03 August 2020
The Australian Small Business and Family Enterprise Ombudsman has called an inquiry to investigate insurance practices and cover availability after receiving complaints about policy denials and soaring prices...
03 August 2020
Westpac GM Insurance Sue Houghton will serve as Insurance Council of Australia President through to the end of next year, the board said last week...
03 August 2020
The insurance industry is increasingly being targeted by data thieves, according to the latest data breaches report from the Office of the Australian Information Commissioner...
03 August 2020
An independent insurance price monitor should be established to see that Australians in disaster-prone areas can insure and be more resilient, climate experts say...
03 August 2020
Almost two-thirds of Australian insurers expect more legal and regulatory oversight as a result of COVID-19, a survey of insurance executives has found...
03 August 2020
Businesses in Australia must take proactive steps to strengthen the resilience of their facilities in flood-affected regions or risk long-term damage to the value of their operations, FM Global says...
03 August 2020
Many social, economic and institutional factors contribute to a community’s disaster resilience, and what works in one location won’t necessarily work elsewhere...
03 August 2020
Catastrophe risk modelling firm AIR Worldwide has updated its assessment of earthquake risk for Australia...
03 August 2020
Financial services have seen the biggest loss in trust in privacy among consumers across 10 industries, a new survey from Deloitte says...
27 July 2020
The State Insurance Regulatory Authority has referred conduct at icare to the Independent Commission Against Corruption, an investigation by the ABC Four Corners program and The Age/Sydney Morning Herald says...
27 July 2020
The Mansfield Awards play a vital role in recognising excellence in claims, one of this year’s winners says...
27 July 2020
The business pack sector is facing a “murky outlook” as business interruption claims and coronavirus shutdowns take their toll, according to a new report from Macquarie Research...
27 July 2020
The Australian Financial Complaints Authority says two complaints have been identified to head a test case on business interruption wordings...
27 July 2020
Consumer NZ says funeral insurance is “overhyped and oversold” and recommends New Zealanders set up a savings account to fund their service instead...
27 July 2020
Long-term funding for natural hazards research “plays a pivotal role” in improving disaster resilience, Emergency Management Minister David Littleproud says, prompting the Government to commit to a new research centre while last summer’s bushfires “linger in the national psyche”...
20 July 2020
The insurance industry has shown resilience through the COVID-19 pandemic and stark predictions of business collapses have “not yet come to pass”, a law firm has stated in a clarification of previous comments...
20 July 2020
The premium earnings dominance of Australian general insurers over their life insurance peers will reduce the sector’s potential claims exposure to the virus pandemic, according to London-based analyst GlobalData...
20 July 2020
So-called “targeted subsidies” may be needed to address the challenge of higher premiums in bushfire-risk areas as climate change takes hold, Finity says in a blog post...
20 July 2020
A below-average run of consecutive dry days in autumn across much of Australia could be a forerunner to a return of La Nina conditions, according to the latest Australian Actuaries Climate Index...
20 July 2020
Australia is steadily developing a supportive environment for driverless cars, ranking 15th – a notch below Germany – among 30 countries assessed by KPMG for their readiness for autonomous vehicles...