Regulatory & Government
13 July 2020
Australia’s National Construction Code is “failing the community” by not stipulating a performance outcome for protecting the property beyond the saving of lives, the Insurance Council of Australia has told a royal commission hearing...
13 July 2020
The NSW State Insurance Regulatory Authority has adopted 10 regulatory principles to inform its work as it adapts to changes including the COVID-19 pandemic...
13 July 2020
The rate of psychological injury claims among workers is increasing, with almost a third of all COVID-19 related claims lodged with icare related to mental health, the NSW state insurer says...
13 July 2020
The Victorian Building Authority has appointed Weng Poh as its Principal Fire Safety Engineer in a bid to raise the issue of fire safety among the state’s 24,000 builders, building surveyors and other practitioners...
06 July 2020
The Insurance Council of Australia "strongly supports" the findings of the draft NSW Review of Federal Financial Relations report, which recommends the abolition of all state insurance taxes...
06 July 2020
Fire and Emergency New Zealand funding reform progress will be delayed until after this year’s general election due to the Government’s focus on the COVID-19 pandemic...
06 July 2020
Angela Kelly, Lloyd’s Singapore CEO since November 2016, will relocate to Melbourne to take on the role of Chief Insurance Officer at The Victorian Managed Insurance Authority in September...
06 July 2020
The General Insurance Code Governance Committee has published a guidance note to assist subscribers with the reporting of significant breaches...
06 July 2020
New Zealand’s Financial Markets Authority has committed to reporting on the progress of key pieces of law reform such as its present insurance contract law review, including implementation dates and milestones...
06 July 2020
WorkCover WA has published a set of standards outlining new service expectations for insurers...
29 June 2020
The Motor Trades Association of Australia has proposed insurers waive consumer excess payments for authorised crash repairs as part of an SME assistance package that has received draft approval from the Australian Competition and Consumer Commission...
29 June 2020
Council chiefs have told the Royal Commission into National Natural Disaster Arrangements about their communities’ concerns about the cost and availability of insurance...
29 June 2020
The Federal Government will provide $50 million in financial aid to kick-start the local film and television production industry, where new projects have stalled since the virus outbreak in March because insurers are declining cover for COVID-19 and other pandemic-related risks...
29 June 2020
A new Victorian Government scheme to fix buildings with flammable cladding will see the original builders of affected properties rectifying their projects for cost...
29 June 2020
The WA Government has introduced a parliamentary Bill removing barriers for healthcare workers who contract COVID-19 on the job in accessing workers' compensation entitlements...
22 June 2020
The Australian Securities and Investments Commission says it is ready to use its new product intervention powers even when there have not been breaches of the law...
22 June 2020
The Insurance Council of Australia has welcomed concerns raised by the NSW Emergency Services Levy Monitor over the tax on insurance and its impact on the community...
22 June 2020
Laws making it illegal for insurance to cover workplace safety breach penalties have come into effect in NSW, making it the first state to introduce a change recommended in a national review...
22 June 2020
The royal commission into natural disaster arrangements is turning its focus to the role of local governments, with insurer submissions highlighting land use planning issues that have increased risks...
22 June 2020
The Queensland Government has frozen its workers’ compensation premium rate for another year as businesses battle to cope with the challenges of COVID-19...