insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auHowden buys FNQ brokerhttps://www.insurancenews.com.au/daily/howden-buys-fnq-brokerhttps://www.insurancenews.com.au/daily/howden-buys-fnq-broker<p>Howden has struck a deal to acquire the Cairns division of broking group CorpSure, which it says will strengthen its presence in the region and its broader Pacific operations...</p>Fri, 19 Dec 2025 03:26:08 GMTASIC clarifies commission stance in conflicts guidehttps://www.insurancenews.com.au/daily/asic-clarifies-commission-stance-in-conflicts-guidehttps://www.insurancenews.com.au/daily/asic-clarifies-commission-stance-in-conflicts-guide<p>Commission-only remuneration arrangements should be avoided, the Australian Securities and Investments Commission says in an updated guide on managing conflicts of interest...</p>Fri, 19 Dec 2025 03:26:00 GMTYoung homeowners in dark on weather preparationshttps://www.insurancenews.com.au/daily/young-homeowners-in-dark-on-weather-preparationshttps://www.insurancenews.com.au/daily/young-homeowners-in-dark-on-weather-preparations<p>NRMA Insurance has warned of a home preparedness generation gap that is leaving young people at risk from severe weather...</p>Fri, 19 Dec 2025 03:25:46 GMTZurich plugs in UnderwriteMe claims automationhttps://www.insurancenews.com.au/daily/zurich-plugs-in-underwrite-me-claims-automationhttps://www.insurancenews.com.au/daily/zurich-plugs-in-underwrite-me-claims-automation<p>Zurich will adopt the UnderwriteMe Claims Engine in Australia as it expands its use of automation...</p>Fri, 19 Dec 2025 03:25:12 GMT‘Broken system’: reviewers demand Comcare shake-uphttps://www.insurancenews.com.au/daily/broken-system-reviewers-demand-comcare-shake-uphttps://www.insurancenews.com.au/daily/broken-system-reviewers-demand-comcare-shake-up<p>An independent review has called for a major overhaul of the management of injured federal government workers...</p>Fri, 19 Dec 2025 03:24:07 GMTBroker code review calls for broader remuneration disclosurehttps://www.insurancenews.com.au/breaking-news/broker-code-review-calls-for-broader-remuneration-disclosurehttps://www.insurancenews.com.au/breaking-news/broker-code-review-calls-for-broader-remuneration-disclosure<p>The independent reviewer of the broking code of practice has called for disclosure of fees and commissions to all individual and small business customers...</p>Thu, 18 Dec 2025 08:00:00 GMTGallagher Re local head to take Allianz positionhttps://www.insurancenews.com.au/daily/gallagher-re-local-head-to-take-allianz-positionhttps://www.insurancenews.com.au/daily/gallagher-re-local-head-to-take-allianz-position<p>Allianz Australia head of reinsurance Michael Crouch will leave the company next year, with the role to be filled by Gallagher Re&rsquo;s local CEO Heather Bone...</p>Thu, 18 Dec 2025 05:31:49 GMTSteadfast’s people chief to leavehttps://www.insurancenews.com.au/daily/steadfast-s-people-chief-to-leavehttps://www.insurancenews.com.au/daily/steadfast-s-people-chief-to-leave<p>Steadfast Group chief people officer Ferzana Yale will depart the business after 16 months in the role...</p>Thu, 18 Dec 2025 05:31:03 GMTNo sentence reduction for man who hired kids to torch homehttps://www.insurancenews.com.au/daily/no-sentence-reduction-for-man-who-hired-kids-to-torch-homehttps://www.insurancenews.com.au/daily/no-sentence-reduction-for-man-who-hired-kids-to-torch-home<p>A fraudster who burnt down his property for an insurance payout has lost his bid for a reduced jail sentence...</p>Thu, 18 Dec 2025 05:30:28 GMTCar theft victim loses battle over ‘unjust’ deductionshttps://www.insurancenews.com.au/daily/car-theft-victim-loses-battle-over-unjust-deductionshttps://www.insurancenews.com.au/daily/car-theft-victim-loses-battle-over-unjust-deductions<p>A company has failed to overturn insurer deductions including unpaid premium after its vehicle was stolen six days into an annual policy...