04 December 2023
RACQ says it has “fully provisioned” for the expected cost of its ongoing pricing remediation program after the Federal Court last week penalised the motoring club’s insurance business for failing to deliver on premium discounts that had been promised to customers...
04 December 2023
Insurance Council of Australia CEO Andrew Hall has delivered a six-point recommendation to NSW Planning and Environment Committee Chair Sue Higginson, calling for renewed actions on natural hazard resilience...
04 December 2023
Building Commission NSW has launched today, marking an expansion in the State Government’s efforts to enforce quality and standards control in the construction industry...
04 December 2023
The Federal Government has invited individuals, businesses and community groups to provide viewpoints on priorities for next year’s federal budget...
27 November 2023
Insurers should introduce “immediate and enduring” increases in resourcing of claims and complaints resolution teams, the Australian Financial Complaints Authority says...
27 November 2023
The Australian Securities and Investments Commission says insurance claims handling is one of its new enforcement priorities for 2024...
27 November 2023
The Australian Government will create a “ransomware playbook” with clear guidance on how to manage ransom demands as part of a new long-term strategy to beef up the nation’s cyber security...
27 November 2023
The Australian Financial Complaints Authority says the number of complaints made to the scheme by Aboriginal and Torres Strait Islander peoples rose 13% last financial year and there was a disproportionately high level of issues around hardship...
27 November 2023
The Australian Prudential Regulation Authority is seeking feedback on a new cross-industry standard to centralise the regulator’s existing standards on definitions...
20 November 2023
Federal Assistant Treasurer and Financial Services Minister Stephen Jones says the NSW Government’s plan to remove the Emergency Services Levy from insurance policies is a long overdue reform...
20 November 2023
The Federal Government has proceeded to implement the first phase of its response to the Quality of Advice Review final report...
20 November 2023
The NSW Government will implement new laws to boost the ability of the state's building commission to tackle poor industry practices...
20 November 2023
A New Zealand law change that doubled the home building insurance cap under the EQCover scheme to $NZ300,000 has fully rolled through...
13 November 2023
Ports operator DP World Australia says it is working closely with national cyber security experts and the Federal Government following an incident that has disrupted freight movement at its terminals...
13 November 2023
The Australian Securities and Investments Commission has urged organisations to strengthen cyber security capabilities after its report found “significant gaps” in safeguards across businesses...
13 November 2023
The Australian Lawyers Alliance is calling for a detailed review of insurance and regulation options for e-scooters...
13 November 2023
The ACT Government has released its latest Bushfire Operations Plan, outlining its agenda to strengthen the territory’s bushfire protection and prevention...
06 November 2023
Australia’s financial regulators will next month appear before the first hearing scheduled as part of the federal parliamentary inquiry into insurers’ responses to major floods claims last year...
06 November 2023
The Federal Government is “urgently” investigating options to extend professional indemnity insurance and the Midwife Professional Indemnity Scheme for intrapartum care outside of a hospital setting provided by endorsed midwives...
06 November 2023
The Federal Court has approved a Catholic Church Insurance arrangement to provide for the “orderly” payment of claims in the event that it faces the risk of insolvency...