28 June 2021
Australia’s Shadow Assistant Minister for Cyber Security Tim Watts has put forward a new bill making it compulsory that companies intending to pay a ransomware demand inform the Australian Cyber Security Centre...
28 June 2021
The NSW Government has released its 2021/22 Budget, forecasting insurance duty revenue will increase $46.1 million, or 0.9%, over the four years to 2024/25...
28 June 2021
Federal Parliament has passed legislation to establish a new Financial Regulator Assessment Authority, increasing oversight of Australia’s twin-peak regulators...
28 June 2021
The Federal Government has re-appointed Zurich Australia Insurance Non-Executive Director Elaine Collins to serve another three-year term as board member of the Australian Reinsurance Pool Corporation...
28 June 2021
The Federal Government is seeking feedback on draft legislation aimed at modernising business communications...
21 June 2021
The NSW government will spend an extra $268.2 million over four years to battle bushfire, funding drones, two black hawk helicopters, strategic fire trails and upgrades to emergency equipment...
21 June 2021
The state-run Victorian Managed Insurance Authority has changed its panel of distributors for compulsory domestic building insurance following a tender process...
21 June 2021
NSW’s State Insurance Regulatory Authority is inviting public submissions relating to a statutory review of the state’s Compulsory Third Party scheme, which was introduced in 2017...
21 June 2021
The insurance industry has responded with disappointment to the Queensland Government’s 2021/22 Budget, saying it falls short of what is needed to protect the state from extreme weather events...
21 June 2021
The NSW State Insurance Regulatory Authority has appointed Petrina Casey as Executive Director of Motor Accidents Insurance Regulation...
07 June 2021
Representatives from major insurers and the Insurance Council of Australia have attended a roundtable with a Treasury-led taskforce as part of preliminary consultations on the Federal Government’s cyclone reinsurance pool...
07 June 2021
NSW state-owned insurer icare is completing consultations over a reduction in headcount and is refining workplace roles as it seeks to streamline the organisation and improve efficiency and performance...
07 June 2021
The NSW State Insurance Regulatory Authority has released its compulsory third party claims experience and customer feedback comparison report...
07 June 2021
A $2 million NSW government-funded farm risk management study has flagged some insurance-related tools for the agricultural sector to consider while dismissing the viability of using public finances to set up a farm income protection insurance market...
07 June 2021
IAG has welcomed NSW Government reforms to land use planning for flood-prone areas, which the insurer says will help to protect lives, property and infrastructure...
07 June 2021
The Reserve Bank of New Zealand calculates the final cost of its response to a cyber attack in December will be around $NZ3.5 million and says it was “over reliant” on file transfer system provider Accellion to alert it to vulnerabilities...
07 June 2021
A tax depreciation schedule can help property investors claw back thousands of dollars after natural disasters and provide some relief for many who are currently underinsured, according to BMT Tax Depreciation...
31 May 2021
Emma Curtis is to take the role of Lead Ombudsman, Insurance at the Australian Financial Complaints Authority, effective August 9...
31 May 2021
The Federal Government will finalise a response on litigation funding and class action reform proposals after completing further consultations this year...
31 May 2021
New Zealand’s Commerce Commission has extended a deadline for a decision on Aon’s merger with Willis Towers Watson until July 2...