New law encourages structured settlements
11 June 2002
The Federal Government has introduced another measure in its strategy to clean up some insurance-related problems brought to light by the public liability crisis…
Local
Call to abolish claims ‘from a bygone era’
11 June 2002
If you want to know the extent of how frivolous claims these days have become, you only need to look at “loss of consortium”…
Experts brought in to help solve the crisis
11 June 2002
Despite being left out of the debate until now, Australia’s leading legal minds are now being recruited to give their advice on possible solutions to the public liability crisis…
Kiwis say they have medical indemnity answers
11 June 2002
Australia can solve its medical insurance crisis by adopting New Zealand-style measures, according to Professor Peter Davis from the Christchurch School of Medicine…
Adler, Williams made to dig deep
04 June 2002
The sentencing of former FAI CEO Rodney Adler and his HIH counterpart Ray Williams last Thursday closed the first chapter in the long-running saga of the HIH collapse…
Liability summit: no reforms, and not much else
04 June 2002
Confused about what happened last week when state and federal ministers met to thrash out a solution to the public liability insurance crisis..?
Carr threatens battle to the end over reform
04 June 2002
Premier Bob Carr is determined to get his tort law reforms past the Opposition-dominated Legislative Council without amendment – so determined that he is threatening…
Insurance recruitment opening up
04 June 2002
The 2002 Hays Personnel Survey reveals a distinct insurance career path opening up to those candidates with little or no industry experience…
Medical indemnity – a delicate operation
04 June 2002
The medical indemnity crisis is slowly but surely being sorted out, thanks to the unenthusiastic but nevertheless fulsome largesse of the Federal Government…
Builder’s warranty – the facts
04 June 2002
ICA has released a series of fact sheets giving the insurers’ side of the builders’ warranty insurance issue…
Richardson takes over at ANZIIF
04 June 2002
ANZIIF’s new President is Marsh Chairman John Richardson, who was voted into the position at last week’s AGM…
Academic attacks premium taxes
04 June 2002
Having governments fixing up the insurance industry is like putting Dracula in charge of the blood bank, according to Canberra academic Terry Dwyer…
Costello gives terrorism cover the nod
28 May 2002
The Federal Government will provide terrorism cover for buildings and infrastructure in a bid to ease the string of problems that followed the global insurance industry’s exit…
Carr agrees reforms aren’t a guarantee
28 May 2002
Despite his push for tort law reform – due to be introduced into Parliament today – NSW Premier Bob Carr seems resigned to the fact that reductions in spiraling liability premiums…
Brumby kicks back over premium taxes
28 May 2002
The brokers’ campaign to raise clients’ awareness about the level of state taxes and charges they are paying with their premiums is being stoutly resisted by Victorian Treasurer…
Tasmania drops stamp duty for local liability policies
28 May 2002
Tasmania has become the first state to abolish stamp duty on insurance premiums for businesses and community groups…
Still looking for medical indemnity answers
28 May 2002
There’s nothing much new to report on the medical indemnity front…
HIH Royal Commission calls for submissions
28 May 2002
HIH Royal Commissioner Neville Owen is calling for submissions on issues relevant to future policy directions related to the fall of HIH…
Finally something else goes right for builders
21 May 2002
The 12,000 builders insured by Royal & SunAlliance breathed a sigh of relief after the group announced it would remove requirements for builders to provide personal deeds…
Terrorism cover: a wait and see approach
21 May 2002
The Federal Government has finally given some indication of how far it’s prepared to go to provide terrorism cover for Australian businesses…