High court changes ‘claims made’ approach
10 July 2001
Every company director and professional in Australia who holds PI insurance is now entitled to retrospective cover…
Local
NIBA scrambles to beat NSW insurance tax
10 July 2001
NIBA has stepped quickly into the breach to protect brokers’ interests threatened by the controversial NSW Insurance Protection Act…
Lawcover loses more big firms
10 July 2001
The pressure is still on for NSW’s troubled LawCover system – the sole provider of PI insurance for the state’s lawyers…
ICA develops a ‘Millennium Code’ for insurance-buyers
10 July 2001
The Insurance Council is developing a “Millennium Code” to replace its Code of Practice…
Lobbyist takes up post in ICA Melbourne
10 July 2001
ICA has picked an experienced lobbyist to handle its affairs in Tasmania, South Australia and Victoria…
CGU lenders’ mortgage insurance to join PMI
10 July 2001
The consumer watchdog is investigating plans by leading mortgage finance insurer PMI to buy CGU’s Australian and New Zealand Lenders’ Mortgage Insurance…
FSRB passes first hurdle: now for the Senate
03 July 2001
The nation’s MPs yawned their way through a long night last Thursday – they finished at 4am – to push the Financial Services Reform Bill through the House of Representatives…
Top 20: The big are getting bigger
03 July 2001
NRMA remains top of the heap in Australia’s list of the top 20 private sector general insurers…
Royal Commissioner has a tough schedule
03 July 2001
Political critics who thought the Government’s schedule for the HIH Royal Commission was overly long should think again…
Your maths are wrong, ICA tells NSW treasurer
03 July 2001
Bizarre and unprecedented. That’s how ICA Executive Director Alan Mason describes the NSW Government’s $69 million impost on the insurance industry to cover its…
CGU quits IBNA facility, too
03 July 2001
CGU has given 90 days’ notice that it’s quitting the IBNA commercial facility…
Agricola sows up deal with Lumley
03 July 2001
Major crop and forestry products underwriter Agricola has formed a multi-year agreement with Lumley General…
IBNA to stage NIBA convention curtain-raiser
26 June 2001
David Parkin, the inspirational coach of top AFL club Carlton, will be a highlight of the IBNA convention on the Gold Coast in October…
ICA is "glad" about HIH terms of reference
26 June 2001
The Insurance Council wants the HIH Royal Commission to “clearly identify” the cause of the company’s collapse “so that everything possible can be done to try to ensure…
Car thieves move into the 90s
26 June 2001
Results of the March quarter show that cars manufactured after 1990 are now being targeted by professional thieves, leaving insurers with an average claim cost of $19,500…
NRMA takes a tilt at business
26 June 2001
NRMA Insurance and the NSW Chamber of Commerce have set up a $660,000 small business development program…
Dexta battles incomplete BW proposals
26 June 2001
No wonder builders’ warranty insurers are under fire for processing applications too slowly; more than 70% of them are filed incomplete…
QBE/MERC quits IBNA facility
19 June 2001
QBE Mercantile Mutual has withdrawn from the commercial facility operated by major cluster group IBNA…
Brokers an asset, says WA Minister
19 June 2001
WA brokers have been reassured their role in the state’s workers’ compensation system is safe…
NSW solicitors consider a post-HIH levy
19 June 2001
Solicitors in NSW face the prospect of having to pay a special levy to make up the shortfall in their PI insurance following the HIH collapse…