28 August 2017
The State Insurance Regulatory Authority wants feedback from builders, homeowners, financial service providers and other stakeholders on proposed home building compensation insurance standards in NSW…
28 August 2017
The Queensland Government has passed laws to increase accountability for dangerous building products, including flammable building cladding…
28 August 2017
The Insurance Council of New Zealand has condemned Labour Party plans to establish an arbitration tribunal for Canterbury earthquake disputes if it wins next month’s national election…
28 August 2017
The Australian Securities and Investments Commission will hold a Regtech Showcase in Sydney as it looks to foster greater understanding of the sector…
28 August 2017
The Australian Securities and Investments Commission says it will maintain a focus on enforcing higher standards in financial services this half-year…
28 August 2017
The Federal Government has appointed a four-person expert reference panel to assist a transition team tasked with smoothing the switch to the new Australian Financial Complaints Authority…
21 August 2017
The NSW Emergency Services Levy Insurance Monitor has suspended a ruling requiring year-earlier pricing details to be included on renewal notices…
21 August 2017
The Insurance Council of Australia is continuing “to engage in constructive discussions” with the Australian Securities and Investments Commission to resolve concerns over add-on product sales through car dealerships…
21 August 2017
The Victorian Cladding Taskforce has announced a pilot building inspection program to help determine the prevalence of aluminium cladding in the state…
21 August 2017
Treasury has called for submissions on proposals to strengthen the Australian Prudential Regulation Authority’s crisis management powers when dealing with financial entities, including insurers…
21 August 2017
Detectives in NSW have arrested a 13th person over fraudulent compulsory third party claims, with their crackdown so far leading to more than 100 charges in relation to a combined fraud exceeding $11 million…
21 August 2017
The National Insurance Brokers Association has rejected the concept of a compensation scheme of last resort for the broking sector, saying clients receive the protection they need under the Corporations Act…
21 August 2017
The Insurance Council of Australia supports empowering the Australian Securities and Investments Commission to receive telecommunications intercept material to investigate and prosecute serious offences…
14 August 2017
Potentially deadly building products laced with asbestos are still being imported into Australia from China, despite growing awareness of the issue, a Senate inquiry has been told…
14 August 2017
Commonwealth Bank will refund $10 million to 65,000 customers sold unsuitable consumer credit insurance…
14 August 2017
The Insurance Council of Australia has rejected any suggestion that liability policies covering financial company officials could undermine a crackdown on corporate misbehaviour…
14 August 2017
The NSW Floodplain Grants Scheme plans to provide $5.94 million to fund 28 flood mitigation projects across the state…
14 August 2017
International co-operation is critical if terrorism pools are to develop effective coverage and mitigation strategies, according to Australian Reinsurance Pool Corporation CEO Chris Wallace…
14 August 2017
The Insurance Commission of WA recorded an underwriting loss of $81.3 million last financial year, compared with a loss of $14.9 million the previous year. It follows the introduction of a scheme covering lifelong catastrophic injuries…
07 August 2017
Brokers are likely to pay a “relatively small” levy towards funding the Australian Securities and Investments Commission compared with other parts of the industry, the National Insurance Brokers Association says…