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Regulatory & Government

SIRA pushes for people-first workers’ comp scheme

22 September 2025

The NSW insurance regulator says a system-wide move to “person-centred” claims management is needed in workers’ compensation, and it will prioritise the shift in its oversight...

NZ delegation strengthens ties in London

22 September 2025

New Zealand’s Commerce and Consumer Affairs Minister Scott Simpson and the Insurance Council of New Zealand visited London last week to meet industry stakeholders...

Building surveyors support NZ liability reform

22 September 2025

New Zealand surveyors have backed a proposed shift to proportionate liability on buildings if it is accompanied by “robust” insurance and a focus on higher construction standards...

Investments lift WA state insurer

22 September 2025

The Insurance Commission of WA has reported stronger financial results in key operations, as higher claims expenses were offset by increased investment income...

ASIC extends distribution rule relief

15 September 2025

General insurance providers have been granted an extended exemption from appointing product distributors as authorised representatives...

Victoria passes construction reforms

15 September 2025

Victorian building reform legislation that is part of a broader program to improve protections passed state parliament last week...

NZ bans cover for environmental breach fines

08 September 2025

New Zealand has made it illegal for insurers to cover fines or penalties imposed for breaches of the Resource Management Act, affecting statutory liability claims...

icare lifts building scheme premiums

08 September 2025

State insurer icare has raised premium rates in three NSW Home Building Compensation Fund categories to reflect underlying risk experience...

Court puts back Eric wind-up bid

01 September 2025

The Federal Court has adjourned an application to wind up Eric Insurance to allow creditors time to consider an alternative pathway...

ASIC puts priority on premium transparency

01 September 2025

The financial services regulator will focus on premium accuracy and transparency and the use of cash settlements as part of its updated corporate plan...

Pool group to offer SME risk mitigation discounts

01 September 2025

The Australian Reinsurance Pool Corporation has set out its strategic priorities to 2029, saying it will continue working with insurers and government to make cover more affordable and communities more resilient...

Reconstruction body faces flood response probe

01 September 2025

NSW MPs have launched an inquiry into the state’s disaster recovery agency, focusing on its response to extreme weather events including east coast floods in May, Ex-Tropical Cyclone Alfred and the 2022 inundation in the Central West region...