Regulatory & Government
19 September 2011
New Zealand’s Financial Markets Authority says it will give priority to situations where large numbers of investors are at risk of loss, where there is evidence of intentional unlawful behaviour…
12 September 2011
Victorian Deputy Premier and Emergency Services Minister Peter Ryan says the Government is committed to abolishing the state’s fire services levy…
12 September 2011
The NSW Government expects to raise $754 million in stamp duty from insurance contracts in the current financial year…
12 September 2011
The House of Representatives inquiry into the insurance industry’s response to disasters has expanded its public hearing schedule to the Queensland centres of Toowoomba and Innisfail…
12 September 2011
The Senate Economics Committee’s report into state government insurance and the flood levy following this year’s Queensland floods has again been delayed…
12 September 2011
The New Zealand Earthquake Commission is to sell $NZ3.1 billion ($2.4 billion) of NZ Government bonds to the Debt Management Office…
05 September 2011
Both general and life insurers have been swept up in the Australian Securities and Investments Commission’s new paper on financial services advertising…
05 September 2011
Delays and confusion over flood cover feature in submissions from Victorian shire councils to the parliamentary inquiry into the insurance industry’s response to natural disasters…
05 September 2011
Insurance industry submissions to the parliamentary inquiry into the insurance industry’s response to natural disasters have rejected the concept of legislated timeframes for handling disaster claims…
05 September 2011
Attorney-General Robert McClelland told an emergency management conference last week that all levels of government need to “pull their socks up” when it comes to disaster mitigation, education…
05 September 2011
The Productivity Commission will hold an inquiry into the Government-owned Export Finance and Insurance Corporation…
29 August 2011
The draft Future of Financial Advice legislation announced this morning hasn’t thrown up too many surprises, with the two-year opt-in period included and commissions on group life insurance…
29 August 2011
Changes to the Insurance Contracts Act to allow the adoption of a single definition of flood are likely to be introduced into Federal Parliament later this year, according to Insurance Council of Australia…
29 August 2011
Brokers are furious over the Victorian Government’s lack of response to their concerns raised over a decision to raise fire service levies in regional areas by 30%, according to risk expert and industry…
29 August 2011
The House of Representatives inquiry into the insurance industry’s response to extreme weather events will hold public hearings in Queensland next month…
29 August 2011
The New Zealand Accident Compensation Corporation has appointed former Axa NZ CEO Ralph Stewart as its new CEO, effective from September 19…
29 August 2011
The Canterbury Earthquakes Royal Commission will begin public hearings in Christchurch on October 17…
29 August 2011
The Insurance Council of Australia has been invited to take part in the Federal Government’s tax forum in October…
22 August 2011
Voting on the Federal Government’s Future of Financial Advice legislation is on a knife-edge, according to information gathered from independent MPs by insuranceNEWS.com.au late last week…
22 August 2011
Delays in settling insurance flood claims mean that costs are transferred from insurers to the public sector, according to a submission to the House of Representatives inquiry into the industry’s…