16 October 2023
The NSW Government has introduced greater fines and maximum prison time for manufacturers found breaching Work Health and Safety regulations relating to silica and asbestos protection...
16 October 2023
The NSW Parliament has passed legislation that sets out icare’s obligations and provides Treasury with powers to support improved transparency...
16 October 2023
The Auckland High Court has penalised Vero New Zealand $NZ3.9 million over broken discount promises made to thousands of customers, in proceedings lodged by the Financial Markets Authority...
16 October 2023
A mandatory data breach notification scheme for government agencies is to be introduced in Queensland, and privacy laws in the state will be strengthened...
16 October 2023
The NSW and Federal governments have announced a jointly funded $260 million project to help rebuild critical infrastructure in areas across the state that have been damaged by natural disasters in the past three years...
16 October 2023
The Australian Prudential Regulation Authority has published new updated insurance-related frequently asked questions on the Australian Accounting Standards Board collections...
09 October 2023
Assistant Treasurer and Financial Services Minister Stephen Jones will be the keynote speaker at the Insurance Council of Australia Annual Conference on Thursday...
09 October 2023
Business NSW says further reforms, including increased oversight and better claims management, are needed to fix the state workers’ compensation scheme...
09 October 2023
The Financial Accountability Regime will come into force on March 15 2025 for the insurance and superannuation industry...
09 October 2023
The Queensland Government has launched a week-long initiative to help educate and remind its residents of the importance of protecting themselves against the impacts of severe weather...
02 October 2023
Assistant Treasurer Stephen Jones has returned from a trip to Europe with Australia’s insurance leaders with a “strong message” from reinsurers to prioritise mitigation...
02 October 2023
Tasmania is scrapping a levy on business insurance policies as part of an emergency services funding overhaul of arrangements described as “complex, unfair and unsustainable”...
02 October 2023
Australia’s inaugural National Disaster Preparedness Summit wrapped up last week in Canberra as the country gets ready for the bushfire season, one that has been forecasted to be more fiery than the last few years because of El Nino...
02 October 2023
The Reserve Bank of New Zealand has released a full set of legislative proposals, which include introducing a breach reporting regime and a wider range of enforcement tools, as it looks to become a more proactive insurance regulator...
25 September 2023
The Australian Government says it has coordinated assistance for law firm HWL Ebsworth for 16 weeks after it reported a cyber-incident in May that compromised the data of hundreds of motor injury insurance claimants, as well as a large number of private sector clients and 65 public entities...
25 September 2023
The Insurance Council of Australia says last week’s NSW state budget was a “missed opportunity” to cut insurance taxes and encourage greater uptake of cover...
25 September 2023
The New Zealand Government will provide $15 million to help raise 200 homes at risk of flooding for the North Island coastline community of Tairawhiti Gisborne...
25 September 2023
The Australian Prudential Regulation Authority has given insurers a four-week extension to submit insurance data for the September and December quarters...
18 September 2023
Insurance Council of Australia representatives will join Federal Assistant Treasurer Stephen Jones in London and Munich this week in a high-level dialogue with global sector leaders described as the first of its kind...
18 September 2023
The Insurance Commission of WA says it is working with just over 300 motor injury insurance claimants affected by a cyber attack earlier this year...