insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSompo hires Everest staffers for Australian growth pushhttps://www.insurancenews.com.au/daily/sompo-hires-everest-staffers-for-australian-growth-pushhttps://www.insurancenews.com.au/daily/sompo-hires-everest-staffers-for-australian-growth-push<p>Sompo International has moved to expand its Australian operation by recruiting a team of specialists from US-listed Everest Group&rsquo;s local arm...</p>Wed, 15 Apr 2026 06:10:59 GMTInsurers to meet storm-hit SA customershttps://www.insurancenews.com.au/daily/insurers-to-meet-storm-hit-sa-customershttps://www.insurancenews.com.au/daily/insurers-to-meet-storm-hit-sa-customers<p>Insurers will set up a consultation hub in Port Pirie to help SA policyholders affected by severe storms that hit the area in November...</p>Wed, 15 Apr 2026 06:10:26 GMTCaravan fire was no accident, ombudsman ruleshttps://www.insurancenews.com.au/daily/caravan-fire-was-no-accident-ombudsman-ruleshttps://www.insurancenews.com.au/daily/caravan-fire-was-no-accident-ombudsman-rules<p>A Tasmanian whose claim for fire damage was denied on the basis the blaze was lit deliberately has lost a dispute before the ombudsman...</p>Wed, 15 Apr 2026 05:46:29 GMTINsight podcast: local impact of Middle East mayhemhttps://www.insurancenews.com.au/daily/insight-podcast-local-impact-of-middle-east-mayhemhttps://www.insurancenews.com.au/daily/insight-podcast-local-impact-of-middle-east-mayhem<p>The impact of the ongoing Middle East conflict on the local industry is the first item discussed on the latest episode of the Insurance News podcast...</p>Wed, 15 Apr 2026 05:33:16 GMTNarelle, northern flooding claim count climbshttps://www.insurancenews.com.au/daily/narelle-northern-flooding-claim-count-climbshttps://www.insurancenews.com.au/daily/narelle-northern-flooding-claim-count-climbs<p>Insurers have received more than 5500 claims related to cyclone and flood impacts in Queensland, the NT and WA since the start of last month...</p>Tue, 14 Apr 2026 06:37:02 GMTJanuary bushfire bill tipped to exceed $800 millionhttps://www.insurancenews.com.au/daily/january-bushfire-bill-tipped-to-exceed-800-millionhttps://www.insurancenews.com.au/daily/january-bushfire-bill-tipped-to-exceed-800-million<p>Bushfires in Victoria in January caused $810 million of insured losses, Swiss catastrophe data company Perils estimates...</p>Tue, 14 Apr 2026 06:36:54 GMTRegulator raps NRMA Insurance over CTP failingshttps://www.insurancenews.com.au/daily/regulator-raps-nrma-insurance-over-ctp-failingshttps://www.insurancenews.com.au/daily/regulator-raps-nrma-insurance-over-ctp-failings<p>NRMA Insurance has been sanctioned for breaching NSW compulsory third party scheme guidelines...</p>Tue, 14 Apr 2026 06:16:41 GMTStroke victim’s home empty and uncovered when thieves struckhttps://www.insurancenews.com.au/daily/stroke-victim-s-home-empty-and-uncovered-when-thieves-struckhttps://www.insurancenews.com.au/daily/stroke-victim-s-home-empty-and-uncovered-when-thieves-struck<p>The financial services ombudsman has ruled against two homeowners in a break-in claim dispute, after their property was found to have been unoccupied for nine months...</p>Tue, 14 Apr 2026 06:14:58 GMTUpper house gives final nod to genetic testing lawhttps://www.insurancenews.com.au/life-insurance/upper-house-gives-final-nod-to-genetic-testing-lawhttps://www.insurancenews.com.au/life-insurance/upper-house-gives-final-nod-to-genetic-testing-law<p>Life insurers will be banned from using genetic test results for underwriting purposes after the Senate voted to pass legislation implementing the reform...</p>Mon, 13 Apr 2026 05:04:49 GMTDispute dashboard ‘completes picture’ on complaints handlinghttps://www.insurancenews.com.au/regulatory-government/dispute-dashboard-completes-picture-on-complaints-handlinghttps://www.insurancenews.com.au/regulatory-government/dispute-dashboard-completes-picture-on-complaints-handling<p>The Australian Securities and Investments Commission&rsquo;s interactive complaints data dashboard has, for the first time, provided company-specific internal dispute resolution details, as submitted by financial services operators...