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…
Local
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…
Brigades fire up over non-insurance
10 July 2007
Victoria’s fire services have joined their insurance industry donors in advertising – quite literally – for greater awareness of non-insurance…
NZ twister costs spiral
10 July 2007
Tornadoes that touched down in the NZ North Island province of Taranaki and the east coast cities of Auckland and Tauranga last week could be the country’s most costly…
Unions challenge Comcare
10 July 2007
A union-backed action against the Federal Government’s national workers’ compensation scheme could prevent private sector operators switching from state-run schemes…
… while public servants lose travel cover
10 July 2007
The Federal Government has stripped entitlements for Commonwealth public servants in moves aimed to save $20 million in workers’ compensation arrangements…
ANZIIF award finalists announced
10 July 2007
The Australian and New Zealand Institute of Insurance and Finance has announced the finalists for its 2007 awards…
NSW flood cost beats Larry
03 July 2007
The Queen’s Birthday weekend floods in NSW are now Australia’s third most expensive natural disaster on record, after the 1999 Sydney hailstorms and the 1989 Newcastle earthquake…
Gippsland floods recede, losses to come
03 July 2007
Floods in Victoria’s Gippsland region have begun to recede, but rescue workers in some areas are still waiting for water levels to fall…
Queensland studies hoon immobilisers
03 July 2007
Queensland police will undertake a study into new car-immobilisation technology that could help reduce the number of lives lost on Australian roads – and still help a hoon get home…
Aspiring MP claims insurers rorting system
03 July 2007
Allegations of insurer-driven rorts in the Victorian smash repair industry have been refuted by major local insurer CGU…
Storm claims reach $350 million
26 June 2007
Widespread flooding in the NSW Hunter and Central Coast regions this month has produced more than $350 million in claims so far, according to the Insurance Council of Australia…
DOFI and DMF bill to be debated
26 June 2007
Legislation on how direct offshore foreign insurers and discretionary mutual funds will be regulated by the prudential regulator has been introduced into Federal Parliament…
Legal fraternity limbers up for DOFI showdown
26 June 2007
The Law Council of Australia and a lobby group representing the nine national law firms in Australia are each preparing submissions on the regulation of DOFIs this week…
Aussie brokers more vital than ever
26 June 2007
Australian insurance brokers are bucking global trends and increasing their share of the market’s distribution network each year…
Insurers must innovate to stay ahead
26 June 2007
Australian insurers will have to be more innovative to boost revenue and market share given the soft market, says Deloitte’s annual Global Insurance Industry report…
Big law firms to fight DOFI regulation
19 June 2007
A lobby group representing the nine national law firms in Australia is gearing up to fight moves by the Federal Government to regulate direct offshore foreign insurers…