insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSteadfast denies misuse of power in $3m row with ex-memberhttps://www.insurancenews.com.au/daily/steadfast-denies-misuse-of-power-in-legal-row-with-ex-memberhttps://www.insurancenews.com.au/daily/steadfast-denies-misuse-of-power-in-legal-row-with-ex-member<p>Steadfast Group has rejected an accusation of &ldquo;market power misuse&rdquo; made by Dynamic Insurance Services, a Perth-based broking and authorised representative network...</p>Fri, 15 May 2026 05:36:49 GMTHere to spray: flexi-hose claim costs rise againhttps://www.insurancenews.com.au/daily/here-to-spray-flexi-hose-claim-costs-rise-againhttps://www.insurancenews.com.au/daily/here-to-spray-flexi-hose-claim-costs-rise-again<p>Suncorp says the cost of claims caused by bursting flexi-hoses is still rising, and the ticking time bombs are not going anywhere in the short term...</p>Fri, 15 May 2026 05:36:36 GMTWatchdog waves through Zurich-ClearView dealhttps://www.insurancenews.com.au/daily/watchdog-waves-through-zurich-clear-view-dealhttps://www.insurancenews.com.au/daily/watchdog-waves-through-zurich-clear-view-deal<p>The Australian Competition and Consumer Commission has cleared Zurich to proceed with its acquisition of life insurer ClearView Wealth...</p>Fri, 15 May 2026 05:36:35 GMTAFCA unimpressed at driver’s U-turn on car theft accounthttps://www.insurancenews.com.au/daily/afca-unimpressed-at-driver-s-u-turn-on-car-theft-accounthttps://www.insurancenews.com.au/daily/afca-unimpressed-at-driver-s-u-turn-on-car-theft-account<p>A motor policyholder has lost a claim dispute after saying she had left a key in her stolen car, before changing her story when told an exclusion would apply...</p>Fri, 15 May 2026 05:36:13 GMT‘Government has listened’: state backtracks on TasInsurehttps://www.insurancenews.com.au/daily/government-has-listened-state-backtracks-on-tas-insurehttps://www.insurancenews.com.au/daily/government-has-listened-state-backtracks-on-tas-insure<p>Premier Jeremy Rockliff says Tasmania will &ldquo;partner with insurers, brokers, reinsurers&rdquo; to fix insurance affordability and availability gaps in the island state...</p>Thu, 14 May 2026 05:56:19 GMTTour guide’s helicopter claim crashes despite cost savinghttps://www.insurancenews.com.au/daily/tour-guide-s-helicopter-claim-crashes-despite-cost-savinghttps://www.insurancenews.com.au/daily/tour-guide-s-helicopter-claim-crashes-despite-cost-saving<p>A trek guide who chartered a helicopter to deliver vital equipment that was delayed in transit has lost a coverage dispute, even though his actions prevented separate trip cancellation claims from his 29 clients...</p>Thu, 14 May 2026 05:55:33 GMTFood maker fined again after fingers ‘crushed, lacerated, amputated’https://www.insurancenews.com.au/daily/food-maker-fined-again-after-fingers-crushed-lacerated-amputatedhttps://www.insurancenews.com.au/daily/food-maker-fined-again-after-fingers-crushed-lacerated-amputated<p>A frozen food manufacturer has been fined $180,000 after a worker's finger was cut in a dough-mixing machine...</p>Thu, 14 May 2026 05:55:20 GMTINsight podcast: federal budget disappoints againhttps://www.insurancenews.com.au/daily/insight-podcast-federal-budget-disappoints-againhttps://www.insurancenews.com.au/daily/insight-podcast-federal-budget-disappoints-again<p>The federal budget and its lack of action on insurance and disaster mitigation is the first topic discussed on the latest episode of the Insurance News podcast...</p>Thu, 14 May 2026 05:52:43 GMTIAG backs intermediated unit to ride out soft markethttps://www.insurancenews.com.au/the-broker/iag-backs-intermediated-unit-to-ride-out-soft-markethttps://www.insurancenews.com.au/the-broker/iag-backs-intermediated-unit-to-ride-out-soft-market<p>IAG says its Intermediated Insurance Australia division has the right mix of business to manage the soft commercial market...</p>Thu, 14 May 2026 02:20:09 GMT‘Clarity and consistency’ vow as QBE streamlines business offeringhttps://www.insurancenews.com.au/the-broker/clarity-and-consistency-vow-as-qbe-streamlines-business-offeringhttps://www.insurancenews.com.au/the-broker/clarity-and-consistency-vow-as-qbe-streamlines-business-offering<p>QBE will stop offering office and trade pack products from July as it moves to a single standard business cover...