Regulatory & Government
09 September 2024
Cyclone reinsurance pool average annual losses would increase by $20-$35 million if the cover period was extended to seven days after an event, research requested by the Assistant Treasurer shows...
09 September 2024
A Victorian man who ran a car detailing business while receiving injury support payments has been fined for defrauding the state workers’ compensation scheme...
09 September 2024
WA will next month begin public consultations on a review of state strata legislation after major reforms were introduced four years ago...
09 September 2024
The Insurance Council of New Zealand has backed calls to speed up adaptation to climate change, after a report found action so far lacks the scale or pace required...
02 September 2024
The second round of Disaster Ready Fund allocations will back 164 projects aimed at improving resilience and preparedness for natural catastrophes...
02 September 2024
The Tasmanian government has opened a tender for insurers to provide home warranty cover under a new scheme that it expects will take effect next year...
02 September 2024
The Australian Prudential Regulation Authority has made structural changes in a bid to ensure it can handle emerging and future challenges...
02 September 2024
A WA builder has admitted breaching home building contract laws after he started three jobs without mandatory insurance, leaving a property owner with more than $132,000 in costs...
02 September 2024
The Australian Reinsurance Pool Corporation has released its annual corporate plan outlining priorities for the cyclone and terrorism pools through to 2027-28...
26 August 2024
The Australian Securities and Investments Commission says the industry has been “put on notice” after it listed the handling of weather-related claims as one of several focus areas...
26 August 2024
New Zealand’s High Court has ordered former CBL Corporation MD Peter Harris to pay a $NZ1.4 million ($1.3 million) penalty for continuous disclosure and misleading conduct breaches...
26 August 2024
The NSW government has called for more action on greenhouse gas emissions amid warnings the state will face more fire risk days as climate change advances...
26 August 2024
The Queensland Reconstruction Authority has released a report targeting improved disaster responses after a record 13 events in the 2023-24 season...
19 August 2024
Suncorp says data on Queensland’s compulsory third party arrangements “points to a scheme in need of reform”, with the company’s market share to grow following last year’s withdrawal of RACQ Insurance...
19 August 2024
The federal government wants to “reset” the Consumer Data Right regime and is consulting on proposed changes to its consent and operational rules...
19 August 2024
Issues around workmanship and building quality need to be addressed as the NSW government reviews its loss-making Home Building Compensation Fund, the Insurance Council of Australia says...
19 August 2024
Hire e-scooters will be banned from Melbourne's CBD after the City of Melbourne moved to cancel its contracts with operators Lime and Neuron...
19 August 2024
The prudential regulator has urged insurers to check for gaps in their cyber controls amid an “evolving and escalating” threat landscape...
12 August 2024
Queensland should remove advertising restrictions on personal injury law services and ensure gig workers are included in the workers’ compensation scheme, the legal profession says...
12 August 2024
Two Victorian Building Authority employees have been charged with criminal offences relating to the assessment of builder registrations in exchange for a financial benefit...