insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-au‘The most scary thing’: damage reported as Narelle moves into WAhttps://www.insurancenews.com.au/daily/the-most-scary-thing-damage-reported-as-narelle-moves-into-wahttps://www.insurancenews.com.au/daily/the-most-scary-thing-damage-reported-as-narelle-moves-into-wa<p>Widespread damage was reported in Exmouth and other towns in northwest WA as category 4 Cyclone Narelle tracked towards the coast this morning, packing winds of more than 250km/h...</p>Fri, 27 Mar 2026 05:30:00 GMTSuncorp chief takes medical leavehttps://www.insurancenews.com.au/daily/suncorp-chief-takes-medical-leavehttps://www.insurancenews.com.au/daily/suncorp-chief-takes-medical-leave<p>Suncorp CEO Steve Johnston will take a short period of leave as he recuperates from a medical procedure, the insurer says...</p>Fri, 27 Mar 2026 05:29:28 GMTNo payout after ‘desperate’ owner torched $10m homehttps://www.insurancenews.com.au/daily/no-payout-after-desperate-owner-torched-10m-homehttps://www.insurancenews.com.au/daily/no-payout-after-desperate-owner-torched-10m-home<p>Chubb has avoided paying out on a fire at a luxury home after a court found the owner deliberately sparked the blaze in a bid to pocket $10 million...</p>Fri, 27 Mar 2026 05:21:44 GMTInsurer accused of discrimination after pronoun errorhttps://www.insurancenews.com.au/daily/insurer-accused-of-discrimination-after-pronoun-errorhttps://www.insurancenews.com.au/daily/insurer-accused-of-discrimination-after-pronoun-error<p>A customer demanded compensation after his insurer misgendered him during a phone call...</p>Fri, 27 Mar 2026 05:20:42 GMTFlood woes prompt call for intervention on SME coveragehttps://www.insurancenews.com.au/daily/flood-woes-prompt-call-for-intervention-on-sme-coveragehttps://www.insurancenews.com.au/daily/flood-woes-prompt-call-for-intervention-on-sme-coverage<p>Small companies in regional Australia find flood insurance unaffordable, materially restricted and often effectively unavailable, and a risk-sharing arrangement is needed, a business leader has warned...</p>Thu, 26 Mar 2026 05:20:23 GMTStressed workers drive up mental injury claims: Allianzhttps://www.insurancenews.com.au/daily/stressed-workers-drive-up-mental-injury-claims-allianzhttps://www.insurancenews.com.au/daily/stressed-workers-drive-up-mental-injury-claims-allianz<p>Allianz workers&rsquo; compensation claims data shows the proportion of mental injury cases has increased, while employees surveyed by the insurer report losing sleep because of work stress...</p>Thu, 26 Mar 2026 05:08:08 GMTOmbudsman rejects ‘implausible’ fake crash allegationhttps://www.insurancenews.com.au/daily/ombudsman-rejects-implausible-fake-crash-allegationhttps://www.insurancenews.com.au/daily/ombudsman-rejects-implausible-fake-crash-allegation<p>A car owner who was accused of staging a crash will be covered for damage after the complaints authority accepted he was in a genuine accident...</p>Thu, 26 Mar 2026 05:04:25 GMTINsight podcast: strata report spells trouble for commissionshttps://www.insurancenews.com.au/daily/insight-podcast-strata-report-spells-trouble-for-commissionshttps://www.insurancenews.com.au/daily/insight-podcast-strata-report-spells-trouble-for-commissions<p>The NSW Productivity and Equality Commission report on strata commissions is one of the main items discussed on the latest episode of the Insurance News podcast...