insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auWild frontier: watchdog warns on AI threat as Mythos stokes fearhttps://www.insurancenews.com.au/daily/wild-frontier-watchdog-warns-on-ai-threat-as-mythos-stokes-fearhttps://www.insurancenews.com.au/daily/wild-frontier-watchdog-warns-on-ai-threat-as-mythos-stokes-fear<p>The corporate regulator has raised alarm over Mythos and other advanced AI tools, as it urges insurers and other financial services providers to &ldquo;act now&rdquo; on stronger cybersecurity...</p>Fri, 08 May 2026 06:07:05 GMTQBE on track despite geopolitical turmoilhttps://www.insurancenews.com.au/daily/qbe-on-track-despite-geopolitical-turmoilhttps://www.insurancenews.com.au/daily/qbe-on-track-despite-geopolitical-turmoil<p>QBE has reported first-quarter gross written premium increases in line with expectations and catastrophe costs including Middle East impacts well within allowance...</p>Fri, 08 May 2026 06:01:29 GMTWorkers’ comp fraudster feels heat over his saucy secrethttps://www.insurancenews.com.au/daily/workers-comp-fraudster-feels-heat-over-his-saucy-secrethttps://www.insurancenews.com.au/daily/workers-comp-fraudster-feels-heat-over-his-saucy-secret<p>A former supermarket worker caught running a chilli sauce business while receiving compensation for a work-related injury has been ordered to pay back more than $117,000...</p>Fri, 08 May 2026 06:00:46 GMTMum wins compensation after email error sparks ‘harassment and abuse’https://www.insurancenews.com.au/daily/mum-wins-compensation-after-email-error-sparks-harassment-and-abusehttps://www.insurancenews.com.au/daily/mum-wins-compensation-after-email-error-sparks-harassment-and-abuse<p>An insurer has been ordered to pay compensation to a mother after it mistakenly sent her abusive ex-husband an email said to contain her &ldquo;highly sensitive personal information&rdquo;...</p>Fri, 08 May 2026 06:00:15 GMTAustralia ‘taking global crown’ as litigation hotspothttps://www.insurancenews.com.au/daily/australia-taking-global-crown-as-litigation-hotspothttps://www.insurancenews.com.au/daily/australia-taking-global-crown-as-litigation-hotspot<p>Reinsurers view Australia as the most litigious market in the world, Insurance Council of Australia CEO Andrew Hall told an inquiry today, as the industry body pushes for a civil liability review...</p>Thu, 07 May 2026 06:27:11 GMTProclaim, DWF name leadership teamhttps://www.insurancenews.com.au/daily/proclaim-dwf-name-leadership-teamhttps://www.insurancenews.com.au/daily/proclaim-dwf-name-leadership-team<p>DWF and Proclaim have a new leadership structure for their combined Australian claims management business...</p>Thu, 07 May 2026 05:50:50 GMTChanging of the guard at Finity as long-serving boss retireshttps://www.insurancenews.com.au/daily/changing-of-the-guard-at-finity-as-long-serving-leader-retireshttps://www.insurancenews.com.au/daily/changing-of-the-guard-at-finity-as-long-serving-leader-retires<p>Finity Consulting has announced MD Scott Collings will retire this year and be replaced by chairman Nelson Henwood...</p>Thu, 07 May 2026 05:33:25 GMTBad vibes: house claim crumbles on ‘impact’https://www.insurancenews.com.au/daily/bad-vibes-house-claim-crumbles-on-impacthttps://www.insurancenews.com.au/daily/bad-vibes-house-claim-crumbles-on-impact<p>A property owner has lost her bid for a payout after the industry ombudsman ruled vibrations do not constitute an &ldquo;impact&rdquo; on a home...</p>Thu, 07 May 2026 05:32:00 GMT‘Near monopoly’ keeps premiums high for tattoo artistshttps://www.insurancenews.com.au/the-broker/near-monopoly-keeps-premiums-high-for-tattoo-artistshttps://www.insurancenews.com.au/the-broker/near-monopoly-keeps-premiums-high-for-tattoo-artists<p>The Australian Tattooists Guild says the &ldquo;effective operation of a near monopoly&rdquo; in the insurance market has kept premiums unaffordable for its members...</p>Thu, 07 May 2026 02:18:33 GMTRenewing clients urged to look beyond ‘typical’ market outlookshttps://www.insurancenews.com.au/the-broker/renewing-clients-urged-to-look-beyond-typical-market-outlookshttps://www.insurancenews.com.au/the-broker/renewing-clients-urged-to-look-beyond-typical-market-outlooks<p>Market trends and past rate changes offer some guidance ahead of renewals but do not always provide a complete picture to help insureds secure optimal results, according to an Aviso Specialty report...