12 March 2018
Insurers should improve the value of consumer credit products and ensure they are offered only when there are clear benefits, Australian Securities and Investments Commission Deputy Chairman Peter Kell says…
12 March 2018
New Zealand’s insurance contract law is to be reviewed, with the Government describing current arrangements as “antiquated and fragmented”…
12 March 2018
The Victorian Government will ban the most dangerous types of combustible cladding from being used on high-rise buildings…
12 March 2018
The Insurance Council of Australia wants The NT Government to scrap insurance levies as it looks to improve its revenue base…
12 March 2018
New Zealand’s State Services Commission says it will investigate whether Southern Response breached standards of integrity and conduct following allegations of spying from earthquake claimants…
12 March 2018
Insurance & Care NSW says its new workers’ compensation claims model is performing well…
05 March 2018
Australian Prudential Regulation Authority Chairman Wayne Byres says more work is needed to ensure new financial crisis management tools are used effectively if triggered…
05 March 2018
The special status of banks and insurance companies within economies must come with regulation and an unwritten expectation of social responsibility, Productivity Commission Chairman Peter Harris says…
05 March 2018
The Australian Securities and Investments Commission has released an updated draft regulatory guide on oversight of the Australian Financial Complaints Authority, the new government-appointed disputes resolution body…
05 March 2018
The Financial Ombudsman Service received about 13,200 general insurance disputes last financial year, up from 10,588 the previous year…
05 March 2018
Australian Securities and Investments Commission Chairman James Shipton says the recent action on add-on insurance sold through car yards illustrates the preferred approach to competition problems…
05 March 2018
Credit reporting rules due to take effect in July will help lenders’ mortgage insurers price risk and facilitate home ownership, the Insurance Council of Australia says…
05 March 2018
About $94.4 million was paid to investors and consumers in compensation and remediation as part of Australian Securities and Investments Commission enforcement activities in the six months to December 31…
05 March 2018
The NSW State Insurance Regulatory Authority has revised market practice and premium guidelines for the state’s workers’ compensation scheme, to “reduce volatility” and “make the system fairer” for businesses…
05 March 2018
New Zealand’s Financial Markets Authority (FMA) has filed criminal charges against a company and its director for breaching registration rules…
05 March 2018
Former assistant treasurer Helen Coonan has been named chairman of the Australian Financial Complaints Authority…
05 March 2018
The royal commission on financial services has appointed Michael Hodge and Albert Dinelli as counsels assisting…
26 February 2018
Earthquake Commission Chairman Maarten Wevers has resigned after the New Zealand Government stepped in over 2600 unresolved Canterbury quake claims…
26 February 2018
The Australian Reinsurance Pool Corporation has set its retrocession program for this year at $3.065 billion, up from $3 billion last year…
26 February 2018
Data breaches must be reported by companies with at least $3 million in annual turnover under new regulations that took effect last Thursday…