Underwriters beyond the blues: report
01 May 2007
Insurance industry workers are among the most depressed people in the workforce, with one in 10 underwriters reporting moderate or severe depression, according to a national survey…
Local
HIH civil action seeks $65 million in claims
01 May 2007
Former HIH director Rodney Adler will face new legal action from nearly 3000 former shareholders who say the jailed entrepreneur dudded them into buying HIH shares…
Non-insurance prevalent in Perth market blaze
01 May 2007
An iconic Perth market levelled by fire on Anzac Day has left hundreds of uninsured store owners facing an uncertain future…
NZ fire services levy ‘outrage’
24 April 2007
The New Zealand insurance industry has come out swinging against a Government proposal to collect the fire services levy, as well as funding for rescue services…
Non-insurance under review
24 April 2007
The Insurance Council of Australia is seeking answers on why so many people in Australia forgo home and contents cover…
NZ business urged to help on climate change
24 April 2007
Governments cannot be expected to “fix” climate change, NZ Minister for Climate Change David Parker says, and business and communities are vital partners in adopting sustainable…
ANZIIF trains Vietnam professionals
24 April 2007
The Australian and New Zealand Institute of Insurance and Finance has begun a contract with the Vietnam Ministry of Finance to set up a technical education and training centre…
Insurance Ombudsman reappoints panel
24 April 2007
The three panel members of the Insurance Ombudsman Service have been reappointed on three-year terms as the service announces the creation of a second panel…
Livestock broking leader dies
24 April 2007
Bob Logan, the founder of leading livestock insurance agency Logan Financial Services, has died suddenly…
IBNA members agree to Austbrokers alliance
17 April 2007
Members of major broker cluster group IBNA have approved an alliance with rival broker network Austbrokers…
Smash repairs not so ‘funny’
17 April 2007
Another set of guidelines for the smash repair industry has been released, recommending the abandonment of “funny time, funny money”…
Coastal homes face climate risk
17 April 2007
Homeowners in coastal regions of Australia and New Zealand will suffer a big decline in property values if insurers withdraw cover to minimise exposure to climate change…
Legal protection for good deeds mooted
17 April 2007
Queensland’s “good Samaritans” could be given legal protection to lend aid in emergency situations under amendments proposed by state Opposition Leader Jeff Seeney…
ICA supports arson conviction rewards
17 April 2007
The Insurance Council of Australia will continue to administer and support the Arson Reward Scheme in conjunction with federal and state police…
Clean bill of health for doctors’ PI premiums
17 April 2007
Medical indemnity premiums are down for the third straight year, with the ACCC finding prices at Australia’s six providers to be generally and actuarially justified…
Commission ad ruled misleading
17 April 2007
A TV commercial by the NZ Government-owned Accident Compensation Corporation telling viewers “you’re covered” has been deemed misleading…
Insurers outshine banks
17 April 2007
Insurance companies in Australia are outperforming big banks in creating wealth for shareholders, reversing a trend in other mature markets…
DOFI tax payment doubt
11 April 2007
Stamp duty levies for direct offshore foreign insurers have exposed regulatory inconsistencies, according to IAG CRO and Group Actuary Tony Coleman…
Industry posts healthy results
11 April 2007
The Australian insurance industry underwriting result for the 12 months to December 31 last year was $3.6 billion, an increase of 25.1% on the previous year, according to…
Allianz queries DMF exemptions
11 April 2007
As the insurance industry eagerly awaits the Federal Treasury position on how DOFIs will be regulated, the question of how discretionary mutual funds will be treated is also in limbo…