Fodera found guilty
11 April 2007
Former HIH CFO Dominic Fodera has been found guilty on charges stemming from the release of a 1998 prospectus that omitted key information about its underwriter…
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Claims compo scheme details expected soon
11 April 2007
The HIH Royal Commission findings were handed down more than five years ago, and finally the insurance industry is close to finding out what the Council of Financial Regulators…
Duncan West departs as Suncorp takes over
03 April 2007
Suncorp-Metway has revealed its post-takeover management team following its $7.9 billion takeover with Promina…
More flock to ‘narrowed’ Comcare
03 April 2007
Last week’s High Court decision to allow large employers to ditch state and territory workers’ compensation schemes and self-insure under the Federal Government’s Comcare…
Lawyers renew push for national PI
03 April 2007
Australia’s peak law body is reviving its campaign for a national professional indemnity scheme after large firms threatened to withdraw from state law councils…
Make me an offer, online
03 April 2007
More consumers are going online for insurance quotes as internet sales cut into the market share of phone sales…
Apartments get terrorism cover
03 April 2007
People in apartments are now able to insure against the risk of a plane being hijacked by terrorists and crashing into their building…
Report lacks climate change detail: actuaries
03 April 2007
Climate change, particularly its impact on future generations, needs further study, the nation’s actuaries have warned…
Awards to highlight industry professionalism
03 April 2007
The Australian and New Zealand Institute of Insurance and Finance has opened nominations for the 2007 insurance industry awards across 12 categories…
NZ flood claims reach $10 million
03 April 2007
Insured losses from flooding in New Zealand’s far north and Whangarei regions could reach $NZ10 million ($8.8 million), with thousands of claims already received by insurers…
States lose Comcare case
27 March 2007
Australian states no longer have a monopoly over compulsory workers’ compensation insurance…
Cyclone Larry claims to exceed $500 million
27 March 2007
Claims by residents and businesses hit by Cyclone Larry last year are expected to climb above $500 million, and the overall cost is projected to exceed $1 billion…
Lawyers’ tort reform bid fails
27 March 2007
A hard-fought campaign to wind back tort reform in NSW won major political support last week – but the last-minute backing by the luckless state opposition on the eve…
Premium funding deal was a surprise
27 March 2007
None of the four premium funders that make up the Steadfast broker cluster group’s panel were aware that Steadfast was negotiating with Macquarie Bank to set up a joint venture…
ANZIIF publishes some good value
27 March 2007
It’s no “Insurance for Dummies”, but a new book published by the Australian and New Zealand Institute of Insurance and Finance hopes to take some of the guesswork out of…
Steadfast reveals plan to float
20 March 2007
Broker cluster group Steadfast has unveiled a strategy that will see the group transform over the next few years into a public company…
JV decision defended
20 March 2007
The decision to form a joint venture premium funder with Macquarie Bank has angered Grant Burley, MD of market leader Pacific Premium Funding…
States set to fight Comcare changes
20 March 2007
NSW and Victoria have vowed to fight changes to federally administered Comcare workers’ compensation…
Keep the client on top, says NIBA chief
20 March 2007
Meeting client expectations remains an essential link in the insurance delivery chain, says NIBA CEO Noel Pettersen…
Insurance fraud countered
20 March 2007
An insurance fraud tool that has been used by 15 of the top 20 insurers in the US since 1994 may have application in the Australian market…