VWA extends freeze
17 September 2002
The Victorian WorkCover Authority is still trying to ease its new agents into the system without rocking the boat too much. It has again extended a freeze on the movement…
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Senator gets to know the insurance industry
17 September 2002
Following the first anniversary of the September 11 terrorist attacks, Assistant Treasurer Helen Coonan reflected last week on the bundle of problems that followed and ultimately…
We’re innocent, say accused insurers
10 September 2002
Flushed with success from the rout of plaintiff lawyers over tort reform, are Australia’s general insurers now attempting to overturn the consumer protection provisions…
ICA slams Victoria’s planned tort reforms
10 September 2002
The Victorian Government’s package of liability reforms will not have a significant impact on the cost of claims for many years, according to the Insurance Council…
Public Liability Update
10 September 2002
While NSW is forging ahead with its tort reforms, the likelihood of a national approach looks doomed because of indecision in the other states…
Insurers to form coinsurance pool
10 September 2002
A coinsurance panel comprising of Allianz, IAG and QBE is being established in NSW to provide a new insurance pool that will help struggling non-profit community organisations…
Adler & Williams appeal
10 September 2002
Former HIH directors Rodney Adler and Ray Williams have launched their appeals against the recent NSW Supreme Court finding that they had breached Corporations Law…
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…
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…