General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/corporate/qbe-manager-to-take-transformation-operations-rolehttps://www.insurancenews.com.au/corporate/qbe-manager-to-take-transformation-operations-role<p>QBE has made another appointment in its Australia Pacific leadership team after Jonathan Groves became CEO for the region this month...</p>Tue, 10 Nov 2026 05:26:18 GMThttps://www.insurancenews.com.au/regulatory-government/canberra-clamps-down-on-frontier-ai-after-attackhttps://www.insurancenews.com.au/regulatory-government/canberra-clamps-down-on-frontier-ai-after-attack<p>Prime Minister Anthony Albanese today announced a new set of mandatory standards for AI companies following a review of an agent-led infiltration earlier this year...</p>Tue, 10 Nov 2026 05:26:01 GMThttps://www.insurancenews.com.au/local/cyber-breach-count-climbs-as-criminals-gain-edgehttps://www.insurancenews.com.au/local/cyber-breach-count-climbs-as-criminals-gain-edge<p>The number of cybersecurity incidents handled by the Australian Signals Directorate grew 20% last financial year, as AI made it easier for attackers to find vulnerabilities and strike at speed and scale...</p>Tue, 10 Nov 2026 05:25:54 GMThttps://www.insurancenews.com.au/the-professional/release-of-pressure-webinar-to-explore-wellbeing-strategieshttps://www.insurancenews.com.au/the-professional/release-of-pressure-webinar-to-explore-wellbeing-strategies<p>A free webinar will explore the findings from this year&rsquo;s Insurance News Wellbeing Survey, which revealed poor mental health and burnout are common among industry professionals...</p>Tue, 10 Nov 2026 05:25:18 GMThttps://www.insurancenews.com.au/daily/afca-bemoans-fishing-exercises-as-driver-wins-claim-disputehttps://www.insurancenews.com.au/daily/afca-bemoans-fishing-exercises-as-driver-wins-claim-dispute<p>An insurer has been ordered to reinstate a motor policy and reopen a crash claim after its requests for information were found to be unreasonable...</p>Tue, 10 Nov 2026 05:22:41 GMThttps://www.insurancenews.com.au/local/watchdog-fires-warning-as-mass-data-breaches-climhttps://www.insurancenews.com.au/local/watchdog-fires-warning-as-mass-data-breaches-clim<p>Data breaches affecting large numbers of people are on the increase, the latest statistics from the Office of the Australian Information Commissioner show...</p>Mon, 09 Nov 2026 03:52:16 GMThttps://www.insurancenews.com.au/local/judge-blocks-insurer-s-bid-for-court-appearancehttps://www.insurancenews.com.au/local/judge-blocks-insurer-s-bid-for-court-appearance<p>A judge has refused an insurer&rsquo;s application to have legal representation in court alongside its insureds as they face a negligence case...</p>Mon, 09 Nov 2026 03:52:10 GMThttps://www.insurancenews.com.au/local/australians-in-dark-on-true-scale-of-flood-riskhttps://www.insurancenews.com.au/local/australians-in-dark-on-true-scale-of-flood-risk<p>Homeowners underestimate Australia&rsquo;s flood exposure and most are reluctant to pay higher premiums to reduce costs for those at risk, but there is support for improved planning measures and defences, research released by Youi finds...</p>Mon, 09 Nov 2026 03:51:41 GMThttps://www.insurancenews.com.au/local/billabong-blow-up-ends-in-ruling-against-claimanthttps://www.insurancenews.com.au/local/billabong-blow-up-ends-in-ruling-against-claimant<p>A business cannot claim for the removal of debris washed into a billabong during Cyclone Jasper because the damage was caused by flooding, rather than the storm...</p>Mon, 09 Nov 2026 03:51:23 GMThttps://www.insurancenews.com.au/local/homeowners-making-it-easy-for-burglarshttps://www.insurancenews.com.au/local/homeowners-making-it-easy-for-burglars<p>About 4% of Queensland householders have suffered frightening home intrusions in the past year and 20% have reported some form of home-related crime, new research shows...