insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSteadfast shares rally as broker deals in focus https://www.insurancenews.com.au/daily/steadfast-shares-rally-as-broker-deals-in-focushttps://www.insurancenews.com.au/daily/steadfast-shares-rally-as-broker-deals-in-focus<p><span class="TextRun SCXW161822968 BCX0" lang="EN-GB" xml:lang="EN-GB" data-contrast="auto"><span class="NormalTextRun SCXW161822968 BCX0">Steadfast shares</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;continue to trade at a level that could make the company a takeover target</span><span class="NormalTextRun SCXW161822968 BCX0">, analyst</span><span class="NormalTextRun SCXW161822968 BCX0">s</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;say</span><span class="NormalTextRun SCXW161822968 BCX0">,</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;</span><span class="NormalTextRun SCXW161822968 BCX0">after a newspaper</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;report suggest</span><span class="NormalTextRun SCXW161822968 BCX0">ed&nbsp;</span><span class="NormalTextRun SCXW161822968 BCX0">a</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;private equity firm is</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;interested</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;</span><span class="NormalTextRun SCXW161822968 BCX0">in a</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;</span><span class="NormalTextRun SCXW161822968 BCX0">possible</span><span class="NormalTextRun SCXW161822968 BCX0">&nbsp;buyout</span><span class="NormalTextRun SCXW161822968 BCX0">...</span></span></p>Fri, 05 Dec 2025 05:12:02 GMTIAG recruits North American exec for NZ leadership rolehttps://www.insurancenews.com.au/daily/iag-recruits-north-american-exec-for-nz-leadership-rolehttps://www.insurancenews.com.au/daily/iag-recruits-north-american-exec-for-nz-leadership-role<p>IAG has appointed Phillip Gibson as New Zealand CEO after announcing last month that Amanda Whiting will return to Australia...</p>Fri, 05 Dec 2025 05:11:53 GMTGovernment re-examines add-on exemptions https://www.insurancenews.com.au/daily/government-re-examines-add-on-exemptionshttps://www.insurancenews.com.au/daily/government-re-examines-add-on-exemptions<p>Treasury is reviewing exemptions from add-on insurance rules introduced after the Hayne royal commission to prevent high-pressure sales tactics causing consumer harm...</p>Fri, 05 Dec 2025 04:54:28 GMTOmbudsman finds holes in dentist covid claimhttps://www.insurancenews.com.au/daily/ombudsman-finds-holes-in-dentist-covid-claimhttps://www.insurancenews.com.au/daily/ombudsman-finds-holes-in-dentist-covid-claim<p>A dental business earning most of its profits by organising professional development events will have a covid-related claim paid &ndash; but only for losses relating to its Brisbane practice...</p>Fri, 05 Dec 2025 04:40:22 GMTLiberty leadership revamp ‘drives underwriting excellence’https://www.insurancenews.com.au/daily/liberty-leadership-revamp-drives-underwriting-excellencehttps://www.insurancenews.com.au/daily/liberty-leadership-revamp-drives-underwriting-excellence<p>Liberty Specialty Markets has made changes to its Australian underwriting team as part of a broader Asia-Pacific leadership shake-up...</p>Thu, 04 Dec 2025 05:29:29 GMTTech tool aims to speed whiplash recoveryhttps://www.insurancenews.com.au/daily/tech-tool-aims-to-speed-whiplash-recoveryhttps://www.insurancenews.com.au/daily/tech-tool-aims-to-speed-whiplash-recovery<p>Allianz has embedded a whiplash care program in its compulsory third party case management process after finding it can help people recover faster...</p>Thu, 04 Dec 2025 05:25:19 GMTCrime ‘seen as cost of doing business’ for farmershttps://www.insurancenews.com.au/daily/crime-seen-as-cost-of-doing-business-for-farmershttps://www.insurancenews.com.au/daily/crime-seen-as-cost-of-doing-business-for-farmers<p>About 90% of NSW farmers have experienced crime on their properties and 30% have been hit seven or more times, data shows...</p>Thu, 04 Dec 2025 05:21:27 GMTInsurer penalised for refusing to give up call recordingshttps://www.insurancenews.com.au/daily/insurer-penalised-for-refusing-to-give-up-call-recordingshttps://www.insurancenews.com.au/daily/insurer-penalised-for-refusing-to-give-up-call-recordings<p>The financial services ombudsman has ordered Auto &amp; General to pay $1500 compensation to a storm damage claimant for failing to respond to her requests for information...