Australia’s biggest class action raises serious issues
10 September 2002
The 1998 Longford explosion, which created what became known as Victoria’s “gas crisis”, is now the subject of Australia’s biggest class action as industries, businesses…
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Dexta loses Victorian support
10 September 2002
Underwriting agency Dexta has lost its Victorian Government reinsurance support for its builders’ warranty business in the state…
Lawyers glum as insurers hail Ipp report
03 September 2002
The Federal Government’s review into the law of negligence delivered its first report yesterday…
Hockey takes a stick to tardy Victoria
03 September 2002
The Victorian Government’s foot-dragging approach to tort reform has brought the insurance tax issue back into the spotlight…
ICA’s reform dream goes down the gurgler
03 September 2002
With the states and the Federal Government running in a number of different directions over legal reforms, the ICA’s call for a consistent national approach is doomed…
Lawyers claim success in watering-down reforms
03 September 2002
The lack of consistency between the states in tort reform has been applauded by the legal profession’s key national body, the Law Council of Australia, which says…
Allianz did best out of HIH carve-up
03 September 2002
Allianz is the greatest beneficiary of the HIH “dismemberment”, according to consultants Deloitte Touche Tohmatsu…
Brokers take clients to seminars
03 September 2002
Brokers are inviting clients to a series of “breakfast business briefings” being organised by NIBA in most mainland capitals…
Insurance spending down
03 September 2002
The insurance industry has pulled its financial head in, according to new statistics that show a slowdown in business spending by the sector…
Adler will appear again
03 September 2002
Former FAI and HIH director Rodney Adler will appear again at the HIH Royal Commission as the inquisitors turn their attention on the directors of the collapsed insurer…
ICA announces new code for industry
27 August 2002
The swift pace of regulatory change in the insurance industry continues, with the decision by the Insurance Council to revamp its wide-ranging code of practice…
Clients get some direction
27 August 2002
NIBA is holding a series of briefings for members’ clients next month to assist them in dealing with the present capacity and price crises…
We’ve been ignored over terrorism levy: ARIMA
27 August 2002
Corporate risk managers are unhappy at being ignored in the present consultations over a terrorism insurance scheme…
Survey shows businesses are hacker-vulnerable
27 August 2002
Hacked off with those stupid people who get into your IT system and cause chaos..?
We love brokers, says R&SA
20 August 2002
Royal & SunAlliance General Insurance CEO Duncan West has been feeling the heat from brokers over the past couple of weeks, following criticism of their abilities by the GM…
Premiums under pressure as equities sink
20 August 2002
The worst investment market conditions in more than a decade have put the insurance industry in a position of double jeopardy…
ICA calls for more regulation
20 August 2002
The ICA has called for the definition of “insurance business” to be widened under the Insurance Act so that such organisations as medical defence organisations…
Liability group enjoys a resurgence
20 August 2002
A specialist organisation working in the professional indemnity and directors’ and officers’ markets says recent developments have increased the need for specialist liability knowledge…
Less legal buck-passing over intoxication
20 August 2002
People who drink too much alcohol and then have accidents will now have less of a basis to sue, according to Sydney lawyer Louise Edmondson…
Corporate governance top of agenda
20 August 2002
Everyone seems to be jumping on the corporate governance bandwagon after the corporate blowouts of the 1990s…