NSW fire report long overdue
31 August 2004
Three months over schedule, the NSW Parliamentary Public Accounts Committee’s report into the fire services levy will be presented at the end of this week…
Local
IAG wins as awards fever re-emerges
31 August 2004
Even more awards for general insurance companies and other assorted players as yet another publisher tries to give itself an industry profile…
Smash repair inquiry imminent
24 August 2004
The Federal Government is expected to launch an inquiry this week into the dealings between vehicle insurers and smash repairers…
Profits bring out critics
24 August 2004
Industry critics are singing a familiar tune as insurers’ latest financial results come through…
Asia-Pacific insurers facing more risks
24 August 2004
The outlook for insurers in the Asia-Pacific region is stable but new market challenges continue to pose industry risks, according to Standard & Poor’s…
Can insurance learn from the banks?
24 August 2004
Australia’s main consumer organisation believes that the insurance industry’s revised code of conduct could benefit from the recently developed banking industry code of practice…
NIBA backs young professionals
24 August 2004
Brokers under 35 who have a senior colleague attending the annual NIBA Convention in Perth in October can take advantage of discounted rates for the event…
Claims technicians get their own institute
24 August 2004
A new industry body, the Institute of Claims Technicians, will be launched in Sydney next month to meet the educational requirements of loss adjusters…
Relief over NZ storm damage
24 August 2004
Recent storms in the central and lower North Island of New Zealand have not caused as much damage as first expected, according to the Insurance Council of New Zealand…
New referee at IEC
24 August 2004
Is this a case of poacher turning gamekeeper? Prominent litigation lawyer John Price has joined Insurance Enquiries and Complaints as its new referee…
Costello warns on passing back benefits
17 August 2004
Federal Treasurer Peter Costello wants insurers to balance their desire for profits with their responsibility to give policyholders a fair deal…
UFI business understated, says ICA
17 August 2004
Figures on the amount of insurance written by unauthorised foreign insurers dramatically understate the extent of the problem, according to ICA Executive Director Alan Mason…
Kiwi brokers tie the knot at last
17 August 2004
After several years of negotiation, New Zealand’s two broker organisations have finally voted to unite under one banner…
Tighter NZ regulation on the way
17 August 2004
Regulation for New Zealand’s insurance industry is certainly on the way, but as yet the Government hasn’t figured out what form it will take…
Insurers want an independent smash repair inquiry
17 August 2004
ICA has called for an independent inquiry following a recent announcement that the Federal Government will introduce a voluntary code of practice covering the relationship…
Flood cover ranks high
17 August 2004
The issue of flood insurance – or at least the lack of it – still hangs over the insurance industry as a problem that endangers its newfound community credibility…
ACA questions policyholder report
17 August 2004
The ACA has questioned the purpose of the Federal Government’s report on financial system guarantees following the HIH Royal Commission recommendation…
Extension granted for HIH liquidator
17 August 2004
HIH Insurance liquidator Tony McGrath has been given another extension in his investigation of the company’s $5.3 billion collapse…
Insurance complaints fall
17 August 2004
The number of written complaints to Insurance Brokers Disputes is continuing its two-year decline…
Competition brings softer market… but can the industry handle it?
10 August 2004
A new survey by JP Morgan and Deloitte has confirmed what brokers have already told the world – increased competition is driving commercial insurance rates down…