Nationalise workers’ comp, says department
24 September 2002
The insurance industry’s impossible dream of a workers’ compensation scheme that has one set of rule for the whole country came a tiny bit closer to reality last week…
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…and privatise NSW WorkCover, say MPs
24 September 2002
Here’s something else for insurers to ponder…
No Aussies in the top 10 reinsurers
24 September 2002
It was no surprise…
New entrant in claims management area
24 September 2002
New claims management company Insurance Claims Solutions was officially launched last week in Melbourne…
Coonan repents
24 September 2002
Assistant Federal Treasurer Helen Coonan is being accused of being a little bit hasty when she formed the federal/state Ipp committee on tort reform…
Victoria ignores the insurance tax protest
17 September 2002
The Victorian Government is ignoring its vital country constituency with legislation designed to keep its insurance taxes at world-record levels…
Victorian liability reforms due soon
17 September 2002
Having dragged the chain on tort reform – and received a bucketing for it from the Federal Government – Victoria is set to implement a legislative reform package…
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…
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…