude to claims…
Local
Zurich won’t bend to industry on flood: Smith
18 February 2008
The insurance industry's failure to tackle flood cover is "ridiculous" and exposes a lack of leadership, Zurich CEO David Smith says…
Insurers sign on to Iemma’s taskforce
18 February 2008
Insurers are falling into line with NSW Premier Morris Iemma's tough stance on repairs to western Sydney homes damaged in a December 6 hailstorm…
Too much regulation, not enough talent ‘holding Australia back’
18 February 2008
Australia's financial services sector is in danger of falling behind other countries in the region, says IAG Head of Government and International Relations Nola Watson…
Iemma threatens to “name and shame” insurers
11 February 2008
NSW Premier Morris Iemma has given insurers until today to avoid a “name and shame” campaign from the State Government…
Industry on back foot over repairs
11 February 2008
As Premier Iemma appoints a recovery expert and beefs up emergency services for western Sydney residents still living under tarpaulins, one thing is obvious…
Rate hike threatens insurance demand
11 February 2008
Rising interest rates threaten to slash demand for personal lines insurance as householders try to meet spiralling mortgage payments…
Oz liability rates bottom of class
11 February 2008
Australian liability rates are the lowest in the world, a Marsh survey reveals…
Rates to continue downward plunge
11 February 2008
Premiums in commercial lines will continue to fall this year, according to a snap poll of industry analysts conducted by insuranceNEWS.com.au…
Brokers told to accept some blame
11 February 2008
Brokers must bear a share of the responsibility for falling rates, says retiring Underwriting Agencies Council Chairman Murray Rogash…
QBE, Beaconsfield continue mine payment stoush
11 February 2008
Beaconsfield Gold and insurer QBE will contest a $45.5 million payout in the Court of Appeal, two years on from the Tasmanian mine collapse that sparked the claim…
Bumper repair bills for small cars
11 February 2008
IAG is calling on car manufacturers to improve bumper bar design after crash tests revealed high repair costs even at low speeds…
West takes over at CGU
04 February 2008
Former Vero CEO Duncan West has returned to the upper ranks of the insurance industry as CEO of IAG's commercial arm, CGU Insurance…
Zurich covers flood, but it’s strictly business
04 February 2008
Business insurance policies will automatically include protection against flooding under a change announced by Zurich Australia…
Hail-struck Sydney counts the cost
04 February 2008
The cost of Sydney’s December hailstorms is approaching $400 million…
... and so do Suncorp and IAG
04 February 2008
The Sydney hailstorms have impacted on the bottom lines of major insurers Suncorp and IAG…
Norman to leave Associated Marine
04 February 2008
Associated Marine Insurers MD Adrian Norman will leave the company at the end of this month, with National Marketing Manager Stephen Ford taking over…
HIH’s Ray Williams gets out of jail
04 February 2008
HIH Insurance founder Ray Williams has been released from jail, expressing regret for the $5.3 billion collapse of the insurance giant in 2001…
New insurance protects Australian leadfoots
04 February 2008
In an Australian first, National Underwriting Agencies subsidiary Ezy Insure has claimed an Australian "first" with a new policy covering drivers for alternative transport…
New members on NIBA board
04 February 2008
Victorian insurance broker Graham Stevens has been appointed to the board of NIBA following its AGM in December…