General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/breaking-news/nsw-inquiry-calls-for-strata-commissions-banhttps://www.insurancenews.com.au/breaking-news/nsw-inquiry-calls-for-strata-commissions-ban<p>An inquiry has recommended banning NSW strata managers from accepting commissions and restricting supplier intermediaries including insurance brokers from receiving commissions for related work...</p>Mon, 23 Mar 2026 22:38:18 GMThttps://www.insurancenews.com.au/life-insurance/treasury-consults-on-adviser-education-reformshttps://www.insurancenews.com.au/life-insurance/treasury-consults-on-adviser-education-reforms<p>Federal Treasury has started consulting on its proposed revamp of education requirements for life insurance and other financial advisers...</p>Mon, 23 Mar 2026 04:00:41 GMThttps://www.insurancenews.com.au/life-insurance/no-going-back-on-cancelled-cover-executor-toldhttps://www.insurancenews.com.au/life-insurance/no-going-back-on-cancelled-cover-executor-told<p>A life insurance policy cancelled under the Protecting Your Super regime will not be reinstated despite a complaint that the owner did not understand he was losing the cover...</p>Mon, 23 Mar 2026 04:00:32 GMThttps://www.insurancenews.com.au/life-insurance/met-life-hails-faster-underwriting-outcomeshttps://www.insurancenews.com.au/life-insurance/met-life-hails-faster-underwriting-outcomes<p>MetLife Australia says it has improved turnaround times over the past year after changing its underwriting processes...</p>Mon, 23 Mar 2026 04:00:20 GMThttps://www.insurancenews.com.au/life-insurance/industry-raises-alarm-as-australians-turns-to-bots-for-advicehttps://www.insurancenews.com.au/life-insurance/industry-raises-alarm-as-australians-turns-to-bots-for-advice<p>Life insurers have made a renewed push for progress on the federal government&rsquo;s plan for a new class of adviser to offer &ldquo;simple&rdquo; advice...</p>Mon, 23 Mar 2026 04:00:00 GMThttps://www.insurancenews.com.au/the-professional/lockton-hires-regional-growth-chiefhttps://www.insurancenews.com.au/the-professional/lockton-hires-regional-growth-chief<p>Glenn Preece has been appointed Pacific growth leader at Lockton...</p>Mon, 23 Mar 2026 03:41:38 GMThttps://www.insurancenews.com.au/local/narelle-tipped-to-regain-power-around-wa-coasthttps://www.insurancenews.com.au/local/narelle-tipped-to-regain-power-around-wa-coast<p>Flood emergency warnings remain in place for Katherine and surrounding areas after Ex-Tropical Cyclone Narelle brought heavy rain to the region while moving west towards WA...</p>Mon, 23 Mar 2026 03:38:39 GMThttps://www.insurancenews.com.au/local/code-committee-begins-search-for-new-chairhttps://www.insurancenews.com.au/local/code-committee-begins-search-for-new-chair<p>The General Insurance Code Governance Committee is looking for an independent chair to succeed Veronique Ingram at the end of her second term...</p>Mon, 23 Mar 2026 03:38:33 GMThttps://www.insurancenews.com.au/local/product-recalls-ease-but-regulators-sharply-focusedhttps://www.insurancenews.com.au/local/product-recalls-ease-but-regulators-sharply-focused<p>The number of Australian product safety &ldquo;market actions&rdquo;, including recalls, dropped 3.2% last year, according to Sedgwick...</p>Mon, 23 Mar 2026 03:38:26 GMThttps://www.insurancenews.com.au/local/pacific-w-and-i-market-stable-amid-global-pivothttps://www.insurancenews.com.au/local/pacific-w-and-i-market-stable-amid-global-pivot<p>Sharp downward pressure in transactional risk insurance pricing largely stabilised in the Pacific region last year amid a global market turn, a Marsh report says...