insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auMinister vows to move with caution on price transparencyhttps://www.insurancenews.com.au/regulatory-government/minister-vows-to-move-with-caution-on-price-transparencyhttps://www.insurancenews.com.au/regulatory-government/minister-vows-to-move-with-caution-on-price-transparency<p>Premium transparency reforms could support resilience aims but will be approached carefully, Financial Services Minister Daniel Mulino told the Insurance Council of Australia conference today...</p>Fri, 06 Nov 2026 05:17:28 GMTCode review ‘a priority’ as ASIC prepares to canvass viewshttps://www.insurancenews.com.au/regulatory-government/code-review-a-priority-as-asic-prepares-to-canvass-viewshttps://www.insurancenews.com.au/regulatory-government/code-review-a-priority-as-asic-prepares-to-canvass-views<p>The Australian Securities and Investments Commission will begin seeking views on the redrafted general insurance code of practice next week and aims to finalise its review process in the new year...</p>Fri, 06 Nov 2026 05:17:08 GMTMarsh brings in climate risk specialisthttps://www.insurancenews.com.au/corporate/marsh-brings-in-climate-risk-specialisthttps://www.insurancenews.com.au/corporate/marsh-brings-in-climate-risk-specialist<p>Global broker Marsh has appointed Jacob Fitzroy as its first climate and sustainability risk consulting leader for the Pacific region...</p>Fri, 06 Nov 2026 05:15:30 GMTPace of tech change ‘leaves business policyholders exposed’https://www.insurancenews.com.au/insurtech/pace-of-tech-change-leaves-business-policyholders-exposedhttps://www.insurancenews.com.au/insurtech/pace-of-tech-change-leaves-business-policyholders-exposed<p>Annual insurance reviews cannot keep up with shifting technology exposures, according to Knightcorp Insurance Brokers...</p>Fri, 06 Nov 2026 05:15:15 GMTNo payout for zoo after cold snap kills crochttps://www.insurancenews.com.au/daily/no-payout-for-zoo-after-cold-snap-kills-crochttps://www.insurancenews.com.au/daily/no-payout-for-zoo-after-cold-snap-kills-croc<p>A zoo has been denied a payout for the death of a saltwater crocodile, because its business insurance policy excluded live animals...</p>Fri, 06 Nov 2026 05:07:32 GMTICA chair calls on stakeholders to ‘lock in behind’ new codehttps://www.insurancenews.com.au/local/ica-chair-calls-on-industry-to-lock-in-behind-new-codehttps://www.insurancenews.com.au/local/ica-chair-calls-on-industry-to-lock-in-behind-new-code<p>Insurance Council of Australia chair Steve Johnston says the new code of practice marks a step change for the sector and he has urged support for the document as it moves through the regulatory approval process...</p>Thu, 05 Nov 2026 05:33:55 GMTEML takes on Catholic Church Insurance workers’ comp businesshttps://www.insurancenews.com.au/corporate/eml-takes-on-catholic-church-insurance-workers-comp-businesshttps://www.insurancenews.com.au/corporate/eml-takes-on-catholic-church-insurance-workers-comp-business<p>Catholic Church Insurance will transfer its national workers&rsquo; compensation legacy portfolio to personal injury claims manager EML Group...</p>Thu, 05 Nov 2026 05:33:25 GMTNSW dominates bushfire hotspot rankingshttps://www.insurancenews.com.au/local/nsw-dominates-bushfire-hotspot-rankingshttps://www.insurancenews.com.au/local/nsw-dominates-bushfire-hotspot-rankings<p>Eight of the 10 postcodes with the most homes at risk of bushfire are in NSW, data from GIO shows...</p>Thu, 05 Nov 2026 05:17:34 GMTSpecial INsight podcast looks to the future with NIBAhttps://www.insurancenews.com.au/the-professional/special-insight-podcast-looks-to-the-future-with-nibahttps://www.insurancenews.com.au/the-professional/special-insight-podcast-looks-to-the-future-with-niba<p>A special edition of the Insurance News INsight podcast examines the National Insurance Brokers Association&rsquo;s Future Ready convention theme...</p>Thu, 05 Nov 2026 05:17:17 GMTOmbudsman says nay to insurer’s horse playhttps://www.insurancenews.com.au/daily/ombudsman-says-nay-to-insurer-s-horse-playhttps://www.insurancenews.com.au/daily/ombudsman-says-nay-to-insurer-s-horse-play<p>An insurer has been ordered to cover a horse&rsquo;s veterinary costs after failing to prove its owner knew it had a tumour when she bought her equine policy...