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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…

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…

QBE contests $45 million claim

22 May 2007

The difference between extracting gold and extracting money from an insurer has become painfully clear to Tasmanian miner Beaconsfield Gold…

Regulation top of risk list

22 May 2007

Corporate governance remains the top risk concern for Australian and NZ companies, according to a trans-Tasman survey of risk attitudes…