Victorian injury laws set for shake-up
21 September 2015
Victoria is a step closer to introducing injury law reforms after a second reading of the Wrongs Amendment Bill 2015 in the State Parliament last week…
Regulatory & Government
SA workers’ comp scheme makes gains amid overhaul
21 September 2015
ReturnToWorkSA has hailed improved outcomes for employers and employees following “a very big year” for the state’s revamped work injury scheme…
Firefighters gain stronger workers’ comp protections
21 September 2015
Queensland firefighters who develop cancers and other diseases can more easily access compensation under new laws passed by the State Parliament last week…
APRA targets culture and remuneration
21 September 2015
The Australian Prudential Regulation Authority has flagged more scrutiny of culture and remuneration in financial services organisations, and has set up a team to examine these issues…
US terrorism pool an ‘unqualified success’
14 September 2015
The US Terrorism Risk Insurance Act has brought stability, affordability and availability to the US terrorism cover market, according to a new study from the Insurance Information Institute…
Committee split on Queensland workers’ comp reform
14 September 2015
Queensland’s workers’ compensation scheme faces significant reform if proposed legislation is passed…
SA council insurance schemes come under fire
14 September 2015
The SA Auditor-General has identified “key shortcomings” in the management of the state’s local government insurance schemes…
Government calls for feedback on ASIC capabilities
14 September 2015
Treasury is seeking submissions on the Australian Securities and Investments Commission’s capabilities…
ICA calls for clarity in unfair contract terms revamp
14 September 2015
Small business insurance contracts should be explicitly prescribed as exempt from unfair contract terms protections, the Insurance Council of Australia says…
NZ homeowners ask court to rule on EQC impasse
14 September 2015
Lawyers for more than 100 Christchurch homeowners have delivered a letter to the Earthquake Commission outlining a group action seeking declarations from the High Court…
NZ reform benefits ‘will take years’ to flow
14 September 2015
New Zealand’s Financial Markets Authority believes it may take five years before the full benefits of its new regulatory regime are felt…
Reinsurance pool sets its objectives
07 September 2015
The Australian Reinsurance Pool Corporation’s corporate plan to 2019 highlights its key economic role in the event of a terrorist attack…
Search begins for new disability scheme board
07 September 2015
The terms of National Disability Insurance Agency board members expire next June 30, and Assistant Minister for Social Services Mitch Fifield says the search for fresh talent has begun…
Work safety agency updates ‘deemed” disease list
07 September 2015
Safe Work Australia has updated its list of work-related diseases and health dangers, to guide people involved in prevention work or compensation…
Product bans an extreme case: ASIC
07 September 2015
The Australian Securities and Investments Commission will ban products only as a last resort, according to Chairman Greg Medcraft…
Weak governance dogs NZ industry
07 September 2015
New Zealand’s Financial Markets Authority will step up its surveillance efforts to combat weak governance in companies…
ASIC targets vertically integrated advisers
07 September 2015
The Australian Securities and Investments Commission will scrutinise vertical integration in banks over the next financial year…
NSW Uber users exposed: ICA
31 August 2015
The Insurance Council of Australia says NSW drivers and passengers of ride-hailing services such as Uber may find themselves exposed after accidents…
Tax reform would bring ‘$36 billion protection boost’
31 August 2015
Abolishing state and territory taxes on insurance would add $36 billion to the nation’s home building and contents protection pool, according to research from the Insurance Council of Australia…
Bhatia starts new role with NSW insurance scheme
31 August 2015
Former Lumley General Insurance CEO Vivek Bhatia has been named CEO of Insurance & Care NSW – the State Government’s leading insurance scheme under workers’ compensation reforms that take effect tomorrow…