insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSteadfast adds farm to broking platformhttps://www.insurancenews.com.au/corporate/steadfast-adds-farm-to-broking-platformhttps://www.insurancenews.com.au/corporate/steadfast-adds-farm-to-broking-platform<p>Steadfast says it will offer Allianz&rsquo;s farm product on its broking portal in November and it expects to expand its range of offerings in the category in coming months...</p>Mon, 10 Aug 2026 05:10:01 GMTCar repairers firm in opposition to IAG-RAC dealhttps://www.insurancenews.com.au/corporate/car-repairers-firm-in-opposition-to-iag-rac-dealhttps://www.insurancenews.com.au/corporate/car-repairers-firm-in-opposition-to-iag-rac-deal<p>The Motor Trades Association of Australia says it has examined IAG&rsquo;s draft undertaking to ease market concerns over its plan to buy WA motoring group RAC&rsquo;s insurance business, and it remains opposed to the deal...</p>Mon, 10 Aug 2026 04:57:05 GMTZurich’s Australian P&C profit dipshttps://www.insurancenews.com.au/corporate/zurich-s-australian-p-and-c-profit-dipshttps://www.insurancenews.com.au/corporate/zurich-s-australian-p-and-c-profit-dips<p>Zurich&rsquo;s Australian property and casualty unit delivered a first-half business operating profit of $US70 million ($99.6 million), down from $US81 million ($115.3 million) a year earlier...</p>Mon, 10 Aug 2026 04:56:57 GMTACCC reviews Johns Lyng bid for insurance building firmhttps://www.insurancenews.com.au/corporate/accc-reviews-johns-lyng-bid-for-insurance-building-firmhttps://www.insurancenews.com.au/corporate/accc-reviews-johns-lyng-bid-for-insurance-building-firm<p>The competition watchdog has begun an initial review of Johns Lyng Group&rsquo;s bid to buy a 60% stake in C&amp;M Build Group...</p>Mon, 10 Aug 2026 04:56:48 GMTQBE announces regional board changeshttps://www.insurancenews.com.au/corporate/qbe-announces-regional-board-changeshttps://www.insurancenews.com.au/corporate/qbe-announces-regional-board-changes<p>QBE says Australia Pacific board chair Melanie Willis will step down to become a group board independent non-executive director from September 1, subject to regulatory approval...</p>Mon, 10 Aug 2026 04:56:37 GMTUnderwriting rules relaxed amid ‘intense’ competitionhttps://www.insurancenews.com.au/local/underwriting-rules-relaxed-amid-intense-competitionhttps://www.insurancenews.com.au/local/underwriting-rules-relaxed-amid-intense-competition<p>Coverages have broadened and tough-to-place risks such as property have had exclusions lifted as soft commercial pricing persists, according to an Aon review of the Australian market...</p>Mon, 10 Aug 2026 04:54:21 GMTRACT partners with TasInsure on affordability pushhttps://www.insurancenews.com.au/local/ract-partners-with-tas-insure-on-affordability-pushhttps://www.insurancenews.com.au/local/ract-partners-with-tas-insure-on-affordability-push<p>A steering committee met in Tasmania this morning to &ldquo;start immediate work on priority actions&rdquo; after RACT agreed to partner with TasInsure on making cover more affordable and accessible...</p>Mon, 10 Aug 2026 04:54:03 GMTCounsellors say clearer broker code still falls shorthttps://www.insurancenews.com.au/local/counsellors-says-clearer-broker-code-still-falls-shorthttps://www.insurancenews.com.au/local/counsellors-says-clearer-broker-code-still-falls-short<p>The redrafted broking code of practice is &ldquo;undoubtedly easier to read, but not necessarily stronger where it matters most&rdquo;, financial counsellors say...</p>Mon, 10 Aug 2026 04:53:39 GMTFlood trumps stormwater to sink property owner’s claimhttps://www.insurancenews.com.au/local/flood-trumps-stormwater-to-sink-property-owner-s-claimhttps://www.insurancenews.com.au/local/flood-trumps-stormwater-to-sink-property-owner-s-claim<p>A homeowner who claimed for damage from stormwater run-off has fallen foul of a flood exclusion in her policy after a dispute before the financial services ombudsman...</p>Mon, 10 Aug 2026 04:53:30 GMTCode monitor to probe income payment delays, IDRhttps://www.insurancenews.com.au/life-insurance/code-monitor-to-probe-income-payment-delays-idrhttps://www.insurancenews.com.au/life-insurance/code-monitor-to-probe-income-payment-delays-idr<p>Inquiries into income benefit payment delays and internal dispute resolution processes will begin in coming months after a surge in life code breaches...