Directors, consultant, bank face lawsuit
16 July 2002
The collapse of New Cap Re in 1998 is having its sequel in the NSW Supreme Court, where parties to the company’s float are being sued by six investors who lost money…
Local
Liability reform – insurers impatient
09 July 2002
Insurers are getting tough with legislators as state governments drag their heels on tort law reform…
Liability questions rocket
09 July 2002
Insurance Enquiries & Complaints CEO Sam Parrino is seeing first-hand just how tough the public liability market has become…
Expert panel formed at last
09 July 2002
Bringing in an expert panel to review the law of negligence is the Federal Government’s latest tactic to address the public liability and medical indemnity crises…
Not enough lawyers, say the lawyers
09 July 2002
But not everyone is happy about the expert panel…
Doctor strikes could go national
09 July 2002
Doctors across the nation could stop providing services next month unless a solution to the medical indemnity crisis is reached at the next meeting of federal and state treasurers…
High-rise vendors a worry for insurers
09 July 2002
NSW homebuyers have been warned to avoid future insurance problems when purchasing high rise apartments by demanding an occupation certificate from the vendor…
Have your say at NIBA Convention 2002
09 July 2002
If you’ve ever sat in a NIBA Convention audience just bursting to ask a question of an eminent speaker, now’s your chance…
June renewals – it was tough
02 July 2002
July is here and millions of new policies are in place…
Goodbye to 20 more insurers
02 July 2002
Twenty general insurers have disappeared from the local insurance scene from yesterday following APRA’s unveiling of its new list of authorised insurers…
The Insurance Reform Act arrives
02 July 2002
The cause of all this brouhaha is the introduction of the General Insurance Reform Act, drawn up by former FSR Minister Joe Hockey…
Another last-gasp rescue in Victoria
02 July 2002
The Victorian Government has offered a temporary solution for the state’s adventure tourism operators, stepping in with another short-term insurance rescue package…
AmRe quits PI Market
02 July 2002
In a strange twist of events, AmRe, a member of Munich American Risk Partners, has withdrawn from the Victorian barristers’ professional indemnity market…
NIBA extends early-bird discount for 2002 Convention
02 July 2002
NIBA has announced that it has extended the entry date for delegates to obtain the early-bird discount until this Friday, July 5…
CGU and Royal & SunAlliance take half each
24 June 2002
AMP has sold its equal-third share in National Transport Insurance, allowing CGU and Royal & SunAlliance to become equal partners in one of Australia’s most…
Solutions expected from Government
24 June 2002
Indecision and maybe a bit of apathy are being blamed for the Federal Government’s foot-dragging over long-term solutions to the public liability crisis…
Queensland gets liability reforms
24 June 2002
Juries will no longer preside over personal injury cases in Queensland under Premier Peter Beattie’s new liability reform package, which was passed last week…
American Home agrees to honour Ansett claims
24 June 2002
American Home Assurance, part of the US giant AIG, has agreed to pay all travel insurance claims related to the collapse of Ansett…
Jockeys get a leg-up, but some will fall off
24 June 2002
The Australian Jockey Association, caught short without public liability cover at the end of this month, was yesterday still anxiously awaiting the opportunity to…
Home warranty gets second wind
24 June 2002
The Victorian and NSW governments have announced they will continue to support Dexta’s home warranty facility after June 30 until September 30…