</p>Mon, 23 Mar 2026 03:38:17 GMThttps://www.insurancenews.com.au/local/nation-suffers-summer-of-climate-whiplashhttps://www.insurancenews.com.au/local/nation-suffers-summer-of-climate-whiplash<p>Global heating impacts are overpowering natural climate drivers, leading Australia into a period of rapidly changing disaster risk, according to the Climate Council...</p>Mon, 23 Mar 2026 03:38:06 GMThttps://www.insurancenews.com.au/corporate/steadfast-convention-kelly-highlights-potential-of-asian-markethttps://www.insurancenews.com.au/corporate/steadfast-convention-kelly-highlights-potential-of-asian-market<p>Steadfast CEO and co-founder Robert Kelly looked back at three decades of leadership and forward to future challenges during a candid interview at the group&rsquo;s annual convention on the Gold Coast...</p>Mon, 23 Mar 2026 02:44:00 GMThttps://www.insurancenews.com.au/corporate/hollard-sets-standard-on-family-violence-responsehttps://www.insurancenews.com.au/corporate/hollard-sets-standard-on-family-violence-response<p>Hollard has changed its product disclosure statements to help customers affected by family and domestic violence or financial abuse...</p>Mon, 23 Mar 2026 02:43:54 GMThttps://www.insurancenews.com.au/corporate/fast-growing-aviso-specialty-overhauls-leadershiphttps://www.insurancenews.com.au/corporate/fast-growing-aviso-specialty-overhauls-leadership<p>Aviso Specialty says new CEO Josh Roach will focus on deepening client relationships, investing in talent and strengthening insurer collaboration...</p>Mon, 23 Mar 2026 02:43:45 GMThttps://www.insurancenews.com.au/corporate/liberty-m-and-a-cover-helps-future-proof-buyershttps://www.insurancenews.com.au/corporate/liberty-m-and-a-cover-helps-future-proof-buyers<p>Liberty Global Transaction Solutions has launched a product designed to improve protection for buyers in merger and acquisition deals across the Asia-Pacific region...</p>Mon, 23 Mar 2026 02:43:35 GMThttps://www.insurancenews.com.au/regulatory-government/asic-unveils-complaints-dashboardhttps://www.insurancenews.com.au/regulatory-government/asic-unveils-complaints-dashboard<p>The corporate regulator&rsquo;s complaints data portal is now live, providing company-level internal dispute resolution information reported by insurers and other financial entities...</p>Mon, 23 Mar 2026 02:27:17 GMThttps://www.insurancenews.com.au/regulatory-government/mulino-keen-to-keep-safety-net-under-vulnerable-peoplehttps://www.insurancenews.com.au/regulatory-government/mulino-keen-to-keep-safety-net-under-vulnerable-people<p>Financial Services Minister Daniel Mulino says addressing the exclusion of people from insurance as pricing becomes more individualised is a key issue...</p>Mon, 23 Mar 2026 02:27:04 GMThttps://www.insurancenews.com.au/regulatory-government/builder-charged-over-missing-insurancehttps://www.insurancenews.com.au/regulatory-government/builder-charged-over-missing-insurance<p>A Victorian builder faces 15 charges relating to domestic building insurance law breaches...</p>Mon, 23 Mar 2026 02:26:52 GMThttps://www.insurancenews.com.au/regulatory-government/nt-pumps-100-million-into-flood-fixeshttps://www.insurancenews.com.au/regulatory-government/nt-pumps-100-million-into-flood-fixes<p>The NT government has committed $100 million to a flood recovery fund to help communities in Katherine and surrounding areas...</p>Mon, 23 Mar 2026 02:26:41 GMThttps://www.insurancenews.com.au/regulatory-government/coalition-names-new-shadow-minister-for-sectorhttps://www.insurancenews.com.au/regulatory-government/coalition-names-new-shadow-minister-for-sector<p>Nationals MP Kevin Hogan has been made shadow assistant treasurer and financial services minister...</p>Mon, 23 Mar 2026 02:26:27 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