05 December 2022
The competition watchdog has approved Innovation Holdings Australia’s proposed takeover of rival comparator iSelect, after its examination of the bid concluded the deal was “unlikely” to lead to reduced competition in the sector...
05 December 2022
Tasmanian compulsory third party premiums remained the lowest in Australia last financial year, Infrastructure and Transport Minister Michael Ferguson has told a hearing...
28 November 2022
Risk culture surveys over the past 18 months have revealed differing views on perceived risk behaviours and effectiveness of management processes, according to the Australian Prudential Regulation Authority...
28 November 2022
NSW has extended its indemnity program to cover providers of out of home care for physical and sexual abuse claims...
28 November 2022
New Zealand insurers have backed the introduction of the Local Government Official Information and Meetings Amendment Bill...
28 November 2022
Senate passage of the Financial Accountability Regime stalled last week after the Albanese Government decided not to press ahead with an amendment to include civil penalties of up to $1.1 million for individual executive breaches...
28 November 2022
Transport and logistics specialist NTI has praised recently implemented changes to WA tow truck legislation that provide protections to drivers from additional service costs...
28 November 2022
The Australian Reinsurance Pool Corporation has appointed Victoria Simpson as COO...
28 November 2022
The NSW Government has announced a $400,000 boost for its school bushfire education program to improve preparedness for future events...
21 November 2022
The Australian Financial Complaints Authority says its process of allocating general insurance complaints to the case management stage has been delayed by a “sudden and significant increase in insurance claims”...
21 November 2022
The Insurance Council of Australia has supported a Quality of Advice review proposal to continue the general insurance exemption from the ban on conflicted remuneration, while consumer groups are calling for an end to commissions...
21 November 2022
A Bushfire Resilience Star Rating App will be rolled out nationally next year following a recent pilot with the Shoalhaven community, which was severely affected by the Black Summer bushfires...
21 November 2022
The Reserve Bank of New Zealand has proposed requiring insurers to seek its approval for appointments of “relevant” officers, including CEO, director and CFO, in a consultation paper focused on improving the Insurance Prudential Supervision Act 2010...
14 November 2022
The Federal Government says it will launch a “standing operation” to investigate and disrupt the practices of cyber crime syndicates, with a focus on ransomware threat groups in the light of the Optus and Medibank data breaches...
14 November 2022
The icare board says performance incentives will be removed from executive remuneration reward arrangements following a comprehensive review to ensure its framework is “fair competitive and transparent”...
14 November 2022
The NSW Government announced today CTP Care – a program to provide long-term support for road accident survivors – will formally commence on December 1, following a pilot run that has been operating since October 2020...
14 November 2022
The Australian Law Reform Commission will host a webinar on Wednesday on proposals to develop more “user-friendly” legislation and regulation covering financial services...
14 November 2022
The Insurance Council of Australia has welcomed reforms from the WA Government requiring tow truck operators to disclose maximum towing and storage fees...
14 November 2022
The Australian Reinsurance Pool Corporation has launched a new website as it embarks on a “major strategic project” to support insurers, policyholders and other stakeholders...
07 November 2022
The Australian Securities and Investments Commissions says the industry may have to reconsider its claim handling approach as “serial” severe weather events become normal...