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…
Local
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…
Terrorism cover to go on, with changes
19 September 2006
The Federal Government says there’s still a need for a terrorism insurance scheme, but it has recommended several refinements…
FICS acts to prevent Westpoint delays
19 September 2006
Disputes resolution body the Financial Industry Complaints Service is in the Federal Court today seeking a hearing regarding its ability to deal with complaints against financial advisers…
IOS lowers thresholds for disputes
19 September 2006
The Insurance Ombudsman Service will soon be able to rule on disputes involving sums up to $280,000 instead of the old $150,000 limit…
NIBA defends ACT rates-based fire levy
19 September 2006
NIBA Chief Executive Noel Pettersen has come out in support of the ACT Government’s rate-based levy to fund fire and emergency services…
ICA’s new appointments
12 September 2006
Following the substantial management overhaul that saw 12 positions made redundant and the Melbourne and Perth offices closed, the Insurance Council of Australia…
IDRO’s future is cloudy
12 September 2006
The appointment by ICA of Karl Sullivan as GM Policy – Risk and Disaster Directorate to co-ordinate the industry’s post-disaster response and partnership with governments…
Compulsory smash code gets mixed reaction
12 September 2006
The use of preferred smash repairers has added fuel to the fiery relationship between the smash repair and insurance industries, but the NSW Government hopes…
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…
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…