Market share concerns
17 October 2006
The financial services industry is buzzing with merger and acquisition talk – particularly the Suncorp offer to Promina – but it remains to be seen if the corporate watchdog…
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NIBA Code of Practice launched
17 October 2006
The Insurance Brokers Code of Practice was also launched at the NIBA Convention on Sunday by Parliamentary Secretary to the Treasurer Chris Pearce…
Excellence gets its reward
17 October 2006
QBE Australia has won NIBA’s General Insurer of the Year title for the fifth consecutive year…
Insurers note it’s getting hotter
10 October 2006
It seems to come a little earlier every year. Victorian and NSW bushfire authorities were hard at work last week as hot and dry conditions sparked the first flames…
Deadline for HIH help
10 October 2006
Policyholders who may be eligible for assistance under the HIH Claims Support Scheme through the late application gateway have until November 17 to submit their applications…
CGU and AMP in court again
10 October 2006
Early next year the High Court will hear the three-year-old court battle between AMP and CGU over a $6 million insurance claim…
James Hardie breather short-lived
10 October 2006
The NSW Government has given giant manufacturer James Hardie an extra month to finalise a funding agreement for the company’s asbestos claims…
Brokers to focus on the big picture
10 October 2006
This year’s NIBA Convention, which will be held at the Gold Coast from Saturday to next Tuesday, will deal with issues affecting the industry and how it can explore new opportunities…
Insurers want policyholder protection plan diluted
03 October 2006
The Council of Financial Regulators wants the cap on payments under a proposed policyholder protection scheme reduced to $20,000 from the $50,000 originally proposed…
State work safety plan stymied
03 October 2006
Federal Workplace Relations Minister Kevin Andrews isn’t falling over himself to support a Victorian proposal to open up the worksites of companies covered by the Federal…
NSW WorkCover catches up
03 October 2006
After much scrimping and saving, the NSW workers’ compensation scheme is back in the black…
Victoria increases fire services levy…again
03 October 2006
The industry might be campaigning heavily against insurance taxes, but the Victorian Government isn’t listening…
Bushfires make early start
26 September 2006
The continuing drought, warmer than average September temperatures and gale force winds have spurred a wave of bushfires across the Sydney basin…
Uninsured farmers hit by frost
26 September 2006
Most of the fruit crops in the Goulburn Valley region of Victoria which have been devastated by a severe frost aren’t insured…
AAMI moves into SME market
26 September 2006
Adelaide-based Australian Better Business Insurance – part of the Promina Group – has rebranded to AAMI Business Insurance…
IBANZ elects new President
26 September 2006
The peak body supporting NZ brokers, the Insurance Brokers Association of New Zealand, has appointed a new President…
Date set for FICS hearing
26 September 2006
The Federal Court has set November 2 as the date for a hearing into the ability of the Financial Industry Complaints Service to deal with Westpoint-related complaints…
RIBA appoints new EO
26 September 2006
The Victorian-based Regional Insurance Brokers Association has appointed Bill Friend to the role of Executive Officer…
CTP profits OK
26 September 2006
A NSW parliamentary committee says motor insurers are charging appropriate premiums for compulsory third party cover, dismissing arguments that they have made unduly high profits…
Hardie shareholders approve pay rise
26 September 2006
James Hardie shareholders voted to approve pay rises for its board last night at its AGM in Amsterdam…