14 October 2019
The Insurance Council of Australia has voiced concerns “beneficial insurance products” could be forced to observe the four-day pause period Treasury intends to apply to all add-ons available to consumers...
14 October 2019
A SA Government cladding audit of buildings has identified 28 private residential blocks in urgent need of remediation works...
14 October 2019
The Greater Christchurch Claims Resolution Service has resolved 608 claims in its first year of operation...
07 October 2019
Financial company managers are operating outside board compliance risk appetites for months and years at a time without serious attempts made to rein them in, an Australian Securities and Investments Commission report has found...
07 October 2019
The Australian Securities and Investments Commission has opened a consultation over a proposal to apply its product intervention power to add-on products sold through car yards...
07 October 2019
A registration scheme would be set up for NSW-based design practitioners, who must also be “adequately insured” as part of the state government’s efforts to reform the troubled building industry...
07 October 2019
The NSW Government intends to lift the interim measure that allows registered certifiers to hold professional indemnity insurance with conditions...
07 October 2019
The Insurance Council of Australia has expressed support for the Australian Accounting Standards Board’s submission over draft changes to a new accounting rule...
07 October 2019
Insurance & Care NSW has announced the contenders for its Care and Service Excellence Awards...
07 October 2019
The Australian Prudential Regulation Authority has created a separate insurance division to be led by Brandon Khoo as part of a shake-up of the regulator’s structure following the Hayne royal commission...
07 October 2019
Former UK Treasury deputy director Clare Bolingford will start in January as the Financial Markets Authority Director of Banking and Insurance...
30 September 2019
QBE and Genworth say the Federal Government must ensure its first home buyers assistance scheme doesn’t crowd out private providers of lenders mortgage insurance...
30 September 2019
Australian Prudential Regulation Authority industry levy calculations and details about how they will be used should be more transparent given the costs involved, the Insurance Council of Australia says...
30 September 2019
The Australian Prudential Regulation Authority is seeking feedback on its proposals for integrating a new accounting standard into insurers’ prudential framework...
30 September 2019
The Australian Building Codes Board will amend the National Construction Code to address issues related to flammable cladding...
30 September 2019
Claims handling by insurance companies after the Kaikoura earthquake has received a mixed assessment in presentations to the New Zealand Earthquake Commission inquiry...
30 September 2019
New financial services legislation will be unveiled in New Zealand soon to ban incentives such as overseas trips and bonuses that are tied to sales targets...
23 September 2019
Actuarial consultant Finity believes insurers may have to start reviewing existing remuneration schemes before the reforms recommended by the Hayne royal commission begin in 2021 as expected...
23 September 2019
Calls from the Australian Financial Complaints Authority for a ban on all unsolicited sales of financial products have sparked a response on hawking reform from the Insurance Council of Australia...
23 September 2019
The NSW State Insurance Regulatory Authority says it will “be more proactive” in publishing details of workers’ compensation scheme and insurer performance, following transparency recommendations made by the Hayne royal commission...