Regulatory & Government
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…
18 February 2013
The Australian Securities and Investments Commission’s move to label brokers as “insurance advisers” could cause problems over the best-interests duty regulations…
18 February 2013
The Federal Government will provide $47 million toward a new Bushfire and Natural Hazards Co-operative Research Centre to build on the work of the existing centre and expand research into other natural hazards…
18 February 2013
A group of international financial regulators known as the Joint Forum is recommending a code of practice to keep the lenders’ mortgage insurance sector healthy and functional…
18 February 2013
Former SA broker Craig Horsell will be sentenced next month on dishonesty charges after the Adelaide District Court last week adjourned his case for further submissions…
18 February 2013
Ann Sherry has been appointed as the new chair for Safe Work Australia…
11 February 2013
The Insurance Council of Australia has challenged a proposal to strengthen the Australian Prudential Regulation Authority’s crisis management powers…
11 February 2013
Disaster mitigation, reform of state taxes and steps to tackle insurance affordability should all be considered in the next Federal Budget, the Insurance Council of Australia says in its submission…
11 February 2013
Victorian broker Bruce Wickett has admitted stealing more than $660,000 of clients’ money…
11 February 2013
The Federal Government’s Australian Reinsurance Pool Corporation, which administers the terrorism reinsurance scheme, has increased its retrocession cover…
11 February 2013
A review of the funding of New Zealand’s fire service has recommended the insurance levy be calculated on premiums rather than the sum insured for non-residential property…
11 February 2013
Federal Government funds towards the support of the Bushfire Co-operative Research Centre will dry up from July this year, leaving questions about future funding for research…
11 February 2013
Abolishing transactional taxes, including stamp duty on insurance, in favour of increases to payroll and land taxes would provide the South Australian Government with a much needed financial boost…