16 April 2018
Insurers’ refusal to provide more clarity on how premiums are calculated makes it difficult for consumers to take the right risk decisions, according to the Financial Rights Legal Centre…
16 April 2018
A wave of companies have reported data breaches since the introduction of mandatory reporting…
16 April 2018
Controversial plans to change the way the New Zealand fire service levy is calculated have been delayed…
16 April 2018
The Australian Securities and Investments Commission is calling for comments on revised bills and regulations to introduce its fees-for-service funding model…
09 April 2018
Displaying previous-year premiums on renewal notices without context may encourage customers to make price-based decisions rather than considering if they have the right cover, Suncorp warns…
09 April 2018
The Australian Securities and Investments Commission has welcomed a Productivity Commission proposal that may extend a deferred sales model to all add-on insurance…
09 April 2018
The Insurance Council of Australia has rejected suggestions lenders’ mortgage insurance is unnecessary and could be replaced with increased interest rates on loans that require the cover…
09 April 2018
NSW will trial telematics to improve young drivers’ safety and reduce the state’s compulsory third party insurance costs…
09 April 2018
The Australian Securities and Investments Commission says companies must access an online portal between July and September to submit or validate their business activity metrics, as part of its new cost-recovery program…
09 April 2018
RAA Insurance has been fined $43,200 by the Australian Securities and Investments Commission over misleading representations about car insurance in TV advertising…
26 March 2018
Commonwealth Bank mis-sold consumer credit insurance to about 64,000 customers who did not meet employment eligibility criteria for claims, the royal commission into financial services misconduct heard last week…
26 March 2018
The Insurance Council of New Zealand will continue to seek improvements to the Earthquake Commission Act after welcoming changes announced by the Government last week…
26 March 2018
Consumer group Choice has called for lenders’ mortgage insurance to be abolished in response to the Productivity Commission’s draft report on competition in the financial system…
26 March 2018
The Insurance Council of Australia has strongly supported “comprehensive reforms” to improve the quality of advice given to retail consumers…
26 March 2018
Hollard-owned PetSure has defended its underwriting dominance in pet insurance and says Productivity Commission draft recommendations to improve competition could have the opposite effect and disadvantage consumers…
26 March 2018
A citizens’ jury tasked with picking a new compulsory third party scheme for the ACT has chosen a model that covers all regardless of who is negligent…
26 March 2018
The Australian Securities and Investments Commission and its UK counterpart the Financial Conduct Authority have agreed to extend their co-operation on fintech innovation…
26 March 2018
The Insurance & Care NSW Foundation will give $1.4 million to a recovery program that helps injured workers by addressing their social and mental needs…
26 March 2018
WorkCover WA has announced an overall 3.9% rise in premium rates for compulsory workers’ compensation insurance next financial year…
19 March 2018
The Australian Securities and Investments Commission will have a competition mandate added to its role and appoint a second deputy chairman, Revenue and Financial Services Minister Kelly O’Dwyer said today…