Regulatory & Government
15 May 2017
An independent body should be appointed to set the “price of liability” when NSW moves to a hybrid no-fault compulsory third party scheme in December, the Insurance Council of Australia says…
15 May 2017
Insurance & Care NSW is trialling a medical support panel to reduce processing times for treatment in workers’ compensation claims from up to six weeks to a few days…
15 May 2017
Jane O’Doherty has been appointed to lead a new team bringing together the Australian Prudential Regulation Authority’s governance, operational and insurance risk specialists…
08 May 2017
The NSW Government has released a long-term plan to mitigate flooding in the Hawkesbury-Nepean Valley…
08 May 2017
The Victorian Government will remove a 10% stamp duty on agricultural insurance products, making it more affordable for farmers to cover crops, livestock and machinery…
08 May 2017
Insurers and brokers are reviewing draft Treasury regulations that impose levies to fund the Australian Securities and Investments Commission…
08 May 2017
New Zealand’s Taxpayers’ Union has attacked a 40% rise in insurance levies to fund the new national emergency service, echoing the claim that policyholders are unfairly penalised…
08 May 2017
NSW has added a mental health and resilience component to its police force’s reconditioning, rehabilitation and fitness program…
01 May 2017
Insurance & Care NSW has selected EML as its sole workers’ compensation agent for new claims from next January 1…
01 May 2017
Insurance company CEOs have signed a declaration vowing they will not apply the emergency services levy on NSW policies after its required removal in July…
01 May 2017
Security experts will discuss current and emerging threats at the Terrorism Risk Insurance Seminar on October 5…
01 May 2017
Most New Zealand insurers assess and manage catastrophe risk appropriately, according to a report from the nation’s central bank…
01 May 2017
An independent review has concluded Queensland’s compulsory third party insurance scheme is strong and does not require major reform…
24 April 2017
A review of consumer law has recommended applying unfair contract terms to insurance contracts – a move the insurance industry has consistently argued against…
24 April 2017
NSW Emergency Services Levy Insurance Monitor Allan Fels has called a public inquiry requiring companies to explain how they calculate property premiums and outline their plans for removing the levy…
24 April 2017
The move to a property-based emergency services funding regime in NSW on July 1 will level the playing field for owners’ corporations, according to Strata Community Insurance MD Paul Keating…
24 April 2017
General insurance was described as “a stitch-up” during two days of public hearings in the ongoing Senate inquiry into the industry…
24 April 2017
The Australian Securities and Investments Commission is seeking feedback on a proposed financial services panel responsible for determining if errant individuals should be banned from the industry…
24 April 2017
The National Transport Commission wants help defining the terms “control” and “proper control” in road rules relating to automated vehicles…
24 April 2017
The Australian Securities and Investments Commission has signed a co-operation deal with Indonesian financial services regulator Otoritas Jasa Keuangan to promote financial services innovation…