Regulatory & Government
09 March 2020
The Bushfire and Natural Hazards Co-operative Research Centre is hopeful efforts to secure a new round of finance will be successful and ensure its future when the terms of its current funding end in June 2021…
09 March 2020
Twelve motorists have been prosecuted in WA for providing false and misleading information in relation to motor-injury insurance claims…
09 March 2020
Attorney-General Christian Porter will refer the litigation funding of class actions and their regulation to a Federal Parliamentary committee inquiry…
09 March 2020
The South Australian Council of Social Service is calling on the state government to give consumers relief from tax on premiums to help households take up insurance…
09 March 2020
NSW state insurer icare says it is taking action to provide earlier premium notices and to prevent inaccuracies as it pursues performance improvements following recommendations from the State Insurance Regulatory Authority and a customer advocate report…
02 March 2020
Data breaches increased 19% to 537 in the second half of last year, compared to the first six months, with malicious or criminal attacks accounting for almost two-thirds of incidents, a regulatory report shows...
02 March 2020
The Australian Securities and Investments Commission has pledged to use its regulatory powers to provide interim protection for Australians affected by the recent bushfires as it waits for claims-handling reforms that are due in 13 months...
02 March 2020
NSW state insurer icare has defended the accuracy of its return-to-work data after being reprimanded by the regulator...
02 March 2020
About 61% of the premiums collected through Queensland’s compulsory third party scheme covered claimant benefits in the last financial year, according to the scheme’s regulator...
02 March 2020
The Australian Law Reform Commission has dropped proposals it drafted in November aimed at increasing individual liability on insurers and other financial services industries...
02 March 2020
The Australian Prudential Regulation Authority plans to publish climate change financial risk guidance by the end of the year and has called on firms to provide “market-useful” information on how they are managing the risks...
02 March 2020
A special review of the NSW Home Building Compensation Fund has included in its final terms of reference an investigation into insurers' participation in the loss-making scheme...
24 February 2020
A NSW bill that would require practising engineers to be registered is being supported by the Insurance Council of Australia...
24 February 2020
NSW state insurer icare wants to introduce a "fee for outcome" system that would remunerate service-providers on the rehabilitation or return to work outcomes of injured workers...
24 February 2020
The Federal Government has made access to the national bushfire construction standard free of charge until June 30 next year...
24 February 2020
New Zealand has released eligibility criteria for financial assistance to help apartment and unit owners meet earthquake-prone building remediation costs...
24 February 2020
QBE will start offering NSW workers' compensation claims management services to the scheme's largest customers from May 1 under reforms to improve choice...
24 February 2020
Proposed changes to the corporate criminal responsibility regime could "add complexity to individual liability" in areas where the Banking Executive Accountability Regime applies, the Insurance Council of Australia has warned in a submission...
17 February 2020
Suncorp has warned small businesses and local trades people involved in disaster recovery could be sidelined by proposed claims-handling reforms...
17 February 2020
NSW state insurer icare says return to work rates and liability decision timeliness have improved after it took action to lift performance...