</p>Mon, 09 Nov 2026 03:49:51 GMThttps://www.insurancenews.com.au/local/north-queenslanders-penalised-for-where-they-livehttps://www.insurancenews.com.au/local/north-queenslanders-penalised-for-where-they-live<p>People in Ingham and surrounding areas of north Queensland are being forced to reduce home cover, increase excesses or go without insurance due to soaring premiums, a council survey has revealed...</p>Mon, 09 Nov 2026 03:49:17 GMThttps://www.insurancenews.com.au/local/houghton-leaves-ica-board-as-retirement-loomshttps://www.insurancenews.com.au/local/houghton-leaves-ica-board-as-retirement-looms<p>Former QBE Australia Pacific CEO Sue Houghton has ended an eight-year spell on the Insurance Council of Australia board...</p>Mon, 09 Nov 2026 03:48:48 GMThttps://www.insurancenews.com.au/local/weather-fears-fail-to-trigger-household-actionhttps://www.insurancenews.com.au/local/weather-fears-fail-to-trigger-household-action<p>Growing concern at extreme weather has not spurred Australians to take actions such as putting disaster response plans in place, Allianz says in a report...</p>Mon, 09 Nov 2026 03:48:32 GMThttps://www.insurancenews.com.au/local/perils-raises-2025-spring-storms-loss-figurehttps://www.insurancenews.com.au/local/perils-raises-2025-spring-storms-loss-figure<p>Storms on the east coast a year ago were more costly than previously thought, according to catastrophe data analyst Perils...</p>Mon, 09 Nov 2026 03:48:21 GMThttps://www.insurancenews.com.au/regulatory-government/apra-flags-broader-consequences-of-ai-underwritinghttps://www.insurancenews.com.au/regulatory-government/apra-flags-broader-consequences-of-ai-underwriting<p>Artificial intelligence raises a &ldquo;deeper question&rdquo; around the ways more precise risk assessment will change the nature of insurance, Australian Prudential Regulation Authority member Suzanne Smith says...</p>Mon, 09 Nov 2026 03:47:54 GMThttps://www.insurancenews.com.au/regulatory-government/cyclone-pool-helping-but-is-no-cure-all-mps-hearhttps://www.insurancenews.com.au/regulatory-government/cyclone-pool-helping-but-is-no-cure-all-mps-hear<p>The cyclone reinsurance pool is delivering measurable reductions in insurance premiums in high-risk areas but affordability and availability challenges remain across northern Australia, a parliamentary inquiry has been told...</p>Mon, 09 Nov 2026 03:47:45 GMThttps://www.insurancenews.com.au/regulatory-government/ica-and-state-recovery-agency-strengthen-tieshttps://www.insurancenews.com.au/regulatory-government/ica-and-state-recovery-agency-strengthen-ties<p>The Insurance Council of Australia and the NSW Reconstruction Authority have formed a partnership to strengthen co-ordination before, during and after disasters...</p>Mon, 09 Nov 2026 03:47:20 GMThttps://www.insurancenews.com.au/regulatory-government/asic-raises-pi-issue-in-lead-generation-probehttps://www.insurancenews.com.au/regulatory-government/asic-raises-pi-issue-in-lead-generation-probe<p>An Australian Securities and Investments Commission probe into lead generation services has flagged concerns around professional indemnity insurance...</p>Mon, 09 Nov 2026 03:47:12 GMThttps://www.insurancenews.com.au/regulatory-government/sira-demands-invoice-data-in-workers-comp-compliance-pushhttps://www.insurancenews.com.au/regulatory-government/sira-demands-invoice-data-in-workers-comp-compliance-push<p>The NSW insurance regulator has told a medical imaging practice to provide invoices for all MRIs charged to the state workers&rsquo; compensation scheme over a 10-month period...</p>Mon, 09 Nov 2026 03:46:53 GMThttps://www.insurancenews.com.au/insurtech/tech-sector-has-crossed-ai-thresholdhttps://www.insurancenews.com.au/insurtech/tech-sector-has-crossed-ai-threshold<p>Artificial intelligence has &ldquo;moved from experiment to infrastructure&rdquo;, a survey by Insurtech Australia suggests...</p>Mon, 09 Nov 2026 03:42:46 GMT