20 February 2017
The owner of a NSW hospitality business must pay a three-year “avoided premium penalty” of $18,000 for failing to cover her workers’ compensation liabilities, the State Insurance Regulatory Authority says…
20 February 2017
The Insurance Commission of WA is seeking expressions of interest from medical experts and health professionals to join its Catastrophic Injuries Support Scheme…
20 February 2017
New Zealand’s Financial Markets Authority has listed seven priority oversight areas for the next three years…
13 February 2017
The Australian Prudential Regulation Authority has rejected industry protests and will go ahead with a plan to provide additional statistics on general insurance in expanded industry and institutional level reports…
13 February 2017
Australian Prudential Regulation Authority (APRA) Chairman Wayne Byres says financial businesses must resist the temptation to spend on “shiny new toys” for customers at the expense of improved back-office technologies…
13 February 2017
New Zealand’s Earthquake Commission has named Sid Miller as CEO, effective from today…
13 February 2017
The Insurance Council of Australia is concerned about an “increased compliance burden” should Canberra implement articles 12-14 of an OECD treaty designed to address tax avoidance by multinationals…
13 February 2017
New Zealand’s Canterbury Earthquake Recovery Authority struggled with a less defined role once the Christchurch emergency response ended, and was overly optimistic in its communications, an Auditor-General’s review has found…
13 February 2017
Australian Reinsurance Pool Corporation Chairman Joan Fitzpatrick has announced she will not seek reappointment when her term expires at the end of June…
06 February 2017
Every breach of Australia’s zero-tolerance policy on asbestos imports should be punished, the Asbestos Safety and Eradication Agency says…
06 February 2017
Pre-budget submissions for the next financial year have urged Canberra to increase disaster mitigation funding as part of a long-term strategy…
06 February 2017
Proposed rules to give consumers more control over their data may have repercussions for underwriters, the Insurance Council of Australia warns…
06 February 2017
WorkCover Queensland has urged insurance brokers to ensure clients are covered for workplace injuries as it adopts a sharper compliance focus…
06 February 2017
The Australian Securities and Investments Commission says its compliance and monitoring will be improved through investment in Big Data technology and an infrastructure overhaul…
06 February 2017
The Insurance Council of Australia says organisations trialling highly automated vehicles should have at least $20 million in public liability insurance…
06 February 2017
The NSW Government is implementing reforms to its builders’ warranty scheme, including phasing out broker commissions…
06 February 2017
The Financial Markets Authority in New Zealand has released the final version of its conduct guide…
30 January 2017
The Australian Securities and Investments Commission will allow fintechs to market-test new services without holding a licence – a move that has sparked protests from consumer groups…
30 January 2017
The NSW Government is considering a recommendation to replace a 70-year-old insurance claims law that has caused uncertainty over liability cover for directors and officers…
30 January 2017
An industry-funded compensation scheme of last resort is not the answer to improving the dispute resolution framework, according to the Insurance Council of Australia…