Regulatory & Government
23 October 2017
An independent review of the Privacy (Credit Reporting) Code 2014 should include the significance of comprehensive credit reporting to lenders’ mortgage insurance, according to the Insurance Council of Australia…
23 October 2017
The Reserve Bank of New Zealand has dismissed calls for its review of the Insurance (Prudential Supervision) Act 2010 to be carried out by an independent body…
23 October 2017
After months of consultation, New Zealand’s Financial Markets Authority will use its exemption powers to circumvent laws preventing personalised robo-advice…
23 October 2017
The Australian Securities and Investments Commission and New Zealand’s Financial Markets Authority have reaffirmed their collaboration on fintech and innovation…
23 October 2017
Proposals for an actuarial advice framework are aimed at strengthening the industry, according to the Australian Prudential Regulation Authority…
23 October 2017
A pilot panel of medical experts has speeded medical decision-making for injured NSW workers from an average of six weeks to six days…
16 October 2017
The Insurance Council of Australia has called for class action regimes to be made more efficient and cost-effective, as an increase in securities-related claims affects the market for directors’ and officers’ cover…
16 October 2017
Terrorist attacks can’t always be prevented, so authorities must also focus on resilience and recovery, a strategic analyst says…
16 October 2017
Most NSW motorists can expect a compulsory third party refund next year as part of government reforms aimed at making the scheme fairer and more affordable…
16 October 2017
General insurers have marked down the Australian Prudential Regulation Authority for its performance on cost consultations, while giving the regulator a mostly positive scorecard in its biennial Stakeholder Survey Report…
16 October 2017
Insurers may be forced to raise premiums to offset costs under Treasury’s proposal to remove a “double tax benefit” arising with certain deductible liabilities held by an entity that joins a consolidated group…
09 October 2017
The Building Ministers’ Forum has announced measures to prevent the use of flammable cladding on high-rise buildings, but has not recommended a national ban on the product…
09 October 2017
The Australian Securities and Investments Commission estimates it will cost $14.1 million to regulate the life and general insurance sectors this financial year…
09 October 2017
Insurance and Care NSW has appointed Gallagher Bassett as the Home Building Compensation Fund claims manager.
09 October 2017
The National Insurance Brokers Association has opposed legislation allowing the Financial Ombudsman Service to be absorbed into a wider complaints authority…
09 October 2017
The Insurance Council of Australia (ICA) supports plans to strengthen Australian Securities and Investments Commission banning powers…
09 October 2017
Queensland’s Motor Accident Insurance Commission achieved an operating surplus of $10.94 million in the year to June 30, up from $361,000 the previous year…
09 October 2017
The National Transport Commission wants road transport agencies, police and industry to comment on how driver laws should be changed to allow automated vehicles onto the roads…
09 October 2017
WorkCover WA recorded a $4.6 million net surplus in the year to June 30, down from $8.5 million the previous year as a decline in revenue outpaced that of key expenses…
02 October 2017
The Federal Government will provide $50 million over the next seven years to establish the Cyber Security Co-operative Research Centre…