NZ researchers work on volcanic ash model
23 September 2024
New Zealand’s Natural Hazards Commission is funding research that could provide detailed modelling for the impacts of volcanic eruptions...
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Lawyers, consumer advocates press for strata action
16 September 2024
Consumer groups are pushing for a national inquiry into the strata management sector and a lawyers’ group has called for tougher state-level regulation following last week’s Four Corners program...
Warning to businesses as cyber breach tally climbs
16 September 2024
There were 527 data breach notifications in Australia in the six months to June, up 9% compared with the preceding half to the highest half-year figure since 2020...
AFCA backs traveller in lost luggage dispute
16 September 2024
A traveller whose luggage was stolen from a bus in Barcelona has won a bid to have her insurer accept her claim...
Webinar to tackle confusion over mutuals and trusts
16 September 2024
Insurance News and Picnic Labs will host a webinar this month examining the risk protection offered by discretionary mutual funds, and how they are sometimes confused with discretionary trusts...
Small business warned not to underestimate cyber threat
16 September 2024
More than half of New Zealand small businesses are confident in their cybersecurity settings despite an ever-evolving threat landscape, according to insurer AMI...
Hazards researchers outline community feedback
16 September 2024
Registration is still open for Natural Hazards Research Australia’s “Hazardous” webinar tomorrow...
Steadfast enters trading halt after ABC strata allegations
09 September 2024
Giant listed insurance group Steadfast has entered a trading halt as it prepares to issue a statement in response to allegations published today as part of the ABC’s strata industry exposé...
ICA examines raft of code review proposals
09 September 2024
The Insurance Council of Australia says it is examining a code of practice independent review report that has proposed more than 100 changes across claims handling, enforcement, assistance for vulnerable consumers and other areas...
‘Can of worms?’ AFCA ruling on premium rise rattles industry
09 September 2024
A dispute authority ruling that backed a consumer who complained about a 60% increase in home and contents premiums has caused concern among insurers...
Study reveals climate threat to $170 billion tourism sector
09 September 2024
Half of Australia’s tourism assets such as airports, national parks, beaches and museums are at risk from a changing climate and natural perils, according to research from Zurich...
Capacity surge prompts ‘positive outlook’ for construction market
09 September 2024
An influx of high-quality capacity into the Australian construction market is expected to continue through the second half and into next year, WTW says in a report...
NAB salutes ‘dynamic’ brokers
09 September 2024
Professional services businesses such as insurance brokers have been “remarkably resilient” over the past few years, according to an annual report from NAB...
El Nino unlikely but spring outlook warns of bushfire risk
09 September 2024
There is little chance of an El Nino developing this year, while spring poses heightened bushfire risk for large areas in Queensland, the NT, western Victoria and southeast SA...
‘No one unscathed’: wild weather rocks Victoria, Tasmania
02 September 2024
Flood evacuations are taking place in Tasmania while 180,000 properties in Victoria lost power overnight and schools were closed as deadly storms lashed southeast Australia...
Marsh expects 'continued improvement' for buyers
02 September 2024
Rates have stabilised and premium pools have grown “across most insurance classes”, according to the Marsh Australian Mid-Year Insurance Market Update...
Cash settlement issues reflect wider problems: Mulino
02 September 2024
Cash settlement failings reflect issues “up and down the chain” as well as systemic problems, federal flood inquiry chairman Daniel Mulino said at the launch of a Financial Counselling Victoria report...
Medical association raises concern over coverage costs
02 September 2024
The Australian Medical Association says the rising cost of indemnity insurance premiums is a significant and growing concern for its members...
NZ hazards portal marks year of progress on risk awareness
02 September 2024
Natural Hazards Commission Toka Tu Ake has celebrated the first anniversary of its Natural Hazards Portal, saying it has improved New Zealanders’ understanding of home risks and helped drive mitigation efforts...
ICA holds more forums for storm-hit Queenslanders
02 September 2024
The Insurance Council of Australia will hold another round of consultations for southeast Queensland residents affected by storms last December and January...