21 October 2024
The parliamentary floods inquiry has recommended reforms to ensure “the negative impacts of the next flood event or natural disaster are not further compounded by insurers’ poor claims and complaints handling”...
21 October 2024
Recent scrutiny of “appalling conflicts” in strata insurance will affect all brokers, the Australian Financial Complaints Authority has warned today...
21 October 2024
Hundreds of delegates enjoyed a street-party welcome last night as the National Insurance Brokers Association Convention got under way in style in Adelaide...
21 October 2024
Our annual wellness survey makes the cover of the latest Insurance News magazine, and it’s a fascinating read...
21 October 2024
Canadian insurers are pressing their government to finalise the introduction of a national flood cover program amid rises in severe weather losses that have paralleled the Australian experience...
21 October 2024
Experts from Vero and McLardy McShane will feature at the Insurance News Enhancing Collaboration in Claims Management webinar next month...
21 October 2024
The Insurance Council of Australia and its peers in the UK, Canada and New Zealand have urged British Commonwealth leaders to tackle worsening extreme weather challenges facing the bloc’s communities...
14 October 2024
The industry’s householders segment made an insurance service profit of $534 million in the June quarter and general insurers combined for an overall insurance service profit of $2.22 billion, prudential data released today shows...
14 October 2024
About 90% of catastrophe losses over the past decade have taken place between October and April, the Insurance Council of Australia warns today, as it urges residents and businesses to prepare for storm and bushfire threats...
14 October 2024
Early bird tickets are now on sale for a half-day Insurance News seminar that will address trends and challenges in cyber cover...
14 October 2024
A looming court decision on a residential building defect dispute could have implications for construction liability insurers, according to law firms following the case...
14 October 2024
Storms, floods and fires have accounted for more than 78% of school property insurance claims over the past decade, according to data from QBE...
14 October 2024
NRMA Insurance has warned of a scam involving an email purportedly from the insurer offering the chance to win a “car emergency kit”...
14 October 2024
The Insurance Council of Australia has championed “nature-positive insurance” as a way of promoting long-term climate resilience...
07 October 2024
NSW’s proposed ban on strata insurance commissions could result in small schemes paying more for cover and some strata managers going under, industry sources have warned...
07 October 2024
New Zealand’s High Court has imposed a $NZ6.175 million ($5.59 million) penalty on AA Insurance for failing to apply multi-policy and membership discounts and guaranteed no-claims bonuses, and has warned financial services businesses must be held to high standards...
07 October 2024
New Zealand’s Dunedin City Council has lifted a state of emergency after torrential rain last week caused severe flooding and landslides...
07 October 2024
The financial services sector now scores higher than 11 other industries for its sustainability efforts, Capgemini says...
30 September 2024
Banks are considering calling in or refusing loans on uninsured homes, risking creating “climate ghettos” across the country, an expert told a Senate inquiry into the impact of climate risk on insurance...
30 September 2024
The Insurance Brokers Code Compliance Committee has explained what it expects from the profession after voicing concerns in the past over low or zero breaches from some broking subscribers...