</p>Thu, 14 May 2026 02:20:01 GMTCase closed on open air exclusion after car break-inhttps://www.insurancenews.com.au/the-broker/case-closed-on-open-air-exclusion-after-car-thefthttps://www.insurancenews.com.au/the-broker/case-closed-on-open-air-exclusion-after-car-theft<p>A business has won a dispute over an &ldquo;open air&rdquo; exclusion that was applied to its claim for an item stolen from a locked car...</p>Thu, 14 May 2026 02:19:54 GMTCyber advice directory aims to close UK coverage gaphttps://www.insurancenews.com.au/the-broker/cyber-advice-directory-aims-to-close-uk-coverage-gaphttps://www.insurancenews.com.au/the-broker/cyber-advice-directory-aims-to-close-uk-coverage-gap<p>The British Insurance Brokers' Association has launched a directory to help close the cyber insurance protection gap by ensuring SMEs are pointed to expert advisers...</p>Thu, 14 May 2026 02:19:32 GMTGallagher Re fills MGA leadership rolehttps://www.insurancenews.com.au/the-broker/gallagher-re-fills-mga-leadership-rolehttps://www.insurancenews.com.au/the-broker/gallagher-re-fills-mga-leadership-role<p>Russell Hails has been promoted to head of MGA Solutions in Asia-Pacific at Gallagher Re...</p>Thu, 14 May 2026 01:11:30 GMTAllianz promos flag personal and commercial revamphttps://www.insurancenews.com.au/the-broker/allianz-promos-flag-personal-and-commercial-revamphttps://www.insurancenews.com.au/the-broker/allianz-promos-flag-personal-and-commercial-revamp<p>Allianz has launched a promotional campaign following a shake-up of its personal injury and commercial proposition, under the banner &ldquo;care in your corner&rdquo;...</p>Thu, 14 May 2026 01:11:16 GMTAUB names new board memberhttps://www.insurancenews.com.au/the-broker/aub-names-new-board-memberhttps://www.insurancenews.com.au/the-broker/aub-names-new-board-member<p>Former National Australia Bank CFO Gary Lennon has been appointed non-executive director at AUB...</p>Thu, 14 May 2026 01:10:35 GMTBizCover hails ‘incredible’ customer milestonehttps://www.insurancenews.com.au/the-broker/biz-cover-hails-incredible-customer-milestonehttps://www.insurancenews.com.au/the-broker/biz-cover-hails-incredible-customer-milestone<p>SME specialist BizCover says more than 300,000 customers have used its quote and buy portal to obtain or renew cover...</p>Thu, 14 May 2026 01:10:16 GMTBudget acts on affordability, misses on mitigationhttps://www.insurancenews.com.au/daily/budget-acts-on-affordability-misses-on-mitigationhttps://www.insurancenews.com.au/daily/budget-acts-on-affordability-misses-on-mitigation<p>The federal budget has allocated $3.4 million over four years to develop measures that drive down property insurance costs and reduce unintentional underinsurance, but the government has not delivered a mitigation infrastructure boost...</p>Wed, 13 May 2026 06:06:19 GMTRACQ Insurance defends ‘misleading’ comparisonshttps://www.insurancenews.com.au/daily/renewal-figures-were-bid-to-meet-comparison-rule-racq-insurancehttps://www.insurancenews.com.au/daily/renewal-figures-were-bid-to-meet-comparison-rule-racq-insurance<p>RACQ Insurance has defended its renewal premium disclosures in response to Federal Court action by the corporate regulator...</p>Wed, 13 May 2026 06:06:10 GMTAustralian chief takes Swiss Re global specialty jobhttps://www.insurancenews.com.au/daily/australian-chief-takes-swiss-re-global-specialty-jobhttps://www.insurancenews.com.au/daily/australian-chief-takes-swiss-re-global-specialty-job<p>Swiss Re Australia and New Zealand CEO Trent Thomson will become the group&rsquo;s head of global specialty, based in London, from July 1...</p>Wed, 13 May 2026 06:05:55 GMT‘Cosmetic’ row ends in call for a makeoverhttps://www.insurancenews.com.au/daily/cosmetic-row-ends-in-call-for-a-makeoverhttps://www.insurancenews.com.au/daily/cosmetic-row-ends-in-call-for-a-makeover<p>A strata block owners&rsquo; corporation has won a payout for hail damage after the industry ombudsman ruled roof dents were more than a &ldquo;minor cosmetic&rdquo; issue...</p>Wed, 13 May 2026 06:05:46 GMT