Bushfire season comes early to northern NSW
06 August 2018
The bushfire season began in Queensland last week and was declared two months early in parts of NSW after some regions received record low July rainfall…
Local
D&O insurers quitting market: Gallagher
06 August 2018
Rising numbers of class actions and increased regulatory scrutiny have “unsettled” directors’ and officers’ insurers, Gallagher warns…
Brokers ‘serious’ on staff competence
06 August 2018
New research shows about 65% of brokers consider competency-based training essential and another 31% think it is a high priority…
Flash-flood threat growing faster than feared
06 August 2018
Rises in hourly rainfall during intense storms have exceeded climate scientists’ expectations, heightening the risks of flash flooding and increased insurance claims…
ICA hits back at mental health exclusion report
06 August 2018
The Insurance Council of Australia has rejected a report by comparison website Mozo on mental health coverage among travel insurers…
Kaikoura claims almost complete
06 August 2018
New Zealand’s Earthquake Commission says only a small number of the 38,758 residential claims from the 2016 Kaikoura earthquake remain unsettled…
EQC flood payouts flow to richer households
06 August 2018
New research shows more than half of flood claims to and payouts from New Zealand’s Earthquake Commission this century have involved higher-income families…
EQC allocates GeoNet funding
06 August 2018
New Zealand’s Earthquake Commission will provide continued funding of $NZ12 million to hazard monitoring service GeoNet this financial year…
Industry hails Qld cyclone mitigation
30 July 2018
Queensland has launched a $20 million cyclone mitigation initiative to upgrade at-risk properties built before 1984, earning applause from the insurance industry…
ICA launches drive to feed DataGlobe
30 July 2018
The Insurance Council of Australia has urged local authorities to provide updated hazard information for its DataGlobe risk map…
More tributes for Midland MD ahead of funeral
30 July 2018
A funeral service for widely respected Melbourne broker Terry Lane will be held on Wednesday…
Climate change ‘redirects cyclone risk’
30 July 2018
Cyclones are forming further north and south as the tropics expand due to climate change, according to new research…
Housing boom defies nat cat risk
30 July 2018
Proximity to CBDs, access to schools and infrastructure are the key factors in property price growth, a new study has found…
High-risk property ‘faces uphill battle’
30 July 2018
High-hazard clients seeking industrial special risk cover make up the most challenging sector of the hardening insurance market, according to Gallagher…
NZ modellers rethink volcano evacuations
30 July 2018
The Earthquake Commission is funding research to improve evacuation responses for a volcanic eruption in Auckland…
Industry commits to sustainable finance
30 July 2018
Financial institutions have declared their support for a “sustainable financial system” in Australia and New Zealand…
Broking industry pays tribute to ‘mentor and inspiration’ Terry Lane
23 July 2018
Terry Lane, one of Australia’s best-known brokers, died suddenly yesterday. He was 76…
Cladding crisis sparks PI exclusions, premium rises
23 July 2018
Building surveyors have been hit with professional indemnity policy exclusions and premium rises at the mid-year renewals, as insurers tighten policies following cladding-fuelled apartment fires…
NIBA begins code of practice review
23 July 2018
The National Insurance Brokers Association is reviewing its code of practice, paving the way for a new version next year…
Uneven rainfall in north prompts mixed bushfire forecast
23 July 2018
Northern Australia faces a mixed bushfire outlook due to variability in rainfall last wet season…