insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auIAG agrees to Greensill dispute settlementhttps://www.insurancenews.com.au/corporate/iag-agrees-to-greensill-dispute-settlementhttps://www.insurancenews.com.au/corporate/iag-agrees-to-greensill-dispute-settlement<p>IAG has settled a dispute with Credit Suisse related to the collapse of Greensill that involved claimed amounts of about $2.8 billion plus interest...</p>Fri, 25 Sep 2026 06:14:19 GMTLying truck driver told to return workers’ comp cashhttps://www.insurancenews.com.au/regulatory-government/lying-truck-driver-ordered-to-return-workers-comp-cashhttps://www.insurancenews.com.au/regulatory-government/lying-truck-driver-ordered-to-return-workers-comp-cash<p>A Victorian truck driver has been ordered to return more than $200,000 he took from the state&rsquo;s workers&rsquo; compensation scheme while working...</p>Fri, 25 Sep 2026 06:14:12 GMTKatherine levee to boost flood protectionhttps://www.insurancenews.com.au/regulatory-government/katherine-levee-to-boost-flood-protectionhttps://www.insurancenews.com.au/regulatory-government/katherine-levee-to-boost-flood-protection<p>The NT government says it&rsquo;s providing funding for a Katherine South levee that will protect an additional 210 homes and businesses, following devastating flooding earlier this year...</p>Fri, 25 Sep 2026 06:08:43 GMTJeep crash claim was fraud: AFCAhttps://www.insurancenews.com.au/daily/jeep-crash-claim-was-fraud-afcahttps://www.insurancenews.com.au/daily/jeep-crash-claim-was-fraud-afca<p>An insurer was entitled to reject a car crash claim as fraudulent as a Jeep was covered for far more than it was worth and forensic evidence contradicted the policyholder&rsquo;s account of events, the industry ombudsman has ruled...</p>Fri, 25 Sep 2026 05:22:15 GMTMitti Insurance goes global with its data-led platform for successhttps://www.insurancenews.com.au/inside-information/mitti-insurance-goes-global-with-its-data-led-platform-for-successhttps://www.insurancenews.com.au/inside-information/mitti-insurance-goes-global-with-its-data-led-platform-for-success<p>Turning insurance from a reactive sector that pays out after disaster strikes, to a proactive one that anticipates and cuts the risk of a claim is the lodestar...</p>Fri, 25 Sep 2026 02:33:09 GMTSuncorp flags resilience concerns over homes pushhttps://www.insurancenews.com.au/local/suncorp-flags-resilience-concerns-over-drive-to-build-more-homeshttps://www.insurancenews.com.au/local/suncorp-flags-resilience-concerns-over-drive-to-build-more-homes<p>The drive to build more homes as a way to address housing affordability challenges could have drawbacks, Suncorp CEO Steve Johnston cautions, as he advocates for a long-term national resilience plan...</p>Thu, 24 Sep 2026 06:22:45 GMTICA-led delegation heads to US, Europehttps://www.insurancenews.com.au/local/ica-led-delegation-heads-to-us-europehttps://www.insurancenews.com.au/local/ica-led-delegation-heads-to-us-europe<p>Politicians, government officials and insurance industry leaders will next week depart for Washington DC, New York, Zurich and London to examine how a new set of risks is reshaping the market and driving policy challenges globally...</p>Thu, 24 Sep 2026 06:19:32 GMTGovt department fined over child’s Questacon burns  https://www.insurancenews.com.au/regulatory-government/department-fined-over-child-s-questacon-burnshttps://www.insurancenews.com.au/regulatory-government/department-fined-over-child-s-questacon-burns<p>A federal government department has been convicted and fined $140,000 after a child visiting the Questacon science and technology centre in Canberra was seriously injured when their hands caught fire...</p>Thu, 24 Sep 2026 06:15:17 GMTStrata storm claim turns toxichttps://www.insurancenews.com.au/daily/mould-standard-strata-storm-claim-turns-toxichttps://www.insurancenews.com.au/daily/mould-standard-strata-storm-claim-turns-toxic<p>A strata insurer failed to carry out mould remediation in accordance with accepted standards, leaving a property contaminated and its vulnerable occupants without temporary accommodation for more than a year after storm damage, the industry ombudsman has found...