Flood costs expose non-insurance
31 July 2007
The insurance cost of storms in NSW and Victoria has topped $800 million, according to the Insurance Council of Australia…
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Premiums unlikely to rise: analysts
31 July 2007
The natural disasters in NSW, Victoria and the UK are unlikely to spur a premium increase in the short term, according to industry analysts…
Premiums continue to fall in market share war
24 July 2007
Insurers are showing no signs of slowing their aggressive pricing, with commercial rates taking another dive in the past six months, according to the latest broker survey…
No insurance on $500 million tank purchase
24 July 2007
Nearly 60 Abrams battle tanks purchased from the US could have been lost at sea without compensation after it was revealed the $500 million contract did not include marine insurance…
AAMI customers safe from hackers
24 July 2007
Hackers who took over AAMI's website on Friday didn't access sensitive customer records or account details, the insurer said yesterday…
Full Warren Tickle field named
24 July 2007
State finalists in the NIBA Warren Tickle Memorial Award for young brokers will undertake a "group project" and learn new personal skills during their judging in Sydney in July…
Lawyers rally against national compensation scheme
24 July 2007
Lawyers opposing the idea of a nationwide workers' compensation scheme say any attempt to nationalise the system will produce a hodge-podge of "lowest common denominator"…
ACCC turns blame on insurers for flood farce
17 July 2007
The insurance industry is to blame for confusion over flood definitions, according to Australian Competition and Consumer Commission Chairman Graeme Samuel…
Insurers ‘ignored Bracks plea’
17 July 2007
Victorian Government pressure to approve claims in the Gippsland region was ignored by the industry, the Insurance Council said last week…
Zurich chief calls it quits
17 July 2007
Anthony Day, Zurich Australia’s GM General Insurance, has resigned from the company and will leave at the end of September…
Training body closes its doors
17 July 2007
The financial services sector’s peak body for education and training has announced its closure due to a lack of funding from the Federal Government…
Former auditor settles HIH case
17 July 2007
HIH creditors have received a boost after liquidator Tony McGrath settled with the company’s former accountants, Arthur Andersen…
Comcare under safety spotlight
17 July 2007
Construction giant John Holland says it will investigate claims worker safety has been compromised on a Queensland site as militant unions attack the Federal Government’s…
NZ insurers in town flood-proofing call
17 July 2007
Insurance cover for New Zealand homes will rise unless councils and the Government take steps to reduce the risk of flood, according to the Insurance Council of NZ…
Car makers steer clear of new vehicle labels
17 July 2007
Australian car insurers are missing out because local car manufacturers are avoiding the take-up of new vehicle identification technology…
Best and brightest recognised
17 July 2007
Across an industry seeking an injection of youthful exuberance, the young guns of insurance are being given their dues…
Storm claims surge
10 July 2007
Storm claims received by IAG have passed the 20,000 mark as the total cost of the flooding in the Hunter and Central Coast regions of NSW continues to climb…
Gippsland floods recede but work continues
10 July 2007
Although the floodwaters in Victoria’s East Gippsland region are slowly receding, the work is taking its toll on the resources of the loss adjusting industry…
Bracks backs flood claimants
10 July 2007
Insurers in Victoria’s flooded Gippsland region are finding themselves caught in a classic political pincer movement, with Premier Steve Bracks accusing them yesterday…
Cyclones: not so bad, after all
10 July 2007
Weather experts have relaxed their cyclone predictions for Australia next summer and now say the country will have a “near-normal” cyclone season…