20 July 2015
Mutual insurers face unnecessary compliance expenses because of technical legal costs that are not applied to general and life risk products, the mutual for McDonald's food chain franchisees has told the Senate…
20 July 2015
The Queensland Government has introduced new legislation to soften its workers’ compensation laws…
20 July 2015
Australian insurers will issue more contingent capital securities due to the country’s regulatory approach, a new report by Moody’s says…
13 July 2015
CGU Insurance and its wholly owned underwriting agency Accident and Health International will refund more than $2 million in payday loan consumer credit insurance premiums and fees…
13 July 2015
Truck driving is Australia’s “deadliest profession”, with the industry currently experiencing a safety crisis, the Transport Workers’ Union has told a Senate inquiry into road safety…
13 July 2015
New Zealand’s Earthquake Commission has renegotiated its $NZ4.5 billion ($4.07 billion) reinsurance program…
13 July 2015
Marsh has warned its clients that “marked” rises in NSW workers’ compensation premiums may result from reforms that took effect this month…
13 July 2015
The Reserve Bank of New Zealand has announced a new two-tier regulatory system that aims for closer oversight of insurers…
13 July 2015
The SA Government has called for expressions of interest from insurers seeking inclusion in the forthcoming privatised compulsory third party motor insurance market…
13 July 2015
The Reserve Bank of New Zealand wants feedback on its proposals for insurers’ reporting of foreign business…
06 July 2015
Mutual insurers and member-owned businesses drive competition and provide a remedy when the market fails, Regis Mutual Management has told a Senate inquiry…
06 July 2015
The Federal Government has allocated $29.9 million to help farmers evaluate and buy crop insurance…
06 July 2015
Allegations that discounter One Big Switch misled consumers are being investigated by the Australian Securities and Investments Commission…
06 July 2015
The Insurance Council of New Zealand is “broadly supportive” of proposed changes to the Earthquake Commission that would see insurers take the lead in handling claims…
06 July 2015
WorkCover NSW’s new rewards-based model will limit premium increases for the next two years, according to WorkCover Insurance Director of Underwriting Jason McLaughlin…
06 July 2015
Drivers using their own vehicles for commercial purposes via ride-sharing operations such as Uber should pay increased compulsory third party premiums, according to the Insurance Council of Australia…
06 July 2015
The new SA workers’ compensation scheme came into effect last week with the State Government saying it delivers some of the biggest changes in more than 25 years…
06 July 2015
The Australian Reinsurance Pool Corporation has appointed three new board members…
06 July 2015
The Reserve Bank of New Zealand has completed two insurer data-collection trials, bringing the process a step closer to introduction…
06 July 2015
The Australian Prudential Regulation Authority has released an information paper on prudential considerations and key principles for outsourcing of shared computing services, including cloud storage…