</p>Thu, 24 Sep 2026 06:05:08 GMTBroking entry education levels on the risehttps://www.insurancenews.com.au/the-broker/broking-entry-education-levels-on-the-risehttps://www.insurancenews.com.au/the-broker/broking-entry-education-levels-on-the-rise<p>Brokers are entering the profession with higher education levels than in the past but pathways remain largely informal, a report released by the National Insurance Brokers Association shows...</p>Thu, 24 Sep 2026 02:11:19 GMTBeekeeper stung by fire claim rulinghttps://www.insurancenews.com.au/the-broker/beekeeper-stung-by-fire-claim-rulinghttps://www.insurancenews.com.au/the-broker/beekeeper-stung-by-fire-claim-ruling<p>An insurer was entitled to partially decline a bushfire claim from a beekeeping business after the industry ombudsman ruled the policy&rsquo;s temporary removal benefit did not cover hives primarily located at apiaries...</p>Thu, 24 Sep 2026 02:11:10 GMTMcLardy McShane launches specialty offeringhttps://www.insurancenews.com.au/the-broker/mc-lardy-mc-shane-launches-specialty-offeringhttps://www.insurancenews.com.au/the-broker/mc-lardy-mc-shane-launches-specialty-offering<p>McLardy McShane Specialty has launched, helmed by director and principal broker Dave Stott...</p>Thu, 24 Sep 2026 02:10:57 GMTNIBA finalises claims broker award contendershttps://www.insurancenews.com.au/the-broker/niba-finalises-claims-broker-award-contendershttps://www.insurancenews.com.au/the-broker/niba-finalises-claims-broker-award-contenders<p>The National Insurance Brokers Association has shortlisted the finalists for its claims broker of the year award...</p>Thu, 24 Sep 2026 02:10:47 GMTHowden tracks data centre exposurehttps://www.insurancenews.com.au/the-broker/howden-tracks-data-centre-exposurehttps://www.insurancenews.com.au/the-broker/howden-tracks-data-centre-exposure<p>The rapid expansion of data centres is creating highly concentrated exposures to extreme weather, armed conflict and community disputes, according to new research from Howden...</p>Thu, 24 Sep 2026 02:10:33 GMTAon promotes Drummond to global rolehttps://www.insurancenews.com.au/the-broker/aon-promotes-drummond-to-global-rolehttps://www.insurancenews.com.au/the-broker/aon-promotes-drummond-to-global-role<p>Aon has promoted Jane Drummond to global chief commercial officer, effective from January...</p>Thu, 24 Sep 2026 02:10:15 GMTMarsh calls for ‘place-based’ resilience focushttps://www.insurancenews.com.au/the-broker/marsh-calls-for-place-based-resilience-focushttps://www.insurancenews.com.au/the-broker/marsh-calls-for-place-based-resilience-focus<p>Marsh has produced a disaster resilience &ldquo;place-based&rdquo; action plan in collaboration with the World Economic Forum...</p>Thu, 24 Sep 2026 02:07:01 GMTInvestment returns boost maritime P&I clubshttps://www.insurancenews.com.au/the-broker/investment-returns-boost-maritime-p-and-i-clubshttps://www.insurancenews.com.au/the-broker/investment-returns-boost-maritime-p-and-i-clubs<p>The International Group of protection and indemnity clubs that provide maritime cover generally produced improved results last year, a report by AUB-owned Tysers says...</p>Thu, 24 Sep 2026 02:01:19 GMTBroker pathways changing as expectations risehttps://www.insurancenews.com.au/the-professional/broker-pathways-changing-as-expectations-risehttps://www.insurancenews.com.au/the-professional/broker-pathways-changing-as-expectations-rise<p>Insurance broking is transitioning from an informal, experience-driven occupation to a more structured and professional career, driven by generational shifts in education, evolving skill requirements, and the need for clearer entry pathways, a new report says...</p>Wed, 23 Sep 2026 06:03:38 GMTDXC names innovative insurance tech startupshttps://www.insurancenews.com.au/insurtech/dxc-names-innovative-insurance-tech-startupshttps://www.insurancenews.com.au/insurtech/dxc-names-innovative-insurance-tech-startups<p>DXC has announced the winners of its annual awards recognising innovative late-stage insurance technology firms in Australia and New Zealand...</p>Wed, 23 Sep 2026 05:55:45 GMTLuxury jewellery theft claim rings hollow, says AFCAhttps://www.insurancenews.com.au/daily/luxury-jewellery-theft-claim-rings-hollow-says-afcahttps://www.insurancenews.com.au/daily/luxury-jewellery-theft-claim-rings-hollow-says-afca<p>A beauty salon owner and serial claimant who said $200,000 worth of jewellery and other possessions had been stolen from her car has failed to convince the industry ombudsman that the luxury items were in the vehicle...</p>Wed, 23 Sep 2026 05:22:22 GMT