Five insurers lose out in workers’ comp reshuffle
23 April 2002
Victoria’s WorkCover Authority has pushed five insurers out of its authorised agent panel system, effectively ending their workers’ compensation business in the state…
Local
Unauthorised? Yes. Foreign? No, it’s local
23 April 2002
Hot on the heels of last week’s APRA warning about unauthorised foreign insurer Atlantic & Pacific comes another, this time hailing from the Solomon Islands…
OAMPS gets an edge from Lloyd’s
23 April 2002
Lloyd’s has embraced OAMPS as its first accredited brokers in Australia…
Builders’ warranty: all calm
23 April 2002
Backup from the NSW and Victorian governments has warded off a collapse of both states’ builders’ warranty schemes…
Property exposure begins to bite
23 April 2002
The widening impact of insurers’ new attitudes towards risk – partially fuelled by September 11 – is slowly becoming more apparent…
Medical indemnity – critical, but not a crisis
23 April 2002
Assistant Treasurer Helen Coonan will use today’s national summit on medical indemnity to call for tougher prudential regulation for Australia’s medical defence organisations…
Insurers’ Privacy Code gets the first official nod
23 April 2002
The insurance industry is the first private sector group to have had its privacy code approved under the terms of the Federal Privacy Act…
NRMA Insurance hails a claims success
23 April 2002
NRMA Insurance says its industry-first online home insurance e-claims solution is a winner after just six months…
Builder’s warranty: still crumbling
16 April 2002
No news is meant to be good news, but this isn’t the case for builders in NSW and Victoria this week…
Hams case ends with each-way ruling
16 April 2002
Insurance lawyers are showing great interest in Friday’s NSW Supreme Court judgement in the Hams v CGU Insurance case…
Australia extends war risk cover
16 April 2002
The Federal Government has extended its provision for war-risk insurance for Australian airlines and airports until the end of the month…
Lawyers and insurers put their cases
16 April 2002
The Insurance Council of Australia and Law Council were expected to present new submissions on the public liability debate to Victorian Government Treasury secretaries…
ACT drops stamp duty – a very little bit
16 April 2002
The ACT is the first state or territory government to offer sporting and non-profit groups exemption from paying stamp duty on their premiums as part of a strategy to tackle…
Survey reveals risky behaviour
16 April 2002
Theft rates in Australia are relatively high, but Australians are still acting dumb about security, according to AAMI’s latest home and car theft index…
And the most stolen car is…
16 April 2002
AAMI’s claim data shows that the 1986 Holden Calais is the car most likely to be stolen in Australia…
Non-members crowd NIBA roadshow
16 April 2002
The implications of the FSRA requirements are beginning to sink in around the industry, with NIBA CEO Noel Pettersen and Professional Development Executive Linda Evans…
Liquidator learns lots from royal commission
09 April 2002
HIH liquidator Tony McGrath is just one of the many people finding answers through the transcripts on the HIH Royal Commission’s website…
The blame game: insurers lead lawyers
09 April 2002
With all the disputes going on over who’s to blame for the public liability crisis and what to do about it, people are beginning to wonder if a viable across-the-board solution…
NIBA enlists groundswell of support
09 April 2002
The launch of NIBA’s campaign on state taxes has already created a wave of support with brokers around the country responding swiftly to the call to get clients involved…
No market easing until 2004, says Fitch
09 April 2002
US ratings agency Fitch says the current hard market in Australia will continue until late 2004, slightly longer than that predicted for the US and key European markets…