29 January 2018
Failure to remove the emergency services levy in NSW cost insurers more than $40 million and saw funds spent “to no purpose”, the Insurance Council of Australia says in a submission to a parliamentary inquiry…
29 January 2018
Insurance & Care NSW has appointed John Nagle as Interim CEO to replace Vivek Bhatia, who begins work at QBE this week as CEO of its Australian and New Zealand operations…
29 January 2018
The royal commission into misconduct in the banking, superannuation and financial services industry will hold an initial public hearing in Melbourne in two weeks…
29 January 2018
Australian Securities and Investments Commission Acting Chairman Peter Kell says insurers that provide so-called add-on insurance should be taking active steps to change deficient products…
29 January 2018
A Victorian man faces fraud charges over allegations he posed as an insurance representative or broker to collect payments from the car repair industry…
29 January 2018
Treasury should consider an “appropriate” transition period for implementation of the fee-for-service funding model that takes effect on July 1, the Insurance Council of Australia says in a submission…
29 January 2018
The Reserve Bank of New Zealand has appointed Richard Dean as Manager Insurance Oversight following the retirement last Friday of Pete Brady…
29 January 2018
Revenue NSW has issued a practice note relating to the general insurance small business exemption, which became available on January 1…
29 January 2018
Insurance & Care NSW and national mental health group Everymind will trial an innovative digital strategy to help improve wellbeing among small businesses in Parramatta, Lake Macquarie and Singleton…
11 December 2017
Legislation to establish a new one-stop dispute resolution body has passed the Senate…
11 December 2017
Stronger powers proposed for the Australian Securities and Investments Commission should not be introduced unless accompanied by checks and balances, the Insurance Council of Australia has warned…
11 December 2017
The National Transport Commission will review telematics use for regulatory purposes, to find ways of encouraging further take-up…
11 December 2017
Proposed fintech “sandbox” regulations will help insurers test innovations but should be further refined so market benefits can be better assessed, according to the Insurance Council of Australia…
11 December 2017
Gallagher Bassett has won a contract to be the new general claims management services provider for Insurance & Care NSW (icare)…
11 December 2017
The Australian Securities and Investments Commission has permanently banned Landlord Protection Group director Tracey Joanne Burnell after investigating her role arranging insurance contracts…
11 December 2017
The Federal Government has introduced a bill to create stronger protections for whistleblowers who expose corporate misconduct…
11 December 2017
Therese McCarthy Hockey has been appointed to the new role of EGM Strategy/Chief Risk Officer for the Australian Prudential Regulation Authority, effective from February 1…
11 December 2017
The International Association of Insurance Supervisors has produced an interim public consultation paper on an activities-based approach to systemic risk in the sector…
04 December 2017
Climate change and society’s response to it are already reshaping the global economy, according to the Australian Prudential Regulation Authority…
04 December 2017
A cyber-resilience self-assessment conducted in the financial markets sector shows room for improvement, the Australian Securities and Investments Commission says…