Newcastle ship salvage begins
13 June 2007
NSW-based salvage company United Salvage is mounting the salvage operation on the 40,000-tonne coal carrier Pasha Bulker stranded on Nobbys Beach near Newcastle…
Local
Insurance salaries up
13 June 2007
Salary increases in the insurance sector are moving ahead of inflation but trail their counterparts in banking and accounting, according to a national survey…
ACCC approves smash repair guide
13 June 2007
The consumer watchdog has authorised the Motor Trades Association of Australia to promote a “real times” guide…
Broker pioneer awarded Order of Australia
13 June 2007
Insurance broking and financial planning pioneer Gwen Fletcher has been recognised in the Queen’s Birthday Honours List with her appointment as a member…
Truck accident causes identified
13 June 2007
Fatigue and inappropriate speed for the prevailing conditions caused more than half of serious truck accidents recorded by truck insurer National Transport Insurance during 2005…
Engineers fear PI rate hike
13 June 2007
Five years after the professional indemnity market crisis, cover for engineering firms remains a thorny issue amid fears that premiums will rise…
FSL backdown ‘victory for common sense’
05 June 2007
The Victorian Government’s fire services levy on insurance premiums may remain, but the industry has scored a small victory in its battle against the controversial tax…
Scrap insurance taxes: Costello
05 June 2007
Federal Treasurer Peter Costello has taken a swipe at the economic credibility of Labor state governments, calling on them to dump taxes on insurance products…
IOS sets up medical indemnity panel
05 June 2007
The Insurance Ombudsman Service has amended its terms of reference to establish a medical indemnity panel to deal with all medical indemnity disputes involving medical practitioners…
Insurers gripe over excessive regulation
05 June 2007
Executives and directors in the global insurance industry are rebelling against excessive regulation, and Australian companies are also anxious about a forthcoming round of mergers…
… and risk management poses concern
05 June 2007
Australian organisations have concerns related to managing operational risk, according to a Deloitte survey on risk management practices…
Medical indemnity merger complete
29 May 2007
A Federal Court ruling has cleared the way for the merger of United Medical Protection and the Medical Defence Association of Victoria…
Building permits may be invalid
29 May 2007
Thousands of property owners in Victoria may have been issued with invalid building permits, rendering their assets uninsurable and their homes illegally occupied…
National car theft down
29 May 2007
Vehicle thefts have fallen for the ninth consecutive quarter, and more than 70% of stolen cars are being recovered…
Vero sponsors young professional award
29 May 2007
Vero has been announced as the major sponsor of the redesigned NIBA Young Professional of the Year Award…
Industry slams CTP ‘cure’ for street racing
29 May 2007
The New Zealand Government is pushing to introduce compulsory third party insurance in a bid to stop reckless driving, but the insurance industry has slammed the plans…
Take AIMS: Austbrokers and IBNA to unify brands
22 May 2007
Cluster groups IBNA and Austbrokers have formed a joint company, Austbrokers & IBNA Member Services…
Suncorp’s ‘green slip’ challenge to IAG
22 May 2007
IAG has lost ground in the NSW compulsory third party insurance sector as Suncorp’s twin brands AAMI and GIO inch closer to its chief rival…
DOFI ‘devil in the detail’
22 May 2007
The Underwriting Agencies Council has cautiously welcomed the Federal Government’s proposals on how it will regulate direct offshore foreign insurers…
Workers’ comp relief for WA
22 May 2007
Workers’ compensation premiums in WA will fall by an average 12.7% from next month…