13 November 2023
Ports operator DP World Australia says it is working closely with national cyber security experts and the Federal Government following an incident that has disrupted freight movement at its terminals...
13 November 2023
The Australian Securities and Investments Commission has urged organisations to strengthen cyber security capabilities after its report found “significant gaps” in safeguards across businesses...
13 November 2023
The Australian Lawyers Alliance is calling for a detailed review of insurance and regulation options for e-scooters...
13 November 2023
The ACT Government has released its latest Bushfire Operations Plan, outlining its agenda to strengthen the territory’s bushfire protection and prevention...
06 November 2023
Australia’s financial regulators will next month appear before the first hearing scheduled as part of the federal parliamentary inquiry into insurers’ responses to major floods claims last year...
06 November 2023
The Federal Government is “urgently” investigating options to extend professional indemnity insurance and the Midwife Professional Indemnity Scheme for intrapartum care outside of a hospital setting provided by endorsed midwives...
06 November 2023
The Federal Court has approved a Catholic Church Insurance arrangement to provide for the “orderly” payment of claims in the event that it faces the risk of insolvency...
06 November 2023
The Victorian Government has introduced a bill into Parliament to revamp the state workers’ compensation scheme following rising financial pressures and increasing claims from mental health issues...
06 November 2023
General insurance accounted for 28% of breach reports submitted to the Australian Securities and Investments Commission, beaten only by credit product lines’ 32% during the 12 months to June 30...
06 November 2023
The Australian Securities and Investments Commission has commenced civil penalty proceedings in the Federal Court alleging Telstra Super failed to meet internal dispute resolution requirements...
06 November 2023
The Insurance Council of Australia has welcomed new legislation from the NSW Government to establish emission reduction targets but says “more needs to be done” to address future weather risks...
06 November 2023
RAC Insurance has been ordered to put up an additional $20 million capital requirement and the measure will stay in place until the Australian Prudential Regulation Authority is satisfied existing governance issues have been addressed...
06 November 2023
The NSW Government has announced a $50 million commitment for Central West communities to help rebuilding efforts and improve flood mitigation...
06 November 2023
The Financial Markets Authority has again urged financial services providers to prioritise cyber resilience, reminding them it’s mandatory to notify the regulator of any material breaches...
30 October 2023
The NSW Government says it has taken action to prevent the construction of new housing developments in some areas at high risk of flooding in the Hawkesbury-Nepean Valley west of Sydney...
30 October 2023
General insurance complaints jumped 50% to 27,924 in the year to June, with claim handling delays again the top issue complained about at 28% of the total, the Australian Financial Complaints Authority says...
30 October 2023
Safe Work Australia has called on governments to ban the use of all engineered stone products “irrespective of crystalline silica content” on advice to help protect workers from dust-related diseases such as silicosis...
30 October 2023
New Zealand’s Serious Fraud Office says a leave to appeal application has been filed after the High Court last month found former CBL Insurance CEO Peter Harris and CFO Carden Mulholland not guilty on criminal charges...
30 October 2023
New Zealand’s Toka Tū Ake EQC is seeking feedback for the agency’s draft Code of Insured Persons’ Rights initiative, which aims to set expectations for fair and timely management and settlement of claims under the country’s natural hazard insurance scheme...
23 October 2023
The State Insurance Regulatory Authority says NSW workers’ compensation scheme return-to-work rates have stabilised and should improve as icare’s new claims management model gains traction...