WorkCover Queensland welcomes new boss
12 December 2016
Bruce Watson will replace Tony Hawkins as CEO of WorkCover Queensland from January 1…
Regulatory & Government
ASIC forum looks to the future
12 December 2016
The 22nd Australian Securities and Investments Commission Annual Forum will be held from March 20-21 at the Hilton in Sydney…
Ipswich to hold vehicle automation tests
05 December 2016
Queensland will host Australia’s largest on-road trial of driverless and connected vehicle technology over the next four years, the State Government has announced…
SA broker banned over premium funding misuse
05 December 2016
The Australian Securities and Investments Commission has permanently banned a former SA broker for funnelling loan funds into his own account…
RBNZ review offers insurer solvency insights
05 December 2016
The Reserve Bank of New Zealand has published its review of insurers’ solvency returns for the 2015 financial year…
NIBA fights for brokers on HBCF reform
05 December 2016
The National Insurance Brokers Association is pushing for a meeting with NSW Minister for Innovation and Better Regulation Victor Dominello over proposed reforms to the Home Building Compensation Fund…
ASIC suspends licence over report failure
05 December 2016
The Australian Securities and Investments Commission has suspended the licence of Group Underwriters and Managers after it failed to lodge audited accounts for three years…
NIBA makes case for life brokers
05 December 2016
Life risk brokers “act for and on behalf” of clients, providing critical support in understanding and obtaining cover, the National Insurance Brokers Association says in a submission to a parliamentary inquiry…
Submissions open on home and motor comparator plan
28 November 2016
The Senate has called for submissions on setting up an independent home and car insurance comparison website, as part of its inquiry into the industry…
O’Dwyer introduces adviser professional standards legislation
28 November 2016
The Federal Government has introduced to Parliament legislation covering education and professional standards for financial advisers…
Manning turns up heat on NZ fire levy
28 November 2016
Insurance tax campaigner and LMI Group MD Allan Manning says New Zealand should reconsider its fire services levy following the latest series of earthquakes…
Feedback sought on driverless car cover
28 November 2016
The National Transport Commission is seeking feedback on insurance for automated vehicle trials, as developers seek to fine-tune the cars for Australian conditions…
ASIC says regtech offers ‘enormous potential’
28 November 2016
The Australian Securities and Investments Commission will host a round table in February to discuss opportunities for the financial services sector from regulation technology…
ACCC’s first self-assessment finds room to improve
28 November 2016
The Australian Competition and Consumer Commission has vowed to improve its external communication following the release of its first self-assessment report card…
ASIC bans ‘dishonest’ Perth broker
21 November 2016
The Australian Securities and Investments Commission has permanently banned former Phoenix Insurance Brokers director Sergio Amaranti for taking money from the company’s trust account…
Pick up the phone, ICA urges APRA
21 November 2016
The Insurance Council of Australia says the industry regulator should ease off using formal letters and instead pick up the phone or meet insurers face-to-face to resolve issues…
Funding scheme to tackle NSW workplace, road injury
21 November 2016
The NSW Government has set up a $100 million foundation to fund programs aimed at preventing injury and improving the wellbeing of people hurt at work or on the road…
ESL monitor vows ‘close scrutiny’ of insurers
21 November 2016
Insurers’ claims of profit erosion will be rigorously monitored as NSW prepares to switch to a property-based emergency services funding regime by next July 1, authorities warn…
Brokers briefed on NSW builders’ warranty reform
21 November 2016
Brokers who want to learn more about reform of the NSW builders’ warranty scheme can sign up for an Insurance & Care NSW webinar…
IAIS flags stakeholder engagement plan
21 November 2016
The International Association of Insurance Supervisors will soon announce details of a consultation on its draft stakeholder engagement plan, designed to attract consumers, academics and professional bodies…