Regulatory & Government
11 March 2013
The insurance industry must help the Federal Government find ways to make insurance more affordable, the Insurance Council of Australia regulatory update seminar has heard…
11 March 2013
The National Insurance Brokers Association is still reviewing the Australian Securities and Investments Commission’s conflicted remuneration regulatory guide…
11 March 2013
Premiums will be cut on SA’s compulsory third party scheme from July 1, under legislative changes introduced last week…
11 March 2013
The Australian Prudential Regulation Authority has clarified its expectations for insurers’ calculation of the premium liability offset…
11 March 2013
New Zealand’s Accident Compensation Corporation has named Scott Pickering of Willis as its new CEO, following the departure of Ralph Stewart last December…
04 March 2013
Accountants will be able to provide broad general insurance advice under a limited Australian financial services licence from July 1 this year…
04 March 2013
Codes of conduct for financial services bodies must meet the opt-in objectives of the Future of Financial Advice legislation to win approval, according to the Australian Securities and Investments Commission…
04 March 2013
New Zealand’s Markets Disciplinary Tribunal has again fined Insured Group for late delivery of its annual report to the country’s stock exchange…
04 March 2013
Financial planners may see their professional indemnity insurance rates rise under the Future of Financial Advice (FOFA) reforms, an Australian Securities and Investments Commission panel has heard…
04 March 2013
Insurers have welcomed proposed changes to NSW’s costly compulsory third party scheme…
04 March 2013
Several myths have arisen regarding the Future of Financial Advice reforms, the Australian Securities and Investments Commission has warned…
04 March 2013
The Financial Markets Authority in New Zealand says it will visit businesses including insurance brokers to ensure clients’ money is held in appropriate trust funds…
25 February 2013
The Federal Government’s approach to making flood insurance more affordable will be revealed before the middle of the year, according to Financial Services Minister Bill Shorten…
25 February 2013
The Australian Prudential Regulation Authority is proposing an overhaul of its general and life insurance data publications and says it wants all statistics submitted by general insurers to be non-confidential…
25 February 2013
About 80% of people are able to access flood cover in their insurance policies, but the figure should be 100%, according to the Australian Securities and Investments Commission…
25 February 2013
The Motor Accidents Authority has called for an overhaul of the NSW compulsory third party insurance scheme, to make it more efficient and affordable…
25 February 2013
The Australian Competition and Consumer Commission says it is investigating allegations of bullying and harassment against NRMA Insurance…
25 February 2013
The Queensland Government has widened the role of the state’s reconstruction authority to include improving disaster resilience…
25 February 2013
The Queensland parliamentary committee reviewing the state’s workers’ compensation scheme has had its reporting date extended to May 23…
18 February 2013
Warren Entsch, the federal MP for the north Queensland seat of Leichhardt, has called on the Federal Government to launch a catastrophe insurance pool similar to the terrorism reinsurance pool to make…