ACA wants more consumer protection
12 October 2004
The Australian Consumers' Association says policyholder protection is weak and needs to be beefed up…
Local
Assetinsure shows an adventurous taste
12 October 2004
Insurance companies usually invest in property and bonds but niche insurer Assetinsure has found a more exciting way of making money – it has bought a winery…
Salaries: how insurance CEOs stack up
05 October 2004
Opposition financial services spokesman Stephen Conroy has attacked the level of salaries received by the chief executives of public companies…
James Hardie solution soon?
05 October 2004
Resolution of the James Hardie Industries asbestos imbroglio is close…
Six-year rule prompted civil action
05 October 2004
Why did HIH liquidator Tony McGrath pick the lead-up to a federal election – which involves political candidate Malcolm Turnbull – to file a civil action…?
Queensland community groups protest on liability costs
05 October 2004
More than 1000 people have signed an online “e-petition” calling for the Queensland Government to launch an inquiry into the continual rise in public liability premiums…
Thieves revved up over motorcycles
05 October 2004
Vehicle thefts in Australia fell 13% to just over 88,000 for 2003/04, but motorcycle theft is on the rise…
AICLA President steps aside
05 October 2004
After two years at the helm, Mark Godfrey is standing down as President of the Australasian Institute of Chartered Loss Adjusters…
Insurers keen to negotiate on asbestos scheme
28 September 2004
Insurance companies are keen to have a say in negotiations between the ACTU and James Hardie Industries as to whether a statutory scheme for asbestos claims…
ASIC doesn’t find much to like about ICA’s code
28 September 2004
Public submissions for the Insurance Council of Australia’s new draft code of practice have now been sent to former ASIC Chairman David Knott for consideration, and the submission…
Turnbull faces court action
28 September 2004
Chief HIH liquidator Tony McGrath has filed a claim against people and organisations involved with FAI Insurance when it was sold to HIH, including merchant banker…
Sydney Water seeks damages from Heath Lambert
28 September 2004
Sydney Water has filed a summons in the NSW Supreme Court against former broker Heath Lambert Group Australasia – since acquired by Marsh – seeking damages…
Smash repair war hots up in NZ
28 September 2004
While the Productivity Commission in Australia gets set to conduct an inquiry into the relationship between the smash repair industry and motor insurance companies…
NSW compo deficit improves
28 September 2004
The NSW Workers’ Compensation Scheme has recorded a $576 million improvement in its financial position, according to NSW Commerce Minister John Della Bosca…
AICLA tackles training void
28 September 2004
Claims professionals met in Sydney last Thursday for the launch of the new training body for people working in the claims sector…
Fraud on the rise
28 September 2004
Fraud takes a lower public profile these days, but a new a Deloitte Forensic survey says corporate fraud is on the rise…
IAG out of Queensland and NSW
21 September 2004
IAG has substantially scaled down its property risk in southern Queensland and NSW because it believes the region is exposed to a greater threat of natural disasters…
Self-insurance plans stymied
21 September 2004
Not surprisingly, the state governments have signalled their resistance to big companies wanting to self-insure nationally and move out of various state workers’ compensation schemes…
NTI expands reach
21 September 2004
National Transport Insurance has opened a new office in Darwin…
CGU pushes intermediary image
21 September 2004
CGU has launched a multi-million dollar advertising campaign to strengthen its positioning as an intermediary-based insurer…