06 June 2016
The Insurance Council of Australia has told Treasury’s review of the financial institutions supervisory levies proposed for 2016/17 that regulators must improve information flows to the insurance industry…
06 June 2016
SA’s public compulsory third party insurer has put its portfolio of properties up for sale…
06 June 2016
The Australian Securities and Investments Commission has published its third report on licensing activity…
06 June 2016
National Counter Terrorism Co-ordinator Greg Moriarty will be among the headline speakers at the Global Terrorism Risk Insurance Conference in Canberra on October 6-7…
06 June 2016
WA Workcover has imposed a 1.8% increase in the amount an injured worker can receive for loss of wages…
30 May 2016
The Insurance Council of Australia and major insurers Suncorp, IAG and QBE have called for significant reform of the NSW compulsory third party scheme and a move to a hybrid no-fault model…
30 May 2016
Perth authorised representative company Winley Insurance MD Jeff Bailey resigned almost four weeks before the Australian Securities and Investments Commission (ASIC) cancelled the stricken company’s Australian financial services licence…
30 May 2016
The Insurance Council of Australia has come out strongly against proposals to extend unfair contract terms provisions to include insurance contracts…
30 May 2016
The Tasmanian Government has reneged on its commitment to reduce insurance duty on compulsory third party premiums for 2017/18…
30 May 2016
New Zealand will spend an extra $NZ6.2 million over the next four years on preparing for natural disasters…
30 May 2016
The Insurance Council of Australia has urged caution in proposed changes to Australia’s bankruptcy and insolvency laws…
30 May 2016
Queenslanders catastrophically injured in motor vehicle accidents will now have access to lifetime care and support…
30 May 2016
The Australian Securities and Investments Commission has made its public messages on corporate governance more easily accessible as part of its overall goal to encourage good company practices…
23 May 2016
Underwriting agency Mecon Insurance has refunded customers and paid costs of $20,000 after engaging in what Consumer Affairs Victoria called “price exploitation and misleading and deceptive conduct”…
23 May 2016
The Insurance Council of Australia says a hybrid no-fault compulsory third party scheme is the way forward for NSW, which is looking to reform the system…
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…