Taxes get an airing
15 November 2005
As state elections loom on the horizon in both NSW and Victoria, the insurance industry is once again considering the issue of state-based taxes and their impact on a whole range of…
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Industry to play a part in climate problem
15 November 2005
The insurance industry has a role to play even as natural disasters grow in number and magnitude…
Profitable VWA feels the stress
08 November 2005
Victorian WorkCover Authority Chairman James MacKenzie says the authority will start seeking second opinions on stress cases – a claims “hotspot” – in a bid to cut down…
Imeson leaves IBNA
08 November 2005
Former IBNA CEO Peter Imeson has left the broker cluster group to “pursue other interests” outside insurance…
Companies may see class action suits on toxic dust
08 November 2005
The Australian Medical Association has called for new laws to protect workers from toxic dust…
IAG makes its big move into Asia
01 November 2005
IAG has found something it likes on the acquisition trail at last…
Brad Cooper guilty of HIH corruption
01 November 2005
Former FAI Home Security Chairman Brad Cooper has been found guilty in the NSW Supreme Court of six counts of corruptly giving a cash benefit to influence an HIH agent…
Repairer scheme investigated
01 November 2005
IAG subsidiary NRMA Insurance’s preferred repairer scheme is under further scrutiny, with the NSW Parliament’s Staysafe committee setting up an inquiry to examine safety implications…
Local assets to pay for local claims
01 November 2005
The High Court will have to decide on the payment priority of creditors in the New Cap Re case, which begins on December 7…
Government won’t let James Hardie off the hook
01 November 2005
The Federal Government is working to ensure Australian court judgements are enforceable in the Netherlands in case Amsterdam-based James Hardie Industries tries to avoid…
ASIC’s eagle eye continues, but the industry’s clean
25 October 2005
Australia’s insurance industry does not have any of the inherent disclosure and commission problems apparent in the US…
Tort reform is working, says ICA
25 October 2005
The legal establishment might still be resisting the fact, but tort reform is working and the flow-on effects of the legislation have already substantially benefitted the community…
Insurer warns of gaps in IR reforms
25 October 2005
If the Federal Government’s industrial relations laws are passed, workers’ entitlements will be jeopardised when companies collapse…
NSW council not liable after all
25 October 2005
A recent High Court decision supports the emphasis NSW courts and the legislature have placed on personal responsibility in public liability claims…
NZ businesses responding to flood
25 October 2005
New Zealand insurers will be watching with interest this week as businesses in the North Island region of Tauranga meet to assess their response to the devastating May 18 floods…
James Hardie immoral, says campaigner
25 October 2005
Bernie Banton, an asbestosis sufferer and prominent campaigner for fellow victims, has criticised James Hardie Australia for being tardy in finalising asbestos compensation…
Gold Coast hailstorm damage could reach $50 million
25 October 2005
Insured damage from the hailstorm that hit Queensland’s Gold Coast last week could reach $50 million…
FSR draft refinements are here
11 October 2005
Industry experts are studying new draft regulations giving effect to the FSR refinement proposals released by the Federal Treasury this morning…
NIBA Education rebrands
11 October 2005
NIBA Education has been rebranded to become the NIBA College of Insurance & Risk Professionals…
Compliance costs concern NZ businesses
11 October 2005
New Zealand insurers and brokers – who at present enjoy a minimalist approach to regulation, will be regarding the latest KPMG-Business NZ Compliance Cost Survey with some concern…