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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…

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…

James Hardie slips on profit

22 August 2006

James Hardie’s operating profit for the three months to June 30 fell 36% to $US35.5 million ($46.3 million) after a foreign exchange charge related to its $1 billion asbestos…

HIH creditors expect another five cents

22 August 2006

HIH creditors will receive another five cents in the dollar from early next year as liquidator Tony McGrath works to recover another $1 billion of the $5.3 billion lost…

Where ICA is heading: Hawker

15 August 2006

The Insurance Council of Australia is moving in a “completely new proactive direction”, according to President Michael Hawker…

Dutton backs insurance tax reform

15 August 2006

Assistant Treasurer Peter Dutton says the states and territories need to be continually reminded about the HIH Royal Commission’s recommendation for the abolition of…

Lloyd’s warns on Sydney company

15 August 2006

Lloyd’s has issued a warning that a Sydney stock brokerage called The Armitage has been falsely claiming to have Lloyd’s coverage…

Outlook stable, but softening rates a risk

15 August 2006

Favourable market conditions and strengthening balance sheets have led ratings agency Standard & Poor’s (S&P) to give the Asia-Pacific insurance industry a “stable” outlook…