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Liquidator probes Sphere trust account transactions

Fri, 31 Jul 2026 06:27:20 GMT

Sphere Insurance Group’s liquidator has taken Federal Court action to freeze assets and gain information after finding on appointment that a client money trust account showed a balance of $44.15...

ICA tweaks code timeline as more feedback rolls in

Fri, 31 Jul 2026 06:27:05 GMT

The Insurance Council of Australia plans to lodge its redrafted code of practice with the corporate regulator in late October, under an amended timeline...

Marine agency RedSky joins Epsilon crew

Fri, 31 Jul 2026 06:15:45 GMT

Marine specialist RedSky Insurance has become part of Epsilon Underwriting under a partnership agreement...

AFCA rejects malicious damage claim after builder wrecks yard

Fri, 31 Jul 2026 06:15:26 GMT

Homeowners have lost a claim dispute over botched renovations after the industry ombudsman found their insurer correctly assessed that the damage was not covered...

Steadfast announces sudden departure of broking chief

Fri, 31 Jul 2026 05:23:30 GMT

Steadfast’s CEO Australasia broking Tim Mathieson will leave the business with immediate effect, insuranceNEWS.com.au can confirm...

NIBA flags preferred ESL model, calls for broker recognition

Thu, 30 Jul 2026 06:08:27 GMT

Brokers have urged NSW to adopt an emergency services levy replacement model with enough finely graduated tiers to prevent “material liability cliffs”...

Treat artificial intelligence like an employee, conference hears

Thu, 30 Jul 2026 06:08:18 GMT

Almost 200 professionals met in Sydney for the sold-out Insurance News Beyond the Buzzwords conference yesterday to hear how technology is reshaping the industry...

Industry moves to carve out silent AI risks

Thu, 30 Jul 2026 06:08:06 GMT

Commercial insurers have moved from “discussing to implementing” artificial intelligence exclusions in contracts after industry analytics group Verisk released a set of standardised endorsement templates...

Tiny teeth lead to big bill, and a long row over settlement

Thu, 30 Jul 2026 06:07:46 GMT

Rodents chewing through a dishwasher hose have triggered a payout of more than $200,000 after water and mould damage forced a family from their home for more than a year...

Code consultation enters final week

Thu, 30 Jul 2026 02:30:50 GMT

Feedback on the proposed redraft of the broking code of practice is due by the end of next week, the profession’s peak body says in a reminder...

Ombudsman rejects ‘inexact’ evidence after factory arson allegation

Thu, 30 Jul 2026 02:30:42 GMT

An insurer must pay a factory fire claim after the industry ombudsman found it failed to prove the business’ owner deliberately lit the blaze...

Soft market ‘risks false comfort on coverage’ amid inflation

Thu, 30 Jul 2026 02:22:56 GMT

Construction costs and premium rates are moving in opposite directions, reflecting a “soft market paradox” that can increase the risk of underinsurance, Marsh has warned...

Signs of a turn in financial institutions market cycle

Thu, 30 Jul 2026 02:01:38 GMT

Lockton has flagged a potential shift in the financial institutions market as rate reductions slow and insurers become more selective...

Broker couple jailed for Ponzi-style premium fraud

Thu, 30 Jul 2026 02:01:26 GMT

A US insurance brokerage owner and his wife have been jailed after admitting a $1.3 million scam diverting clients’ premium payments for personal use, leaving some without cover...

Tributes to ‘stalwart of industry’

Thu, 30 Jul 2026 02:00:18 GMT

Alexander “Sandy” David Ross, a key figure at JMD Ross Insurance Brokers and one of the last remaining Australian Lloyd’s Names, has died aged 84.

Blue Zebra opens disaster support portal

Thu, 30 Jul 2026 01:59:19 GMT

Blue Zebra has launched its Natural Disaster Hub to help customers affected by floods, cyclones and other severe events...

Delta recruits underwriting head

Thu, 30 Jul 2026 01:59:08 GMT

Delta Insurance Australia has appointed Jane Mason as head of underwriting...

AI tipped to reshape industry after 20 years ‘treading water’

Wed, 29 Jul 2026 06:21:08 GMT

AI could transform the economics of the global insurance industry, creating new opportunities for growth and finally upending long-established business models, according to McKinsey...

Worst for car crime and crashes: city claims another unenviable title

Wed, 29 Jul 2026 06:21:00 GMT

Melbourne contains nine of the nation’s 10 worst car crash hotspots, according to AAMI...

Insurer to pay for BMW damage after double defeat before AFCA

Wed, 29 Jul 2026 06:20:50 GMT

The industry ombudsman has ordered an insurer to pay more than $20,000 for damage caused to a BMW while it was being repaired, after it twice rejected claims for the vehicle...