09 July 2018
The Reserve Bank of New Zealand is seeking feedback on proposed changes to the insurance solvency standards for a new class of assets and liabilities that have arisen from a new accounting standard for lease contracts…
02 July 2018
The Insurance Council of Australia says a proposed model for extending unfair contract terms to the sector would have a major impact on premiums and the scope of cover offered…
02 July 2018
The Hayne royal commission has delayed an examination of Suncorp and Youi’s response to natural disasters until September, when it expects to consider a range of general and life insurance issues.
02 July 2018
Former Perth broker Sergio Amaranti has pleaded guilty to seven charges of dishonest conduct and will face a sentence hearing next month in the WA District Court…
02 July 2018
The Tasmanian Government has met five of 24 recommendations arising from a report following devastating floods two years ago, including applying state planning codes to flood-prone areas…
02 July 2018
Insurance & Care NSW’s medical support panel has reduced waiting periods for injured workers needing treatment approval…
02 July 2018
The Australian Securities and Investments Commission’s fees-for-service funding scheme began on Saturday after Parliament passed the bill last week…
02 July 2018
New WorkCover WA legislation to improve the compensation scheme for family members of workers killed at work came into effect this month…
25 June 2018
The Victorian Law Reform Commission has urged the State Government to push for stronger national regulation and supervision of the class action funding industry…
25 June 2018
The Australian Securities and Investments Commission is working to address climate risk within the context of corporate governance…
25 June 2018
The Australian Securities and Investments Commission has strengthened its ties with overseas regulators as cross-border co-operation becomes more important in protecting market integrity…
25 June 2018
The Australian Financial Complaints Authority should report insurers to the regulator if they engage in unconscionable conduct to sell cover that is not needed or could not be claimed on, a guidance note for the new scheme says…
25 June 2018
A report commissioned by the NSW State Insurance Regulatory Authority has recommended the body improve injured workers’ access to information…
25 June 2018
Barrister Daniel Crennan has been appointed Deputy Chairman of the Australian Securities and Investments Commission. He starts his five-year term next month…
18 June 2018
Natural disaster insurance case studies involving Suncorp and Youi will be examined at the Hayne royal commission’s next round of hearings…
18 June 2018
The Australian Institute of Company Directors has backed a proposal to license litigation funders under an overhaul of the class action framework…
18 June 2018
The Australian Financial Complaints Authority has announced the appointment of David Locke as Chief Ombudsman and CEO…
18 June 2018
The NSW budget, to be announced tomorrow by State Treasurer Dominic Perrottet, has set aside $10 million to expand driverless vehicle trials, with the transport department to distribute the funds over four years through its Smart Innovation Centre…
18 June 2018
The Insurance Council of Australia has outlined ways to improve CPS 234, a new prudential standard aimed at strengthening cyber resilience…
18 June 2018
The WA Government has passed legislation to increase compensation for family members of people killed at work…