</p>Mon, 10 Aug 2026 04:50:52 GMTIncome rule means no benefit for unlucky attack victimhttps://www.insurancenews.com.au/life-insurance/income-rule-means-no-benefit-for-unlucky-attack-victimhttps://www.insurancenews.com.au/life-insurance/income-rule-means-no-benefit-for-unlucky-attack-victim<p>The victim of an unprovoked assault will not receive a payout for missing work because he did not have positive income during his policy period, the industry ombudsman has ruled...</p>Mon, 10 Aug 2026 04:50:44 GMTNew adviser aims to plug protection gaphttps://www.insurancenews.com.au/life-insurance/new-adviser-aims-to-plug-protection-gaphttps://www.insurancenews.com.au/life-insurance/new-adviser-aims-to-plug-protection-gap<p>Property-focused InvestorKit Group has expanded into insurance with the launch of Solace Life...</p>Mon, 10 Aug 2026 04:50:34 GMTPPS advice award open for nominationshttps://www.insurancenews.com.au/life-insurance/pps-advice-award-open-for-nominationshttps://www.insurancenews.com.au/life-insurance/pps-advice-award-open-for-nominations<p>PPS Mutual has opened nominations for its risk practice of the year award...</p>Mon, 10 Aug 2026 04:50:20 GMTInquiry reviews PI options for solicitorshttps://www.insurancenews.com.au/regulatory-government/inquiry-reviews-pi-options-for-solicitorshttps://www.insurancenews.com.au/regulatory-government/inquiry-reviews-pi-options-for-solicitors<p>A NSW parliamentary committee will examine the potential to introduce competition into the market for solicitors&rsquo; professional indemnity insurance...</p>Mon, 10 Aug 2026 04:50:04 GMT‘Peace of mind’ for apartment owners as state backs defects coverhttps://www.insurancenews.com.au/regulatory-government/peace-of-mind-for-apartment-owners-as-state-backs-defects-coverhttps://www.insurancenews.com.au/regulatory-government/peace-of-mind-for-apartment-owners-as-state-backs-defects-cover<p>The NSW parliament has passed legislation allowing provision of decennial liability insurance for new apartment buildings...</p>Mon, 10 Aug 2026 04:49:49 GMTInsurance leaders to tee off for Lifelinehttps://www.insurancenews.com.au/the-professional/insurance-leaders-to-tee-off-for-lifelinehttps://www.insurancenews.com.au/the-professional/insurance-leaders-to-tee-off-for-lifeline<p>A golf day sponsored by Envest, Chubb, Steadfast and CGU aims to raise more than $100,000 for Lifeline International...</p>Mon, 10 Aug 2026 04:49:27 GMTIA Foundation donations clear $5m milestone https://www.insurancenews.com.au/the-professional/ia-foundation-donations-clear-5m-milestone-https://www.insurancenews.com.au/the-professional/ia-foundation-donations-clear-5m-milestone-<p>The Insurance Advisernet Foundation gave $870,000 to organisations across Australia in 2025-26, taking its charitable giving above $5 million over the past decade...</p>Mon, 10 Aug 2026 04:49:12 GMTMansfield Awards reveals keynote speakerhttps://www.insurancenews.com.au/the-professional/mansfield-awards-reveals-keynote-speakerhttps://www.insurancenews.com.au/the-professional/mansfield-awards-reveals-keynote-speaker<p>McLardy McShane Partners CEO Meg Long will deliver a keynote speech at the 10th Mansfield Awards in Sydney on August 27...</p>Mon, 10 Aug 2026 04:48:45 GMTZurich makes room for breast cancer tributes at AFL matchhttps://www.insurancenews.com.au/the-professional/zurich-makes-room-for-breast-cancer-tributes-at-afl-matchhttps://www.insurancenews.com.au/the-professional/zurich-makes-room-for-breast-cancer-tributes-at-afl-match<p>Zurich Australia replaced its logo on Melbourne Football Club&rsquo;s runout T-shirts with the names of people affected by breast cancer, and donated $20,000 to Breast Cancer Network Australia...</p>Mon, 10 Aug 2026 04:48:20 GMTFarms demand dingo pack protectionhttps://www.insurancenews.com.au/regulatory-government/farms-demand-dingo-pack-protectionhttps://www.insurancenews.com.au/regulatory-government/farms-demand-dingo-pack-protection<p>Farmers in northern NSW are calling on the state government to provide insurance against livestock losses if stronger legal protections for dingoes lead to more attacks on stock...</p>Mon, 10 Aug 2026 04:44:31 GMT