insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auMP demands ACCC act on premiums as insurers ‘ignore mitigation’https://www.insurancenews.com.au/daily/mp-demands-accc-act-on-premiums-as-insurers-ignore-mitigationhttps://www.insurancenews.com.au/daily/mp-demands-accc-act-on-premiums-as-insurers-ignore-mitigation<p>Federal opposition emergency management spokesperson David Littleproud has asked the competition regulator to investigate premiums in Queensland&rsquo;s southwest as prices soar despite mitigation work...</p>Fri, 19 Jun 2026 06:31:21 GMTSeized stockpiles excluded after environmental breachhttps://www.insurancenews.com.au/daily/seized-stockpiles-excluded-after-environmental-breachhttps://www.insurancenews.com.au/daily/seized-stockpiles-excluded-after-environmental-breach<p>Lloyd&rsquo;s underwriters will not have to pay for an industrial clean-up at a glass reprocessing business after Victoria&rsquo;s Environment Protection Authority took control of the site...</p>Fri, 19 Jun 2026 06:31:08 GMTMulino hopes for ‘material progress’ on codehttps://www.insurancenews.com.au/daily/mulino-hopes-for-material-progress-on-codehttps://www.insurancenews.com.au/daily/mulino-hopes-for-material-progress-on-code<p>Financial Services Minister Daniel Mulino says he doesn&rsquo;t want the insurers&rsquo; code review to &ldquo;drag on&rdquo;, as the industry prepares to release a draft...</p>Fri, 19 Jun 2026 06:29:51 GMTAFCA rules on a home away from home and $370k of missing jewelleryhttps://www.insurancenews.com.au/daily/afca-rules-on-a-home-away-from-home-and-370k-of-missing-jewelleryhttps://www.insurancenews.com.au/daily/afca-rules-on-a-home-away-from-home-and-370k-of-missing-jewellery<p>A policyholder who lost more than $372,000 of jewellery at a night market in Thailand has been denied a payout because he misrepresented where he lived when insuring the items...</p>Fri, 19 Jun 2026 06:26:00 GMTSphere creditors owed $11m, early estimates showhttps://www.insurancenews.com.au/daily/sphere-creditors-owed-11-million-early-estimates-showhttps://www.insurancenews.com.au/daily/sphere-creditors-owed-11-million-early-estimates-show<p>Failed authorised representative network Sphere Insurance Group could owe more than $11 million to creditors, preliminary projections released by its liquidator show...</p>Thu, 18 Jun 2026 06:15:49 GMTZurich-Beazley deal clears Australian competition hurdlehttps://www.insurancenews.com.au/daily/zurich-beazley-deal-clears-australian-competition-hurdlehttps://www.insurancenews.com.au/daily/zurich-beazley-deal-clears-australian-competition-hurdle<p>Zurich&rsquo;s &pound;8.2 billion ($15.5 billon) buyout of London-listed Beazley has been cleared by the Australian Competition and Consumer Commission following an examination of potential market impacts...</p>Thu, 18 Jun 2026 06:15:42 GMTDiagnosis the deciding factor in travel tusslehttps://www.insurancenews.com.au/daily/diagnosis-the-deciding-factor-in-travel-tusslehttps://www.insurancenews.com.au/daily/diagnosis-the-deciding-factor-in-travel-tussle<p>A travel policyholder has won a payout after arguing a doctor&rsquo;s declaration that he could not go overseas was a claimable event, rather than the earlier onset of illness...</p>Thu, 18 Jun 2026 06:13:36 GMTINsight podcast: what next on Steadfast sale?https://www.insurancenews.com.au/daily/insight-podcast-what-next-on-steadfast-salehttps://www.insurancenews.com.au/daily/insight-podcast-what-next-on-steadfast-sale<p>The proposed consortium buyout of Steadfast is the first item discussed on the latest episode of the Insurance News podcast...</p>Thu, 18 Jun 2026 05:57:41 GMTFuture claims handling: webinar examines progress in automationhttps://www.insurancenews.com.au/inside-information/future-claims-handling-webinar-examines-progress-in-automationhttps://www.insurancenews.com.au/inside-information/future-claims-handling-webinar-examines-progress-in-automation<p>An insightful webinar shared real-world observations of successes and challenges in automating claims handling...