03 February 2020
Australia’s much-admired “twin peaks” financial services regulatory system is about to undergo a change under draft legislation that will force the regulators to work together and share information...
03 February 2020
The Victorian Managed Insurance Authority has appointed internal candidate Andrew Davies as CEO...
16 December 2019
NSW state insurer icare has contested some aspects of a critical report that identifies the scheme’s new workers’ compensation claims model as the “primary driver” behind its deteriorating performance...
16 December 2019
The Independent Pricing and Regulatory Tribunal is reviewing the NSW home building compensation scheme, which helps property owners recover money for faulty or unfinished work if their builder can’t be pursued...
16 December 2019
NSW has again called for a dedicated insurance scheme to protect farmers and the wider agricultural sector from future droughts and other natural disasters...
16 December 2019
Victoria will introduce a levy next month to help pay for the cladding remediation works of affected high-rise buildings...
16 December 2019
A team of experts including Judith Hackitt, who led a review into UK building regulations after the Grenfell Tower fire, will convene next year to look at ways to reform Victoria’s troubled construction sector...
16 December 2019
The NSW State Insurance Regulatory Authority is consulting on compulsory third party arrangements for taxis and ridesharing services such as Uber after transitional requirements expire next December...
16 December 2019
The Australian Competition and Consumer Commission has warned tradespeople against using anti-competitive pricing following natural disasters...
16 December 2019
An early intervention program backed by claims manager EML has proved so successful at reducing costs and lost workdays for injured staff that it has been adopted by all NSW public hospitals...
09 December 2019
The Victorian Government will review the outsourcing of workers’ compensation complex claims to agents that include insurers after an Ombudsman report said the current system is delivering some results that are unjust and “downright immoral”...
09 December 2019
New Zealand will consult further on plans to remove unfair contract terms insurance exemptions as it considers aligning the rules with proposed changes in Australia...
09 December 2019
Cold call telephone sales of direct life insurance and consumer credit insurance will be banned from the middle of next month...
09 December 2019
RACQ Insurance has welcomed new laws stopping uninvited phone calls from “claim farmers” relating to car crashes, but says the new legislation does not go far enough...
09 December 2019
The NSW State Insurance Regulatory Authority is seeking injury management consultants in the workers’ compensation system and authorised health practitioners for the compulsory third party scheme...
09 December 2019
WA is preparing residents for a high-risk bushfire season with a media blitz to raise awareness, while Victoria has gone on the attack with the formation of a fleet of 50 firefighting aircraft...
02 December 2019
Claims handling will become a financial service overseen by the Australian Securities and Investments Commission from July under draft legislation released on Friday...
02 December 2019
Unfair contract terms reforms that insurers say create too much legal uncertainty and may be detrimental to consumers have been introduced to Federal Parliament...
02 December 2019
Insurance and Care NSW will give larger clients the option of working with three additional workers’ compensation claims management agents, to enhance “choice and flexibility”...
02 December 2019
State and territory governments have collected a combined $54.7 billion from insurance taxes over the past 12 financial years, according to an Insurance Council of Australia submission...