16 November 2015
The Queensland Government is “considering options” for implementing the National Injury Insurance Scheme, and has committed to providing “reasonable and necessary care and support for people catastrophically injured in road traffic crashes, irrespective of fault”…
16 November 2015
An organisation’s culture cannot be regulated, and must instead be generated internally, Australian Prudential Regulation Authority Chairman Wayne Byres says…
16 November 2015
New Zealand’s Earthquake Recovery Minister Gerry Brownlee says he is doubtful about handing over Earthquake Commission claims to private insurers…
16 November 2015
The NT Government has been urged to expand the number of contractors included in warranty schemes and compensation provisions for the Territory’s residential home-building industry…
16 November 2015
The New Zealand Government has confirmed that urban and rural fire services will be merged into one organisation that will continue to be funded mainly through levies on insurance policies…
16 November 2015
The Higher Loss Absorbency Requirements developed for global systemically important insurers are expected to be endorsed by G20 finance ministers in Turkey today…
16 November 2015
The Insurance Council of New Zealand has called for changes to the Earthquake Commission Act so private insurers can assess claims first…
09 November 2015
The Australian Prudential Regulation Authority will scrutinise remuneration in insurance companies as it tackles corporate culture…
09 November 2015
The Victorian Ombudsman has begun an investigation into workers’ compensation claims management in the state following a rising number of complaints…
09 November 2015
The Australian Securities and Investments Commission says it supports the move towards “robo-advice”…
09 November 2015
The Insurance Council of Australia has backed a draft proposal limiting where Victorian tow operators can take vehicles for repair…
09 November 2015
The Australian Securities and Investments Commission will not increase its surveillance of advisers providing “general advice” this financial year…
09 November 2015
Michelle Baxter has been confirmed as the CEO of Safe Work Australia, having served in the role on a “short-term” basis for the past two years…
02 November 2015
The Australian Prudential Regulation Authority says it continues to monitor adverse claims among general insurers and the impact of low interest rates on investment portfolios…
02 November 2015
A number of insurers have shown interest in the WA Government’s plan to turn over underwriting of home indemnity cover to the private sector…
02 November 2015
Funeral insurance premiums tend to rise steeply for the over-50s and many people cancel policies in the first few years, losing the benefit of premiums already paid, according to a damning report from the Australian Securities and Investments Commission…
02 November 2015
The New Zealand Bankers Association says proposed changes to the Earthquake Commission’s natural disaster insurance scheme are not in the best interests of homeowners or banks…
02 November 2015
The Australian Securities and Investments Commission has ordered Westpac to refund up to $8 million to clients who were sold loan protection insurance they may not have needed…
02 November 2015
The Australian Prudential Regulation Authority will abolish the mandatory annual peer review of the appointed actuary’s insurance liability valuation report for general insurers…
26 October 2015
The Turnbull Government has accepted most Financial System Inquiry recommendations, which will be implemented “in stages over the coming years”, according to Treasurer Scott Morrison…