</p>Mon, 13 Apr 2026 04:38:37 GMTMarket upheaval ‘most profound’ war risk for APAChttps://www.insurancenews.com.au/local/market-upheaval-most-profound-war-risk-for-apachttps://www.insurancenews.com.au/local/market-upheaval-most-profound-war-risk-for-apac<p>Financial market turmoil poses the largest risk to Australian and other Asia-Pacific insurers stemming from the Iran war, according to an S&amp;P Global Ratings report on the conflict&rsquo;s impacts...</p>Mon, 13 Apr 2026 04:37:18 GMTMidwives flag ‘systemic failure’ in PI coveragehttps://www.insurancenews.com.au/local/midwives-flag-systemic-failure-in-pi-coveragehttps://www.insurancenews.com.au/local/midwives-flag-systemic-failure-in-pi-coverage<p>The Australian College of Midwives has warned there are limited insurance offerings for members in private practice...</p>Mon, 13 Apr 2026 04:37:12 GMT‘Significant event’: New Zealanders clean up after Vaianuhttps://www.insurancenews.com.au/local/significant-event-new-zealanders-clean-up-after-vaianuhttps://www.insurancenews.com.au/local/significant-event-new-zealanders-clean-up-after-vaianu<p>The Insurance Brokers Association of New Zealand says Cyclone Vaianu will have affected people still recovering from severe weather that hit earlier this year...</p>Mon, 13 Apr 2026 04:37:06 GMTCourt refuses to cap Toyota class action numbershttps://www.insurancenews.com.au/local/court-refuses-to-cap-toyota-class-action-numbershttps://www.insurancenews.com.au/local/court-refuses-to-cap-toyota-class-action-numbers<p>A judge has rejected a bid to limit participation in a class action over insurance attached to finance for car loans...</p>Mon, 13 Apr 2026 04:36:59 GMTIn Insurance News magazine this monthhttps://www.insurancenews.com.au/local/in-insurance-news-magazine-this-month-apr26https://www.insurancenews.com.au/local/in-insurance-news-magazine-this-month-apr26<p>The tobacco wars and their impact on insurance make the cover of the April/May edition of Insurance News magazine, but it&rsquo;s not all bad news...</p>Mon, 13 Apr 2026 04:36:50 GMTWatchdog hails ‘positive start’ to new M&A regimehttps://www.insurancenews.com.au/regulatory-government/watchdog-hails-positive-start-to-new-m-and-a-regimehttps://www.insurancenews.com.au/regulatory-government/watchdog-hails-positive-start-to-new-m-and-a-regime<p>The Australian Competition and Consumer Commission has received 50 merger notifications and 108 waiver applications in the first quarter of a new regime for assessing acquisitions...</p>Mon, 13 Apr 2026 04:36:41 GMT‘Disaster inertia’ grips NZ, researchers warnhttps://www.insurancenews.com.au/local/disaster-inertia-grips-nz-researchers-warnhttps://www.insurancenews.com.au/local/disaster-inertia-grips-nz-researchers-warn<p>New Zealand&rsquo;s disaster responses have simply involved doing more of the same every time, according to three academics who have researched post-catastrophe reviews across the past decade...</p>Mon, 13 Apr 2026 04:35:59 GMTInstitute outlines steps to attract adaptation fundinghttps://www.insurancenews.com.au/local/institute-outlines-steps-to-attract-adaptation-fundinghttps://www.insurancenews.com.au/local/institute-outlines-steps-to-attract-adaptation-funding<p>A lack of structures, systems and co-ordination is preventing capital from being invested in climate adaptation and resilience, the latest Australian Sustainable Finance Institute gathering found...</p>Mon, 13 Apr 2026 04:35:50 GMTExec fined over cartel bid banned from tapping insurancehttps://www.insurancenews.com.au/local/exec-fined-over-cartel-bid-banned-from-tapping-insurancehttps://www.insurancenews.com.au/local/exec-fined-over-cartel-bid-banned-from-tapping-insurance<p>A company director has been ordered not to pursue an insurance payout after he was fined a record $1 million for attempted cartel conduct...</p>Mon, 13 Apr 2026 04:35:21 GMTICNZ reveals new board line-uphttps://www.insurancenews.com.au/local/icnz-reveals-new-board-line-uphttps://www.insurancenews.com.au/local/icnz-reveals-new-board-line-up<p>FMG Insurance CEO Adam Heath has become chairman of the Insurance Council of New Zealand, with Suncorp NZ CEO Jimmy Higgins the deputy chairman...</p>Mon, 13 Apr 2026 04:35:02 GMT