Victoria to remove commercial defects insurance
17 March 2014
The Victorian Government plans to remove the requirement for commercial property builders to have defects insurance…
17 March 2014
The Victorian Government plans to remove the requirement for commercial property builders to have defects insurance…
17 March 2014
WorkCover WA has increased the number of offences that can be addressed with infringement notices and modified penalties…
17 March 2014
Global developments in financial sector regulation will be on the agenda when the Australian Securities and Investments Commission holds its annual forum on March 24 and 25…
17 March 2014
The Reserve Bank of New Zealand has warned insurers to notify it “in a timely manner” of changes of relevant officers and directors…
10 March 2014
The Insurance Council of Australia supports proposed changes to the Future of Financial Advice legislation that clarify scaled advice requirements…
10 March 2014
WorkCover rules on insurers’ use of lawyers are unfair to NSW claimants and should be amended, a report by WorkCover Independent Review Officer Kim Garling says…
10 March 2014
Insurers over-collected $12.7 million in fire services levies in the final year of the Victorian charge, FSL Monitor Allan Fels says…
10 March 2014
A former Sydney financial adviser has been convicted of “tombstoning” – submitting life insurance applications in the names of dead or fictitious people…
10 March 2014
The Chinese Government has sent a delegation to Australia to review the insurance industry’s response to natural disasters…
03 March 2014
A new Australian Government Actuary study into north Queensland strata insurance will contribute to measures aimed at curbing soaring premiums, according…
03 March 2014
“Blind reliance” on catastrophe models could lead to inadequate reinsurance for natural catastrophes, Australian Prudential Regulation Authority Deputy Chairman Ian Laughlin warns…
03 March 2014
The Australian Securities and Investments Commission plans to release a report mid-year on home insurance selling after the NSW bushfires highlighted concerns about consumers…
03 March 2014
The Federal Government’s financial system inquiry should “bite the bullet” and recommend a single regulator for general and health insurance, according to Deloitte Access Economics partner Ian Harper…
03 March 2014
The ACT Government has introduced legislation to set up a no-fault insurance scheme for people who are seriously injured in car accidents in the territory…
03 March 2014
The National Insurance Brokers Association has urged the Government to clarify its position on personal advice in its revision of the Future of Financial Advice legislation…
24 February 2014
Tougher penalties are needed to deter corporate crime, according to Australian Securities and Investments Commission Chairman Greg Medcraft…
24 February 2014
The Financial Ombudsman Service operates a system to log and investigate systemic failures in companies, Chief Ombudsman Shane Tregillis says…
24 February 2014
The Reserve Bank of New Zealand has flagged a tougher approach to compliance breaches and warned government support is not guaranteed for insurers that fail…
24 February 2014
The Actuaries Institute has called for more work to prevent disaster losses as part of a holistic risk management program…
24 February 2014
WorkCover SA says new initiatives for returning people to work have driven a 15% reduction in the number of income maintenance claims extending past two weeks…