</p>Thu, 05 Nov 2026 05:16:24 GMTUnderwriting profits face growing pressure, Aon sayshttps://www.insurancenews.com.au/the-broker/underwriting-profits-face-growing-pressure-aon-sayshttps://www.insurancenews.com.au/the-broker/underwriting-profits-face-growing-pressure-aon-says<p>Aon has warned of impacts on insurer earnings as Australian rates continue to fall...</p>Thu, 05 Nov 2026 00:24:30 GMTTributes for ‘beloved member’ of WA broking communityhttps://www.insurancenews.com.au/the-broker/tributes-for-beloved-member-of-wa-broking-communityhttps://www.insurancenews.com.au/the-broker/tributes-for-beloved-member-of-wa-broking-community<p>Broker John O&rsquo;Leary died suddenly at the weekend, aged 62...</p>Thu, 05 Nov 2026 00:24:23 GMTClaimants hit wall in bid for storm damage payouthttps://www.insurancenews.com.au/the-broker/claimants-hit-wall-in-bid-for-storm-damage-payouthttps://www.insurancenews.com.au/the-broker/claimants-hit-wall-in-bid-for-storm-damage-payout<p>An owners&rsquo; corporation has lost a dispute over the collapse of a parapet wall, after an insurer-appointed engineering consultant described the design as &ldquo;grossly inadequate&rdquo;...</p>Thu, 05 Nov 2026 00:24:17 GMTPrevail ‘enhances and simplifies’ farm packagehttps://www.insurancenews.com.au/the-broker/prevail-enhances-and-simplifies-farm-packagehttps://www.insurancenews.com.au/the-broker/prevail-enhances-and-simplifies-farm-package<p>Prevail says changes to its farm offering give brokers a &ldquo;stronger, clearer and more efficient&rdquo; way to address client needs...</p>Thu, 05 Nov 2026 00:23:32 GMTClaims award winner salutes ‘collective efforts of exceptional people’https://www.insurancenews.com.au/the-broker/claims-award-winner-salutes-collective-efforts-of-exceptional-peoplehttps://www.insurancenews.com.au/the-broker/claims-award-winner-salutes-collective-efforts-of-exceptional-people<p>Maree Solvyns is &ldquo;feeling incredibly honoured&rdquo; after being named NIBA claims broker of the year...</p>Thu, 05 Nov 2026 00:22:24 GMTVero continues residential strata rollouthttps://www.insurancenews.com.au/the-broker/vero-continues-residential-strata-rollouthttps://www.insurancenews.com.au/the-broker/vero-continues-residential-strata-rollout<p>Vero residential strata insurance is now available in NSW and the ACT, and there are plans to add Victoria in coming months, completing a national rollout...</p>Thu, 05 Nov 2026 00:22:08 GMTNIBA mentorship program opens applicationshttps://www.insurancenews.com.au/the-broker/niba-mentor-program-opens-applicationshttps://www.insurancenews.com.au/the-broker/niba-mentor-program-opens-applications<p>The National Insurance Brokers Association is seeking applications for next year&rsquo;s mentoring program, which for the first time has a hybrid format...</p>Thu, 05 Nov 2026 00:22:07 GMTBroker Q&A: how can risk advisers help the tourism industry?https://www.insurancenews.com.au/the-broker/broker-q-and-a-how-can-risk-advisers-help-the-tourism-industryhttps://www.insurancenews.com.au/the-broker/broker-q-and-a-how-can-risk-advisers-help-the-tourism-industry<p>The Queensland Tourism Industry Council is creating a panel of specialist brokers to help members secure cover, following a report in July detailing the problems of insurance affordability...</p>Thu, 05 Nov 2026 00:22:04 GMTTech specialists set out to ‘make insurance simpler’https://www.insurancenews.com.au/the-broker/tech-specialists-set-out-to-make-insurance-simplerhttps://www.insurancenews.com.au/the-broker/tech-specialists-set-out-to-make-insurance-simpler<p>Brokerage Fahrenheit Insurance has been founded by Sydney-based Faria Anzum and Jack Hazlehurst, who will focus on construction and transport covers...</p>Thu, 05 Nov 2026 00:22:02 GMTData centres ‘the exposure question of the decade’https://www.insurancenews.com.au/the-broker/data-centres-the-exposure-question-of-the-decadehttps://www.insurancenews.com.au/the-broker/data-centres-the-exposure-question-of-the-decade<p>Willis Re has highlighted the risks related to data centres as huge sums are deployed to building the facilities...</p>Thu, 05 Nov 2026 00:20:50 GMT