Porter explains why he’s suing ASIC
25 February 2003
Former OAMPS CEO Robert Porter says he is suing ASIC because it knew well in advance of his trial last year that evidence it had collected against him was false…
Local
Austbrokers expands into Melbourne
25 February 2003
Cluster group Austbrokers has opened an office in Melbourne in a bid to expand its operations in time for the new FSRA regime…
ICA urges Government to tackle tax
25 February 2003
ICA President Raymond Jones has attacked the states and territories over “alarmingly high” insurance taxes, and called for an inquiry into taxes affecting the affordability of insurance…
Terrorism insurance law under more fire
25 February 2003
The Federal Government’s Terrorism Insurance Bill probably isn’t the best solution to the terrorism cover problem, and it will mean yet another levy on premiums…
Mould fears intensify NZ’s builders’ crisis
25 February 2003
Toxic mould is costing United States insurers hundreds of millions of dollars, and now the industry’s fear of the syndrome has spread to New Zealand…
Victoria considers its fire services levy
25 February 2003
An alliance of insurance and industry associations is continuing its push to persuade the Victorian Government that it should change its fire services levy system…
Drought increases sport injury claims
25 February 2003
Australia’s sportsmen and women are breaking more bones thanks to the drought and subsequent water restrictions, according to sports insurance underwriter Sportscover…
Terrorism insurance unfair, says ARIMA
18 February 2003
Australia’s corporate risk managers have rejected the Federal Government’s plan to introduce a compulsory terrorism insurance levy, saying it’s totally unfair…
Insurers abandon NZ building industry: report
18 February 2003
Insurance problems with the building industry are nothing new in Australia, but now New Zealand insurers are reportedly abandoning the sector or raising professional indemnity rates…
Medical insurer’s not out of the woods
18 February 2003
The medical indemnity crisis is far from over…
Vic bushfires burn up more money
18 February 2003
The Insurance Disaster Recovery Organisation says insurers have received 250 claims totalling $10 million as a result of the Victorian bushfire disaster…
IEC praises insurers post-Canberra
18 February 2003
Insurance Enquiries & Complaints CEO Sam Parrino has congratulated the activities of insurance personnel during the Canberra bushfires noting that they acted…
Breakfast briefings back
18 February 2003
The National Insurance Brokers Association will hold a series of “breakfast briefings” next month for members and non-member intermediaries…
AICLA appoints independent chairman
18 February 2003
Insurance Enquiries and Complaints CEO Sam Parrino has been appointed as the independent chairman of AICLA’s Disciplinary Committee…
Sunrise Exchange wins ‘Best E-Commerce Product’ award
11 February 2003
InsNet’s web-based transaction platform for the insurance industry, Sunrise Exchange, has walked away with the “Best E-Commerce Product or Service” title…
IFSA and FPA prepare for critical onslaught
11 February 2003
The joint Australian Consumers Association/ASIC survey of financial planners, which we reported on last week, will be officially revealed at a launch in Sydney today…
Lost containers worry NZ insurers
11 February 2003
The Insurance Council of New Zealand is launching a campaign to make mariners aware that more than 10,000 shipping containers swept overboard from cargo ships each year…
Coonan pushes the message on taxes
11 February 2003
Assistant Treasurer Helen Coonan continued to push the state tax issue in the Senate last week, highlighting the link between underinsurance and taxation on insurance…
UAC appoints new chairman
11 February 2003
Paul Lynam, MD of SRS Insurance Group, has been elected the new Chairman of the Australian Underwriting Agencies Council for 2003…
Phillips Fox lawyers in guide to the best
11 February 2003
An international poll conducted by Euromoney Legal Group ranks six Phillip Fox insurance lawyers among the world’s best…