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‘Consistency is key’: ICA backs Victoria’s property flood risk reform

Fri, 23 Oct 2026 05:16:48 GMT

The Insurance Council of Australia says Victorian planning reforms will make it less likely that homes are built in places known to flood and can help improve cover affordability...

Regulator urged to consult on code before approval call

Fri, 23 Oct 2026 05:16:16 GMT

The Australian Securities and Investments Commission should seek further feedback on the new insurance code of practice, as the version submitted for approval falls short in key areas, consumer groups say...

Steadfast takeover moves to shareholder vote

Fri, 23 Oct 2026 05:15:12 GMT

Steadfast shareholders will vote next month on a private equity consortium’s $7.7 billion buyout bid for Australia’s largest general insurance intermediary...

Flawed consultations ‘endemic in government’

Fri, 23 Oct 2026 05:11:48 GMT

The Insurance Council of Australia has joined other peak bodies to attack the federal government’s “inadequate” consultations on complex legislative and regulatory reforms...

Insurer’s car repair quotes a low blow, ombudsman says

Fri, 23 Oct 2026 05:10:07 GMT

An insurer has been told to pay almost $28,000 to a car owner after failing to prove her repairer’s quote was excessive...

‘Patch frenzy’: PHP web security panic may bring BI claims

Thu, 22 Oct 2026 05:23:10 GMT

Insurers are waiting to see if claims emerge after organisations shut down websites this week due to a flaw in the PHP programming language that runs 70% of the internet...

AFCA warns on AI submissions as complaints surge to new record

Thu, 22 Oct 2026 05:19:31 GMT

The industry ombudsman has warned the use of artificial intelligence to lodge complaints could hinder its resolution processes, after caseloads reached record volumes in 2025-26...

IAG meeting expectations, Hawkins tells investors

Thu, 22 Oct 2026 05:19:16 GMT

IAG says positive momentum continued in the first quarter and it is on track to deliver earnings guidance for this financial year while pursuing efficiencies to keep insurance affordable...

Insurer pays price for missing toilet break

Thu, 22 Oct 2026 05:14:31 GMT

An elderly property owner who made a 550km round trip to investigate a water leak after an insurer’s tradesman failed to find the source has been awarded $5000 compensation for claim mismanagement...

INsight podcast: all happening at NIBA Convention

Thu, 22 Oct 2026 05:03:39 GMT

All the action from the NIBA Convention is the lead item discussed on the latest Insurance News podcast...

Adoption ‘the next step’ as most brokers dabble with AI

Thu, 22 Oct 2026 01:20:07 GMT

More than 90% of brokers have experimented with AI but only one-quarter have embedded it into their core operations, research from the National Insurance Brokers Association finds...

Clients’ AI ‘superpowers’ doing ‘more harm than good’

Thu, 22 Oct 2026 01:19:55 GMT

Customers are increasingly using AI to examine wordings and pose questions to brokers, and intermediaries say it is adding significant delay in critical areas...

Insureds pocketing savings in soft market, Marsh says

Thu, 22 Oct 2026 01:19:47 GMT

Market conditions are allowing businesses to enhance their risk coverage, Marsh says, as commercial insurance rates continue to slide...

Sour grapes produce a bitter finish for winemaker

Thu, 22 Oct 2026 01:10:03 GMT

An insurer was right to reject a winemaker’s claim for oil-contaminated grapes because neither the vineyard nor a bin holding the fruit was a “temporary storage facility”, according to a dispute ruling...

ARs have growing role in advice sector, NIBA finds

Thu, 22 Oct 2026 01:09:45 GMT

The authorised representative sector is becoming larger, more established and increasingly influential, a National Insurance Brokers Association research report says...

Rate moderation shakes up liability market

Thu, 22 Oct 2026 01:05:18 GMT

Australia’s liability insurance market has entered a “new phase” after years of rate strengthening and positive underwriting outcomes, according to a KPMG analysis of a regulator’s data...

‘Remembered with fondness’: tributes to senior loss adjuster

Thu, 22 Oct 2026 01:04:48 GMT

vrs ANA has shared its “heartfelt thoughts and sincere condolences” after the death of senior loss adjuster Jon Hill...

Austbrokers salutes top performers

Thu, 22 Oct 2026 00:53:46 GMT

AEI Insurance Broking Group’s Matthew Estwick has won this year’s Tim Wedlock Young Broker Award, named after the company’s late executive chairman...

Bombing survivor, media figure headline Steadfast conference

Thu, 22 Oct 2026 00:53:21 GMT

Steadfast Group has announced the keynote speakers for next year’s convention...

ICA submits new code for regulator’s approval

Thu, 22 Oct 2026 00:52:58 GMT

The Insurance Council of Australia has sent its revised code of practice to the corporate regulator for approval, following consultations on the draft document...