'On the front foot': mitigation efforts ramp up with latest DRF round
02 September 2024
The second round of Disaster Ready Fund allocations will back 164 projects aimed at improving resilience and preparedness for natural catastrophes...
Regulatory & Government
Tasmania seeks home building warranty providers
02 September 2024
The Tasmanian government has opened a tender for insurers to provide home warranty cover under a new scheme that it expects will take effect next year...
APRA restructures for ‘swift’ reaction to evolving threats
02 September 2024
The Australian Prudential Regulation Authority has made structural changes in a bid to ensure it can handle emerging and future challenges...
WA builder fined over uninsured work
02 September 2024
A WA builder has admitted breaching home building contract laws after he started three jobs without mandatory insurance, leaving a property owner with more than $132,000 in costs...
ARPC outlines plan for ‘evolving’ cyclone, terror pools
02 September 2024
The Australian Reinsurance Pool Corporation has released its annual corporate plan outlining priorities for the cyclone and terrorism pools through to 2027-28...
Insurance focus sends ‘clear message’ to industry: ASIC commissioner
26 August 2024
The Australian Securities and Investments Commission says the industry has been “put on notice” after it listed the handling of weather-related claims as one of several focus areas...
CBL’s Harris hit with $1.3 million penalty for ‘serious breaches’
26 August 2024
New Zealand’s High Court has ordered former CBL Corporation MD Peter Harris to pay a $NZ1.4 million ($1.3 million) penalty for continuous disclosure and misleading conduct breaches...
NSW eyes emissions cuts as climate modelling paints bleak picture
26 August 2024
The NSW government has called for more action on greenhouse gas emissions amid warnings the state will face more fire risk days as climate change advances...
Queensland focuses on resilience after record disaster season
26 August 2024
The Queensland Reconstruction Authority has released a report targeting improved disaster responses after a record 13 events in the 2023-24 season...
Suncorp pushes case for Queensland CTP shake-up
19 August 2024
Suncorp says data on Queensland’s compulsory third party arrangements “points to a scheme in need of reform”, with the company’s market share to grow following last year’s withdrawal of RACQ Insurance...
Canberra seeks feedback before Consumer Data Right system shake-up
19 August 2024
The federal government wants to “reset” the Consumer Data Right regime and is consulting on proposed changes to its consent and operational rules...
Industry urges focus on defects as NSW reviews builders’ cover
19 August 2024
Issues around workmanship and building quality need to be addressed as the NSW government reviews its loss-making Home Building Compensation Fund, the Insurance Council of Australia says...
Melbourne council parks scooter scheme amid safety concerns
19 August 2024
Hire e-scooters will be banned from Melbourne's CBD after the City of Melbourne moved to cancel its contracts with operators Lime and Neuron...
Watchdog warns on cyber control gaps
19 August 2024
The prudential regulator has urged insurers to check for gaps in their cyber controls amid an “evolving and escalating” threat landscape...
Lawyers urge state to end ‘unfair’ advertising ban
12 August 2024
Queensland should remove advertising restrictions on personal injury law services and ensure gig workers are included in the workers’ compensation scheme, the legal profession says...
Building authority employees charged in corruption probe
12 August 2024
Two Victorian Building Authority employees have been charged with criminal offences relating to the assessment of builder registrations in exchange for a financial benefit...
WA towing reforms target ‘criminal elements’
12 August 2024
The WA government says new vehicle towing regulations aim to crack down on “unscrupulous practices” and ensure fairer conditions for drivers and reputable towing companies...
NZ regulators detail ‘vision’ for industry
12 August 2024
New Zealand’s Council of Financial Regulators says it will work to deliver a “forward-looking, fair, stable, competitive and efficient” vision for the insurance industry...
Albanese names new emergency management, cybersecurity ministers
05 August 2024
NSW senator Jenny McAllister is the new federal Emergency Management Minster, taking over from Murray Watt...
icare appoints interim CEO
05 August 2024
NSW state insurer icare has appointed CFO Stuart Farquharson as interim CEO after former chief Richard Harding left earlier than previously announced and as a consultation on job cuts progresses...