01 July 2019
The Insurance Council of Australia has rejected NSW Emergency Services Levy Insurance Monitor Allan Fels’ latest claim that premium discounts are a “deceptive loyalty tax” insurers employ to attract new customers...
01 July 2019
The Australian Prudential Regulation Authority has released updated guidance on managing cyber crime and other information security risks...
01 July 2019
The NSW Government has released a discussion paper seeking feedback on its proposals to reform the building industry...
24 June 2019
The insurance industry has been urged to play a leading role in capturing data to show how the costs of transitioning to a low-carbon economy will evolve...
24 June 2019
The Federal and Queensland governments have agreed on a $100 million fund to repair and build resilient roads and other public infrastructure in the cyclone-prone northern region...
24 June 2019
A Victorian authorised representative has been permanently banned from the financial services industry for dishonest conduct...
24 June 2019
The Australian Securities and Investments Commission has announced further repayments of $14.7 million for consumers sold “worthless” add-on insurance cover at car yards...
24 June 2019
The Australian Securities and Investments Commission has approved rule changes that allow the Australian Financial Complaints Authority to investigate matters dating back to 2008...
24 June 2019
The NSW Government will reap $8.6 billion from insurance taxes and levies over the next four years, the latest state budget shows...
24 June 2019
The SA Government expects to collect $486.3 million in insurance taxes this financial year, up 5.7% on the previous year, state budget figures released last week show...
24 June 2019
An Australian Reinsurance Pool Corporation audit has suggested examining options to minimise premium rises if there is a need to rebuild capital after a terrorist attack...
24 June 2019
New Zealand has created an insurance tribunal to resolve outstanding claims relating to the 2010/11 Canterbury earthquakes, providing $NZ3.39 million in funding...
17 June 2019
Cracks in Sydney’s Mascot Towers block that led to its evacuation on Friday are “symptomatic” of the troubled building industry, Insurance Council of Australia GM Risk Karl Sullivan says...
17 June 2019
The Insurance Council of Australia has criticised the increase in supervisory levies applied to the sector by the prudential regulator, with the rise outstripping that levelled on the banks...
17 June 2019
Accelerating climate change could destroy the industry’s ability to predict catastrophes based on past events, making it impossible to price future risk, the prudential regulator warns...
17 June 2019
The State Insurance Regulatory Authority has extended its consultation on the compliance and performance review of NSW workers’ compensation nominal insurer icare...
17 June 2019
The Insurance Council of Australia (ICA) has again urged the SA Government to scrap stamp duty on insurance products sold in the state...
11 June 2019
Performance data shows a major deterioration in the NSW workers’ compensation scheme, a former principal actuarial adviser to the State Insurance Regulatory Authority says…
11 June 2019
Quarterly reports from NSW Emergency Services Levy Monitor Allan Fels have not been published since late last year, with delays blamed on the state election in March…
11 June 2019
The Australian Prudential Regulation Authority is seeking $30 million from general insurers via the annual supervisory funding levy, and invites industry to respond by Friday…