</p>Thu, 04 Dec 2025 05:20:18 GMT‘No red flags’ after AUB buyout bid withdrawnhttps://www.insurancenews.com.au/the-broker/no-red-flags-after-aub-buyout-bid-withdrawnhttps://www.insurancenews.com.au/the-broker/no-red-flags-after-aub-buyout-bid-withdrawn<p>AUB Group has a positive earnings outlook, and the fact private equity suitors are not proceeding with a takeover is no cause for alarm, a Morningstar research report says...</p>Thu, 04 Dec 2025 01:10:24 GMT‘Everything has a cost’: industry queries card surcharge banhttps://www.insurancenews.com.au/the-broker/everything-has-a-cost-industry-queries-card-surcharge-banhttps://www.insurancenews.com.au/the-broker/everything-has-a-cost-industry-queries-card-surcharge-ban<p>Banning card payment surcharges could have knock-on impacts for clients, insurance executives say...</p>Thu, 04 Dec 2025 01:10:14 GMTBuyers’ market ‘firmly established’ in New Zealandhttps://www.insurancenews.com.au/the-broker/buyers-market-firmly-established-in-new-zealandhttps://www.insurancenews.com.au/the-broker/buyers-market-firmly-established-in-new-zealand<p>A &ldquo;very benign&rdquo; claims environment means soft market conditions persist in most insurance lines in New Zealand, Gallagher says in a market update...</p>Thu, 04 Dec 2025 01:09:42 GMTPSC rolls Threefold, Musk into NZ businesshttps://www.insurancenews.com.au/the-broker/psc-rolls-threefold-musk-into-nz-businesshttps://www.insurancenews.com.au/the-broker/psc-rolls-threefold-musk-into-nz-business<p>PSC Insurance Brokers NZ has brought the Threefold and Musk businesses into its operations after moving earlier this year to wind up an authorised representative network...</p>Thu, 04 Dec 2025 00:35:41 GMTBusiness frozen out after food spoilage claimhttps://www.insurancenews.com.au/the-broker/business-frozen-out-after-food-spoilage-claimhttps://www.insurancenews.com.au/the-broker/business-frozen-out-after-food-spoilage-claim<p>A Melbourne business owner has lost a dispute with his insurer after it denied a payout for food stock ruined by a broken freezer...</p>Thu, 04 Dec 2025 00:35:31 GMTCode committee names new industry rephttps://www.insurancenews.com.au/the-broker/code-committee-names-new-industry-rephttps://www.insurancenews.com.au/the-broker/code-committee-names-new-industry-rep<p>Jeff Howells will next month start a three-year term as Insurance Brokers Code Compliance Committee industry representative...</p>Thu, 04 Dec 2025 00:33:30 GMTLockton exec runs for charity after son’s diagnosishttps://www.insurancenews.com.au/the-broker/lockton-exec-runs-for-charity-after-son-s-diagnosishttps://www.insurancenews.com.au/the-broker/lockton-exec-runs-for-charity-after-son-s-diagnosis<p>Adam Squire will compete in the Sydney Marathon next August to raise funds for Arrow Foundation, which helps bone marrow transplant patients...</p>Thu, 04 Dec 2025 00:32:15 GMTMarsh veteran to depart after three decadeshttps://www.insurancenews.com.au/the-broker/marsh-veteran-to-depart-after-three-decadeshttps://www.insurancenews.com.au/the-broker/marsh-veteran-to-depart-after-three-decades<p>Marsh Pacific client engagement leader AnnMarie Rodgers is leaving the broker after 31 years...</p>Thu, 04 Dec 2025 00:31:56 GMTProbe reveals failings in building insurance claims handlinghttps://www.insurancenews.com.au/daily/probe-reveals-failings-in-building-insurance-claims-handlinghttps://www.insurancenews.com.au/daily/probe-reveals-failings-in-building-insurance-claims-handling<p>Victoria&rsquo;s domestic building insurance scheme &ldquo;fell short&rdquo; when handling complex claims, especially for homeowners whose properties had defects, an investigation has found...</p>Wed, 03 Dec 2025 05:07:58 GMTOmbudsman staffs up for scam service launchhttps://www.insurancenews.com.au/daily/ombudsman-staffs-up-for-scam-service-launchhttps://www.insurancenews.com.au/daily/ombudsman-staffs-up-for-scam-service-launch<p>The Australian Financial Complaints Authority is seeking four senior executives as it develops the world&rsquo;s first scams ombudsman service...</p>Wed, 03 Dec 2025 04:51:03 GMTDriver hit with turbo charge as engine claim breaks downhttps://www.insurancenews.com.au/daily/driver-hit-with-turbo-charge-as-engine-claim-breaks-downhttps://www.insurancenews.com.au/daily/driver-hit-with-turbo-charge-as-engine-claim-breaks-down<p>A motorist who drove through floodwater has lost a dispute over engine damage after his car trouble was blamed on improper tuning by a mechanic...</p>Wed, 03 Dec 2025 04:38:46 GMTINsight podcast: what next after AUB buyout talks fail?https://www.insurancenews.com.au/daily/insight-podcast-what-next-after-aub-buyout-talks-failhttps://www.insurancenews.com.au/daily/insight-podcast-what-next-after-aub-buyout-talks-fail<p>The collapsed private equity bid to take over AUB Group is the main item discussed in the latest episode of the Insurance News podcast...</p>Wed, 03 Dec 2025 03:54:38 GMT