Market softens, but insurers more disciplined
12 September 2006
Increased competition is beginning to have an effect on underwriting profit. But despite a softening of the market, the industry is more disciplined than it was five years ago…
Local
Canberra ill-prepared for bushfires
12 September 2006
Canberra’s fire services are no better prepared for an eventful bushfire season than they were during the 2003 bushfire disaster, according to insiders…
QBE wins insurance group of the decade
12 September 2006
QBE isn’t just the Australian general insurer of the year, as judged by NIBA brokers. It has now been named the “insurance group of the decade…"
NSW tweaks workers’ compensation
12 September 2006
The NSW Government plans to amend workers’ compensation laws to ensure injured workers cannot be fired for making a claim…
IAG fined for misleading customers
05 September 2006
Having caused a stir in the Australian auto repair industry with its web-based Care & Repair system, IAG is in hot water across the Tasman…
Rate cutting may affect tort reform, says Vero
05 September 2006
Insurers which reduce public liability premiums to maintain market share risk winding back the benefits of tort reform, according to Vero Insurance risk management chief Paul Muir…
The big issues confronting brokers
05 September 2006
The biggest issue facing Australian insurance brokers is a skills shortage, according to a Zurich Australia survey…
Total replacement for all AAMI home policies
05 September 2006
AAMI is offering all customers total replacement cover for their home building policies…
ICA appointment news due soon
05 September 2006
The Insurance Council of Australia is expected to finalise details at the end of this week for people to head up its new policy directorates…
Wellington gas crisis leads to claims
05 September 2006
A gas shortage that has been affecting Wellington for the past week is likely to result in a number of claims mostly from restaurants and hotels…
Trowbridge gains actuary award
05 September 2006
The Institute of Actuaries of Australia has named new regulatory chief John Trowbridge as Actuary of the Year…
Clayton Utz voted among the best
05 September 2006
National law firm Clayton Utz has won two annual awards voted by readers of international insurance publication Reactions…
NZ eyes compulsory property damage scheme
29 August 2006
New Zealand insurers are worried by a Ministry of Transport decision to examine the feasibility of making motor vehicle third party property damage insurance compulsory…
NSW covers children for car injuries
29 August 2006
In another sign that tort reforms are here to stay, the NSW Government has announced the first stage of the new Lifetime Care Scheme, saying it is a landmark reform…
Bank makes a move to Comcare
29 August 2006
About 20,000 staff at the National Australia Bank could soon be covered by a single workers’ compensation scheme…
States ‘harmonise’ operations
29 August 2006
Even as they battle to keep large national companies in their state-run workers’ compensation schemes, the two most populous states now acknowledge the difficulties employers…
Alert on code’s claims-handling issues
29 August 2006
The Institute of Claims Technicians has called on the industry to be aware of the implications of the new General Insurance Code of Practice…
Airbag scams cost insurers
29 August 2006
Motor insurers are being warned about the latest scam in the Australian vehicle repair market…
NZ insurance awards announced
29 August 2006
Wellington broker Brett Gray has been named New Zealand’s Insurance Broker of the Year…
Community Care won’t argue
22 August 2006
The co-insurance pool trading as Community Care Underwriting Agency is unlikely to keep trading after December next year…