FSR licence logjam ‘inevitable’ – but ASIC can cope
03 June 2003
ASIC has received more than 800 applications for financial services licences – but it’s expecting up to 8000 before the end of the year…
Local
Choice chooses best household policies
03 June 2003
Promina subsidiary Australian Pensioners Insurance Agency has scooped the pool in the latest Choice magazine examination of house and contents policies…
No fix, no cover, say NZ insurers
03 June 2003
New Zealand insurers are getting nasty over cover for the South Island lakeside resort town of Queenstown…
Doctors’ wishes come true in new federal package
27 May 2003
The Federal Government has accepted the fact that doctors are a prickly and politically powerful bunch who can’t be ignored…
Victoria a step closer to reform
27 May 2003
Plaintiff lawyers in Victoria are maintaining their barrage of criticism of tort reforms which include subjecting small personal injury claims to a threshold of 5% for general damages…
New award honours insurance leader
27 May 2003
An international student exchange award has been devised to commemorate the memory of well-known insurance leader Peter Corrigan, who died suddenly last year…
Role confusion – your choice
27 May 2003
That champion of straight-shooting on behalf of the consumer, Choice magazine, is a bit slow when it comes to correcting its own errors…
Butselaar is new ANZIIF President
27 May 2003
AIG Australasian Region CEO John Butselaar is the new President of ANZIIF, succeeding Marsh Chairman John Richardson
Bendigo storm claims rise
27 May 2003
Tornadoes are causing insurers around the world some real concerns…
Victoria falling behind in FSL reform
20 May 2003
Victoria is “dragging its heels” when it comes to reforming funding for its fire services, says ICA…
Rates hard to swallow
20 May 2003
According to the projections, the market should be showing a few signs of softening…
Tort reform: lawyers snap
20 May 2003
Tort reform is getting up the noses of Australia’s plaintiff lawyers, with Victorian lawyers deciding they have the clout to go straight for the throat of Premier Steve Bracks…
What recommendation? States bump up premium taxes
13 May 2003
Fresh from gaining insurance industry praise for dropping its fire services levy, the WA Government has dumped more stamp duty on insurance-buyers…
NZ chases its share of foreign fire premiums
13 May 2003
Australian-domiciled owners of property in New Zealand still have to pay the NZ fire service levy, no matter who they arrange their insurance through…
SARS: bosses warned of liability
13 May 2003
Employers have been warned of the liability risks they face in dealing with staff who may face the risk of being exposed to Severe Acute Respiratory Syndrome…
D&O cover more widely available
13 May 2003
“Significant capacity” exists in the Australian D&O market, according to research conducted by a Melbourne risk consultancy…
SA WorkCover gets serious
13 May 2003
The SA Government will introduce a new Bill this week to make the state’s WorkCover system more “accountable and transparent”…
Risk management: DNV joins Qest
13 May 2003
The risk consultancy business is getting more competitive, with Melbourne-based risk management group Qest Consulting acquiring the Australian and NZ operations…
ICA vows to keep communicating
13 May 2003
The Insurance Council of Australia has reaffirmed its commitment to good communications, with ICA President Raymond Jones claiming much has already been done…
Changes are a problem, says disputes ref
13 May 2003
Insurance Brokers Disputes Referee David Letcher has pointed out a number of areas of brokers’ operations where problems frequently arise…