Asbestos claims get another $40 million
21 May 2002
The Federal Government allocated $40 million in the Budget to settle damages claims from wharfies with asbestos-related diseases…
Local
IEC names people at the top
21 May 2002
Insurance Enquiries & Complaints has announced its May 2002 appointments…
IAAA members to join ANZIIF program
21 May 2002
The Insurance Advisers Association of Australia will use the Australian and New Zealand Institute of Insurance and Finance’s Certified Insurance Professional Program…
Insurance taxes unrest grows
14 May 2002
The groundswell of support for the NIBA tax campaign is growing as major business groups absorb the implications of the increasing tax take on insurance…
Home Warranty gets the nod
14 May 2002
Something finally went right for the builders’ warranty market last week when major reforms announced in March were passed through the Lower House of the NSW Parliament…
NSW tops natural disaster payouts
14 May 2002
Insurance payouts for natural disasters in Australia last year were more than four times higher than 2000…
Queensland takes up industrial manslaughter
14 May 2002
Victoria’s attempt to introduce industrial manslaughter legislation has failed, but Queensland now looks set to take up the mantle…
Carr announces reforms and accuses insurers
14 May 2002
The NSW Government has become the first state to introduce tort law reforms to limit damage payouts…
Queensland does it quietly
14 May 2002
There was no flurry of criticism over insurers’ intentions when Queensland announced a package of reforms to deal with public liability and medical indemnity insurance…
Doctors turn to the lawyers
14 May 2002
NSW doctors are contemplating setting up a class action against failed mutual insurer United Medical Protection, which is in liquidation…
Medical indemnity solution is near
14 May 2002
The Federal Government is set to unveil a “rescue plan” to deal with the medical indemnity problem, which lobbyists continue to insist is a crisis…
Cheaper CTP shows reform can work
14 May 2002
After a horror run through much of the ’90s, when CTP premiums spiralled out of control, NSW motorists should all be smiling now…
Reinsurers quit the Australian market
14 May 2002
Following on from the departure from Australia of giant US reinsurer St Paul Re in December comes news that it started a bit of a rush to leave…
Doing nothing isn’t an option, says ICA President
07 May 2002
Solving the insurance industry’s current woes won’t be easy, says ICA President Raymond Jones…
Victoria gags dumped workers’ comp insurers
07 May 2002
Insurers dumped from the Victorian workers’ compensation system two weeks ago are having to deal with the repercussions in complete silence – no grumbles to the media…
$5M payout highlights liability conundrum
07 May 2002
The award of $5.7 million in damages to a Melbourne wrestler has highlighted the complexities of the present debate over liability insurance and tort reform…
Brokers are doing it for themselves
07 May 2002
Insurance brokers have moved beyond trying to understand the financial services reforms…
UMP: still no permanent solution
07 May 2002
As we predicted, there’s been plenty of fallout from the collapse of medical indemnity giant United Medical Protection…
Sort it out together, says industry leader
07 May 2002
A uniform approach to personal injury cover is the best solution to the current crisis in medical indemnity, according to IAG Deputy CEO Ian Brown…
Terrorist dealings are now illegal
07 May 2002
Are you dealing with people who might be raising money for terrorists..?