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Allianz revamps farm cover

Mon, 20 Jul 2026 05:17:13 GMT

Allianz Australia has reviewed its farm pack insurance to make it “simpler, with more relevant cover”...

Raise takes Cover Genius valuation to $2.7 billion

Mon, 20 Jul 2026 05:17:06 GMT

Embedded insurance giant Cover Genius has completed a $US100 million ($143.79 million) capital raise it says will advance its global expansion and “AI-first” platform...

QBE, Blue Zebra extend motor partnership

Mon, 20 Jul 2026 05:16:43 GMT

Blue Zebra has secured a new motor underwriting agreement with capacity provider QBE after the pact signed last year expired...

Industry urged to collaborate on ‘agent economy’ risk

Mon, 20 Jul 2026 05:07:04 GMT

The speed of AI development has made its risk largely unpriced and invisible, and it is a time bomb for insurers, a new report says...

AFCA sets bar for benefit recovery in IP row

Mon, 20 Jul 2026 04:54:38 GMT

Recovery of paid benefits is a “significant step” and “only available to an insurer in extraordinary circumstances”, the financial services ombudsman says in a dispute ruling...

Insurer called out over failure to connect with rejected applicants

Mon, 20 Jul 2026 04:54:29 GMT

The industry has been reminded to contact customers through multiple channels after a life insurer failed to notify applicants of its decisions not to offer cover...

Advisers slam ‘crippling’ ASIC levy

Mon, 20 Jul 2026 04:54:22 GMT

Financial Advice Association Australia has hit out at the corporate regulator over a projected rise in 2025-26 levies...

CALI renews push for advice reforms

Mon, 20 Jul 2026 04:54:12 GMT

Only one in three Australians understands their life insurance and the benefits provided, a survey by the industry peak body has found...

Insurer sorry for ‘customer service failure’ affecting transgender woman

Mon, 20 Jul 2026 04:53:22 GMT

An insurer has apologised to a transgender woman who criticised financial services companies over the challenges she faced trying to update her personal details...

Code committee to reveal findings on vulnerability measures

Mon, 20 Jul 2026 04:52:57 GMT

The General Insurance Code Governance Committee says it will soon release findings from its inquiry into the industry’s handling of temporary accommodation for vulnerable customers...

Injured farm worker wins payout battle

Mon, 20 Jul 2026 04:52:34 GMT

WorkCover Queensland must indemnify a man injured while repairing a tractor after an appeals court found he was employed by a family company even though there was no written employment contract...

Aon flags new wave of demand for M&A protection

Mon, 20 Jul 2026 04:52:25 GMT

Disclosure failures, financial statement inaccuracies, compliance breaches and tax exposure are all driving growth in transactional risk insurance, according to Aon...

Victorian bushfire loss estimate climbs to $860 million

Mon, 20 Jul 2026 04:52:17 GMT

Perils estimates the January bushfires in Victoria cost insurers $860 million, up from its previous assessment of $786 million and initial calculation of $810 million...

ICA hosts forum for storm victims

Mon, 20 Jul 2026 04:51:52 GMT

Policyholders with unresolved claims from November’s Port Pirie storm have been invited to attend information sessions run by the Insurance Council of Australia...

Corporate watchdog flags bigger levy on industry

Mon, 20 Jul 2026 04:46:09 GMT

The insurance sector is expected to contribute $23.838 million in levies to fund the Australian Securities and Investments Commission’s supervision work in 2025-26...

Pool keeps up Alfred payouts

Mon, 20 Jul 2026 04:46:02 GMT

The Australian Reinsurance Pool Corporation continued to receive and pay claims for cyclones that hit last year during the March quarter...

SA workers’ comp to change claims line-up after 15-year run

Mon, 20 Jul 2026 04:45:53 GMT

ReturnToWorkSA expects to provide an update on its search for new workers’ compensation claims managers early next year...

Commission notches record $830 million in penalties

Mon, 20 Jul 2026 04:44:09 GMT

The corporate regulator says its enforcement work secured a record $830 million of civil penalty orders against companies including super trustees in 2025-26...

River restoration aids recovery, protection in flood-hit region

Mon, 20 Jul 2026 04:43:33 GMT

Nearly $7 million worth of resilience projects have begun to protect farmland and water quality and improve the sustainability of southeast Queensland’s Scenic Rim...

Regulators reveal plan to meet expectations

Mon, 20 Jul 2026 04:43:20 GMT

The Australian Prudential Regulation Authority and the Australian Securities and Investments Commission have set out statements of intent showing how they will meet government expectations...