</p>Thu, 07 May 2026 01:42:08 GMTCoalition to run commercial cyber for Allianzhttps://www.insurancenews.com.au/the-broker/coalition-to-run-commercial-cyber-for-allianzhttps://www.insurancenews.com.au/the-broker/coalition-to-run-commercial-cyber-for-allianz<p>Allianz has agreed to move its standalone commercial cyber insurance business to US-based Coalition...</p>Thu, 07 May 2026 01:40:51 GMTSerial late payer wins cow crash rowhttps://www.insurancenews.com.au/the-broker/serial-late-payer-wins-cow-crash-rowhttps://www.insurancenews.com.au/the-broker/serial-late-payer-wins-cow-crash-row<p>A farm pack policyholder will be covered for vehicle damage caused by his cow despite failing to pay a renewal premium before the due date...</p>Thu, 07 May 2026 01:40:41 GMTAI-powered tool helps Gallagher score client riskhttps://www.insurancenews.com.au/the-broker/ai-powered-tool-helps-gallagher-score-client-riskhttps://www.insurancenews.com.au/the-broker/ai-powered-tool-helps-gallagher-score-client-risk<p>Gallagher says its new Blueprint tool can &ldquo;help clients strengthen their risk profile and structure stronger, cost-efficient insurance programs&rdquo;...</p>Thu, 07 May 2026 01:40:22 GMTAviso Specialty fills people risk rolehttps://www.insurancenews.com.au/the-broker/aviso-specialty-fills-people-risk-rolehttps://www.insurancenews.com.au/the-broker/aviso-specialty-fills-people-risk-role<p>Aviso Specialty has appointed Neil Robinson as national manager for people risk solutions...</p>Thu, 07 May 2026 01:39:56 GMTFM rolls out a cover made for manufacturershttps://www.insurancenews.com.au/the-broker/fm-rolls-out-a-cover-made-for-manufacturershttps://www.insurancenews.com.au/the-broker/fm-rolls-out-a-cover-made-for-manufacturers<p>Commercial property insurer FM has launched a product for manufacturers with risk profiles of &ldquo;medium complexity&rdquo;...</p>Thu, 07 May 2026 01:39:25 GMTMarathon manager raises more than $8k for Black Dog Institutehttps://www.insurancenews.com.au/the-broker/marathon-manager-raises-more-than-8k-for-black-dog-institutehttps://www.insurancenews.com.au/the-broker/marathon-manager-raises-more-than-8k-for-black-dog-institute<p>DLB Insurance &amp; Risk Solutions MD Dean Bowen will run the Gold Coast Marathon in July to support men&rsquo;s mental health...</p>Thu, 07 May 2026 01:38:49 GMTIndustry bodies bemoan ‘killer’ premiums as inquiry hearings beginhttps://www.insurancenews.com.au/daily/industry-bodies-bemoan-killer-premiums-as-inquiry-hearings-beginhttps://www.insurancenews.com.au/daily/industry-bodies-bemoan-killer-premiums-as-inquiry-hearings-begin<p>High insurance premiums are a &ldquo;real killer&rdquo; for small businesses, a federal parliamentary inquiry heard today...</p>Wed, 06 May 2026 06:24:36 GMTPrices ‘continue to soften’ but war casts shadow over markethttps://www.insurancenews.com.au/daily/prices-continue-to-soften-but-war-casts-shadow-over-markethttps://www.insurancenews.com.au/daily/prices-continue-to-soften-but-war-casts-shadow-over-market<p>Australian pricing fell 11%-20% in the first quarter amid abundant capacity and broader coverage, while the Middle East conflict adds uncertainty to the global outlook, according to an Aon report...</p>Wed, 06 May 2026 05:43:18 GMT‘Dynamic leader’ takes reins as Sedgwick fills top jobshttps://www.insurancenews.com.au/daily/dynamic-leader-takes-reins-as-sedgwick-fills-top-jobshttps://www.insurancenews.com.au/daily/dynamic-leader-takes-reins-as-sedgwick-fills-top-jobs<p>Sedgwick has made Simon Kay CEO of its Australian business under a new leadership line-up following the retirement last year of former chief Diego Ascani...</p>Wed, 06 May 2026 05:41:45 GMTINsight podcast: talking affordability action planshttps://www.insurancenews.com.au/daily/insight-podcast-talking-affordability-action-planshttps://www.insurancenews.com.au/daily/insight-podcast-talking-affordability-action-plans<p>Home insurance affordability challenges and what to do about them are discussed in detail on the latest episode of the Insurance News podcast...</p>Wed, 06 May 2026 03:46:13 GMT