Regulatory & Government
23 May 2016
The move to “sum insured” cover for New Zealand home insurance policies over the past five years may have resulted in up to 85% of the country’s homes being underinsured by an average of 28%, according to the NZ Treasury…
23 May 2016
The Senate inquiry into non-conforming building products has highlighted a “serious breakdown” in regulation and oversight…
23 May 2016
ReturnToWorkSA Chairman Jane Yuile has announced the organisation will keep its premium rates at 1.95% for 2016/17…
23 May 2016
Australian Securities and Investments Commission Chairman Greg Medcraft has relinquished his role as Chairman of the International Organisation of Securities Commissions…
23 May 2016
The Australian Securities and Investments Commission has suspended the financial services licence of Marigold Falconer International Limited because it does not have current professional indemnity insurance…
16 May 2016
The Insurance Council of Australia has pleaded for understanding if overcharging occurs during the phasing-out of NSW’s emergency services levy…
16 May 2016
Insurers have taken different approaches in submissions to a review of NSW compulsory third party premiums for the point-to-point transport market…
16 May 2016
The NSW Government will dedicate $83.6 million to managing its coastline in next month’s budget…
16 May 2016
Insurers oppose the New Zealand Government’s proposed reforms of the financial services industry, which include making a clear distinction between sales and advice…
16 May 2016
People with work-related injuries and the medics who treat them are being contacted by ReturnToWorkSA as part of a program to help some South Australians transition from workers’ compensation-funded services…
09 May 2016
The Federal Government has named the independent expert panel that will review the financial system’s external dispute resolution and complaints network…
09 May 2016
More than $100 million may be available for natural disaster resilience efforts after Treasurer Scott Morrison increased funding for a national program in the budget, according to the Insurance Council of Australia…
09 May 2016
The Federal Government has issued the Australian Reinsurance Pool Corporation with directions to pay it $112.5 million…
09 May 2016
The Federal Government wants submissions on proposed financial institution supervisory levies that will apply next financial year…
09 May 2016
Additional federal funding will enable further surveillance and enforcement in areas such as life insurance, financial planning, responsible lending and misconduct and breach reporting, Australian Securities and Investments Commission Chairman Greg Medcraft says…
02 May 2016
The WA Government has extended motor vehicle injury insurance coverage for people catastrophically hurt in accidents…
02 May 2016
CSIRO will establish a national climate research centre in Hobart, hosting 40 full-time scientists…
02 May 2016
The National Insurance Brokers Association has provided guidance to members on the pending abolition of the NSW emergency services levy…
02 May 2016
The Insurance Council of New Zealand says the country’s fire service funding model is “blatantly unfair” and “well out of step” with international best practice…
02 May 2016
QBE says it is working with ACT authorities to address a potential compliance breach regarding its builders’ warranty insurance operation…