FICS rules to change
28 February 2006
A legal challenge in 2004 that left the Financial Industry Complaint Service with a large legal bill over a decision it made in relation to a member’s behaviour has led the…
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Greens look for workers’ comp changes
28 February 2006
The party that may soon hold the balance of power in the Tasmanian Parliament has come out against the 2001 reforms to workers’ compensation rules…
Vehicle thefts continue to fall
28 February 2006
Australian car owners, and their insurers, are continuing to benefit from continuing reductions in car thefts…
James Hardie commits to compensation
28 February 2006
James Hardie Industries is confident it can meet expectations in fulfilling its compensation deal with asbestos victims and is currently in talks with the Australian Taxation Office…
Heavy motor product upgraded
28 February 2006
National Transport Insurance has automated its heavy motor product NTI Express, offering brokers faster and more convenient access to Sunrise® Exchange…
Disclosure: make it less ‘boilerplate’
21 February 2006
Disclosure of conflicts of interest needs to be more simple so customers can actually understand what a company is trying to say, Australian Securities and Investments…
WA lawyers want state-run PI
21 February 2006
Lawyers in Western Australia are angling for a new professional indemnity regime, saying the current system is inflexible and unnecessarily expensive…
Medical indemnity rates drop
21 February 2006
Tort reforms introduced to ensure medical indemnity insurance remains available and affordable have seen the average premium fall by 3% in 2005/06, according to a new report…
WorkCover Tasmania an election issue
21 February 2006
Tasmania’s lawyers have stepped up their campaign to roll back changes to the state’s workers’ compensation scheme…
Hardie gets its tax break
21 February 2006
New tax laws introduced last week have given James Hardie Industries a break in its $1.6 billion settlement payout to asbestos victims…
Vehicle theft statistics improve
21 February 2006
Annual vehicle thefts have reduced for the fourth year in a row. Last year thefts were down 8% to 78,604 vehicles across the country…
IBANZ appoints new CEO
14 February 2006
The Insurance Brokers Association of New Zealand has appointed former broker Gary Young as its new CEO…
Territory holds on to TIO
14 February 2006
The Northern Territory Government has bowed to public pressure and kept the Territory Insurance Office under government ownership – the last general insurance operation…
NRMA in discussion with StaySafe report author
14 February 2006
IAG subsidiary NRMA Insurance is holding discussions with the author of the damning NSW parliamentary StaySafe Committee report into its smash repairer system…
Tassie lawyers battle insurers
14 February 2006
Tasmanian workers’ compensation is the latest theatre in the unending war between Australian insurers and the legal profession…
Allianz joins VECCI Workcover arrangement
14 February 2006
The Victorian Employers’ Chamber of Commerce and Industry has appointed Allianz to manage its workers’ compensation scheme in a bid to improve WorkCover…
Climate group too political, says Government
14 February 2006
IAG and the World Wildlife Fund’s Australian Climate Group is raising climate change issues the Government sees as being too political, and Canberra is taking action to silence the issue…
Financial advisers a disproportionate risk: Dexta
14 February 2006
While most industry watchers acknowledge financial planners have improved their professionalism in recent years, not everyone is jumping to pat them on the back…
HIH pays dividends
14 February 2006
Creditors left high and dry after the collapse of HIH in 2001 will receive their first lot of dividends mid-year…
Local consolidation still on the cards
07 February 2006
QBE and IAG have been busy this summer adding to their growing Asian portfolios, but speculation that they could be now looking in their own backyards for potential…