</p>Thu, 18 Jun 2026 05:08:08 GMTConflicts, comms fall under spotlight as breach data revealedhttps://www.insurancenews.com.au/the-broker/conflicts-comms-fall-under-spotlight-as-breach-data-revealedhttps://www.insurancenews.com.au/the-broker/conflicts-comms-fall-under-spotlight-as-breach-data-revealed<p>The Insurance Brokers Code Compliance Committee will review conflicts management and communications standards after breaches were highlighted in its latest data report...</p>Thu, 18 Jun 2026 02:29:12 GMTRed light runner’s mystery Mazda story fails to sway AFCAhttps://www.insurancenews.com.au/the-broker/red-light-runner-s-mystery-mazda-story-fails-to-sway-afcahttps://www.insurancenews.com.au/the-broker/red-light-runner-s-mystery-mazda-story-fails-to-sway-afca<p>An insurer acted reasonably when it decided a Maserati driver caused a collision with a truck last year, the industry ombudsman has ruled...</p>Thu, 18 Jun 2026 02:29:06 GMTFrench broker motors ahead with ChatGPT apphttps://www.insurancenews.com.au/the-broker/french-broker-motors-ahead-with-chat-gpt-apphttps://www.insurancenews.com.au/the-broker/french-broker-motors-ahead-with-chat-gpt-app<p>Leading French wholesale insurance broker April has launched an application within OpenAI&rsquo;s ChatGPT...</p>Thu, 18 Jun 2026 02:28:57 GMTBroking leaders headline insurtech conferencehttps://www.insurancenews.com.au/the-broker/broking-leaders-headline-insurtech-conferencehttps://www.insurancenews.com.au/the-broker/broking-leaders-headline-insurtech-conference<p>Some big names in broking are speaking at the upcoming Beyond the Buzzwords conference organised by Insurance News and Insurtech Australia...</p>Thu, 18 Jun 2026 02:28:43 GMTAviso opens risk consulting operationhttps://www.insurancenews.com.au/the-broker/aviso-opens-risk-consulting-operationhttps://www.insurancenews.com.au/the-broker/aviso-opens-risk-consulting-operation<p>Aviso Specialty has launched a division that aims to widen access to senior risk management advice...</p>Thu, 18 Jun 2026 02:28:33 GMTTax Office warnings drive surge in audit coverhttps://www.insurancenews.com.au/the-broker/tax-office-warnings-drive-surge-in-audit-coverhttps://www.insurancenews.com.au/the-broker/tax-office-warnings-drive-surge-in-audit-cover<p>More business owners are buying tax audit insurance to protect against professional fees incurred if they are investigated, according to BizCover....</p>Thu, 18 Jun 2026 02:28:26 GMTArch recruits northern underwriting managerhttps://www.insurancenews.com.au/the-broker/arch-recruits-northern-underwriting-managerhttps://www.insurancenews.com.au/the-broker/arch-recruits-northern-underwriting-manager<p>Arch Insurance Australia has appointed Fariha Neda as northern region executive assurance underwriting manager...</p>Thu, 18 Jun 2026 02:28:04 GMTSteadfast hits the road for member forumshttps://www.insurancenews.com.au/the-broker/steadfast-hits-the-road-for-member-forumshttps://www.insurancenews.com.au/the-broker/steadfast-hits-the-road-for-member-forums<p>Steadfast Group has scheduled six network member events in August across Australia&rsquo;s capital cities...</p>Thu, 18 Jun 2026 02:27:54 GMTMissed renewal reminders the top cause of broker breacheshttps://www.insurancenews.com.au/daily/missed-renewal-reminders-the-top-cause-of-broker-breacheshttps://www.insurancenews.com.au/daily/missed-renewal-reminders-the-top-cause-of-broker-breaches<p>Failure to contact clients at least 14 days before policy renewal accounted for 38% of broker code of practice breaches in the past year, according to an annual compliance report...</p>Wed, 17 Jun 2026 06:22:58 GMTClimate a key factor in life choices, but ‘preparedness lags awareness’https://www.insurancenews.com.au/daily/climate-a-key-factor-in-life-choices-but-preparedness-lags-awarenesshttps://www.insurancenews.com.au/daily/climate-a-key-factor-in-life-choices-but-preparedness-lags-awareness<p>Weather risk is influencing where Australians choose to live and work, particularly among people aged under 45, according to a new IAG report...</p>Wed, 17 Jun 2026 06:22:38 GMTIndustry applauds NZ pledge to investigate ‘unfair’ fire levyhttps://www.insurancenews.com.au/daily/industry-applauds-nz-pledge-to-investigate-unfair-fire-levyhttps://www.insurancenews.com.au/daily/industry-applauds-nz-pledge-to-investigate-unfair-fire-levy<p>Insurers and brokers have welcomed a New Zealand government review of the fire and emergency services levy on insurance...</p>Wed, 17 Jun 2026 06:22:18 GMT