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Regulatory & Government

Time for a hazard protection code on new builds: ICA

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...

Mental health a 'small but growing claims area'

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...

Authority appoints fire safety engineer

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...

NZ fire levy reform delayed by COVID focus

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...

Code committee issues breach guidance

06 July 2020

The General Insurance Code Governance Committee has published a guidance note to assist subscribers with the reporting of significant breaches...

Motor group proposes excess waiver for crash repairs

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...

Canberra steps in with $50 million aid for insurance-hit production sector

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...

WA follows NSW with virus cover change

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...

Bushfires inquiry turns focus to local governments

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...

Queensland freezes WorkCover premiums

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...