</p>Thu, 18 Dec 2025 05:30:13 GMTHostel suffers setback as premium row heads to final judgmenthttps://www.insurancenews.com.au/the-broker/hostel-suffers-setback-as-premium-row-heads-to-final-judgmenthttps://www.insurancenews.com.au/the-broker/hostel-suffers-setback-as-premium-row-heads-to-final-judgment<p>The owner and tenant of a Surfers Paradise backpacker hostel have lost legal action seeking an interim ban on their body corporate charging a substantially higher share of a strata insurance premium...</p>Thu, 18 Dec 2025 00:44:27 GMTOmbudsman puts brake on servo’s theft payouthttps://www.insurancenews.com.au/the-broker/ombudsman-puts-brake-on-servo-s-theft-payouthttps://www.insurancenews.com.au/the-broker/ombudsman-puts-brake-on-servo-s-theft-payout<p>The owner of a service station seeking a $69,000 theft payout has lost a claim dispute with Suncorp...</p>Thu, 18 Dec 2025 00:44:09 GMTJavln buys Australian business after $6 million capital raisehttps://www.insurancenews.com.au/the-broker/javln-buys-australian-business-after-6-million-capital-raisehttps://www.insurancenews.com.au/the-broker/javln-buys-australian-business-after-6-million-capital-raise<p>Insurance software group Javln has acquired organiseit, an Australian document management system provider...</p>Thu, 18 Dec 2025 00:43:58 GMTClaims specialists join forces for national reachhttps://www.insurancenews.com.au/the-broker/claims-specialists-join-forces-for-national-reachhttps://www.insurancenews.com.au/the-broker/claims-specialists-join-forces-for-national-reach<p>Martin Minett Claims Preparation says its new alliance with Southern MSM will &ldquo;strengthen its national coverage and technical expertise&rdquo;...</p>Thu, 18 Dec 2025 00:43:35 GMTFuture of broking features at Outlook conferencehttps://www.insurancenews.com.au/the-broker/future-of-broking-features-at-outlook-conferencehttps://www.insurancenews.com.au/the-broker/future-of-broking-features-at-outlook-conference<p>The evolution of SME and mid-market insurance distribution over the next 10 years will be the focus of a key session at the Insurance News Outlook 2026 conference...</p>Thu, 18 Dec 2025 00:43:10 GMT‘Fast turnarounds, vacant premises’: SME warned on holiday riskshttps://www.insurancenews.com.au/the-broker/fast-turnarounds-vacant-premises-sme-warned-on-holiday-riskshttps://www.insurancenews.com.au/the-broker/fast-turnarounds-vacant-premises-sme-warned-on-holiday-risks<p>The trades, hospitality and retail industries are the leading sources of insurance claims over the Christmas and new year period, analysis by BizCover shows...</p>Thu, 18 Dec 2025 00:42:25 GMTCHU expands capacity for ‘considerably larger buildings’https://www.insurancenews.com.au/the-broker/chu-expands-capacity-for-considerably-larger-buildingshttps://www.insurancenews.com.au/the-broker/chu-expands-capacity-for-considerably-larger-buildings<p>Strata underwriter CHU has increased its coverage cap for residential and commercial buildings to cater for larger risks...</p>Thu, 18 Dec 2025 00:42:05 GMTPerth broker joins Ausure AR networkhttps://www.insurancenews.com.au/the-broker/perth-broker-joins-ausure-ar-networkhttps://www.insurancenews.com.au/the-broker/perth-broker-joins-ausure-ar-network<p>Ausure says InsuranceTek, led by principal broker Mark Adams, has become an authorised representative of the Steadfast-backed network...</p>Thu, 18 Dec 2025 00:41:56 GMTCost pressures ‘emerging’ after CTP reformshttps://www.insurancenews.com.au/daily/cost-pressures-emerging-after-ctp-reformshttps://www.insurancenews.com.au/daily/cost-pressures-emerging-after-ctp-reforms<p>NSW compulsory third party motor premiums are under pressure from rising claim costs and frequency, a parliamentary review has heard...</p>Wed, 17 Dec 2025 05:03:16 GMTUS fires, storms drive $161 billion global cat billhttps://www.insurancenews.com.au/daily/us-fires-storms-drive-161-billion-global-cat-billhttps://www.insurancenews.com.au/daily/us-fires-storms-drive-161-billion-global-cat-bill<p>Global insured losses from natural catastrophes have passed $US100 billion ($150.81 billion) for the sixth consecutive year, with US events a key driver, according to Swiss Re...</p>Wed, 17 Dec 2025 05:03:01 GMT