HIH: brokers not in clear, says Rashleigh
22 October 2002
Eminent Victorian lawyer Peter Rashleigh will be “most surprised” if there are no claims against insurance brokers arising out of the placement of cover with HIH…
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Uninsured numbers alarm insurers
22 October 2002
Too many small businesses and householders aren’t taking out insurance or are underinsured, according to an ICA survey…
Law Council wants a cap on liability
22 October 2002
The Law Council of Australia seems to be against tort reform half of the time and in support of it the rest of the time…
…but Victorian lawyers don’t want tort reform
22 October 2002
While the Law Council is busy with its own campaign, the Victorian Bar Council has warned it will make an election issue out of common law rights if the state Government…
Broker leader Robert Owen dies
22 October 2002
One of Australia’s best-known brokers, Robert Owen, died on Sunday after a long battle with cancer…
The Bali bombing and travel insurance confusion
15 October 2002
The subject of travel insurance isn’t the thing that springs instantly to mind when we consider the carnage in Bali…
Insurers pass S&P’s “stable” test
15 October 2002
Australian general insurers are continuing to face significant challenges over the next year, but Standard & Poor’s, at least, is positive about the outlook…
Australia’s insurance market in for a hard ride
15 October 2002
The woes of weak international equity markets on commercial insurance and the effect of September 11 on reinsurance markets will be hitting our shores sooner and harder…
Victorian Liability Bill has an easy passage
15 October 2002
The Victorian Government’s liability laws reform package passed through the state’s Lower House of Parliament last week without opposition…
Higher rates mean lower levels of insurance
15 October 2002
Decreases in commercial cover or higher excesses are signs that some businesses can’t continue to keep up with rising premiums…
Car thefts hit all-time low
15 October 2002
The National Motor Vehicle Theft Reduction Council’s strategies are beginning to pay off. It has reported a 21% decrease in car thefts compared to this time last year…
DVT case likely to set precedent
15 October 2002
A Australian court case that has seen a plaintiff fail in suing an airline over claims that she contracted Deep Vein Thrombosis…
Bigger and better at NIBA Convention
15 October 2002
Brokers and related professionals are packing their bags this week and getting set to head for Adelaide for the annual NIBA Convention…
Insurance crisis still looms but solution looks closer
08 October 2002
The prospect of finding a resolution to the insurance crisis is looking more optimistic…
Coonan makes a slip
08 October 2002
Senator Coonan also landed herself in-hot-water with the media last week making a comment after the ministerial summit- which she was later forced to defend–that accident victims…
Medical indemnity rescue plan on its way
08 October 2002
The Federal Government is expected to announce its medical indemnity rescue package this month…
ACCC stretches the truth, says ICA
08 October 2002
The Insurance Council says the ACCC report on pricing released late September contains “a number of flaws that inflated profit projections”…
Industry stalwart looks to the future
08 October 2002
The future is all we’ve got – at least that was the message from industry consultant Ted Hogg at last week’s CIBNZ conference on Queensland’s Sunshine Coast…
Department reveals more flaws in state-based workers’ comp
01 October 2002
The Federal Department of Employment and Workplace Relations has continued its attack on state-based workers’ compensation schemes, and now claims the schemes are outdated…
Business regulation advisory group revamped
01 October 2002
The group responsible for reviewing the Federal Government’s proposals on the effectiveness of the corporate disclosure framework – CLERP 9 – now has eight new members…