</p>Thu, 26 Mar 2026 04:37:38 GMTBizCover’s AI comparison tool up and runninghttps://www.insurancenews.com.au/the-broker/biz-cover-s-ai-comparison-tool-up-and-runninghttps://www.insurancenews.com.au/the-broker/biz-cover-s-ai-comparison-tool-up-and-running<p>BizCover says its ChatGPT-powered app went live this morning, weeks after AUB Group CEO Mike Emmett revealed it was waiting for OpenAI to approve release of the tool...</p>Thu, 26 Mar 2026 01:29:54 GMT‘Ongoing reviews’ expected as SCTP commissions drophttps://www.insurancenews.com.au/the-broker/ongoing-reviews-expected-as-sctp-commissions-drophttps://www.insurancenews.com.au/the-broker/ongoing-reviews-expected-as-sctp-commissions-drop<p>Steadfast has told brokers the commission rate for general and products liability on its client trading platform has dropped from 26.5% to 20%...</p>Thu, 26 Mar 2026 01:29:45 GMTBroker made to pay as insurer dumps truck claimhttps://www.insurancenews.com.au/the-broker/broker-made-to-pay-as-insurer-dumps-truck-claimhttps://www.insurancenews.com.au/the-broker/broker-made-to-pay-as-insurer-dumps-truck-claim<p>The industry ombudsman has found a broker breached its duty of care before a truck damage claim was rejected because a driver had less experience than the policy required...</p>Thu, 26 Mar 2026 01:29:32 GMTSteadfast Convention raises $450,000, heads to Adelaidehttps://www.insurancenews.com.au/the-broker/steadfast-convention-raises-450-000-heads-to-adelaidehttps://www.insurancenews.com.au/the-broker/steadfast-convention-raises-450-000-heads-to-adelaide<p>Australia&rsquo;s largest gathering of general insurance professionals will return to Adelaide next year...</p>Thu, 26 Mar 2026 01:11:40 GMTCGU, Steadfast team up on small business workers’ comphttps://www.insurancenews.com.au/the-broker/cgu-steadfast-team-up-on-small-business-workers-comphttps://www.insurancenews.com.au/the-broker/cgu-steadfast-team-up-on-small-business-workers-comp<p>Steadfast Group has partnered with CGU to launch an SME workers&rsquo; compensation facility...</p>Thu, 26 Mar 2026 01:11:39 GMTMarsh brings in Pacific energy leaderhttps://www.insurancenews.com.au/the-broker/marsh-brings-in-pacific-energy-leaderhttps://www.insurancenews.com.au/the-broker/marsh-brings-in-pacific-energy-leader<p>Global broker Marsh says Marcus Piristi has joined as Pacific head of energy...</p>Thu, 26 Mar 2026 01:11:26 GMTMiramar recruits Cowden chief to head WAhttps://www.insurancenews.com.au/the-broker/miramar-recruits-cowden-chief-to-head-wahttps://www.insurancenews.com.au/the-broker/miramar-recruits-cowden-chief-to-head-wa<p>Steadfast underwriting agencies brand Miramar Group has recruited Alan Tokeley to be its western region manager...</p>Thu, 26 Mar 2026 01:10:53 GMTHDI names new senior underwriter as veteran departshttps://www.insurancenews.com.au/the-broker/hdi-names-new-senior-underwriter-as-veteran-departshttps://www.insurancenews.com.au/the-broker/hdi-names-new-senior-underwriter-as-veteran-departs<p>Carika Schultz has been promoted to underwriting manager for international programs at HDI Global, as Jeff Altit retires...</p>Thu, 26 Mar 2026 01:10:37 GMTLiberty offers life sciences Remedyhttps://www.insurancenews.com.au/the-broker/liberty-offers-life-sciences-remedyhttps://www.insurancenews.com.au/the-broker/liberty-offers-life-sciences-remedy<p>Liberty Specialty Markets has launched a life sciences product that &ldquo;deliberately avoids exclusions&rdquo;...</p>Thu, 26 Mar 2026 01:10:15 GMTBroker strata commission ban may create barrier to advice: NIBAhttps://www.insurancenews.com.au/daily/strata-commission-ban-may-create-barrier-to-advice-nibahttps://www.insurancenews.com.au/daily/strata-commission-ban-may-create-barrier-to-advice-niba<p>The National Insurance Brokers Association has raised &ldquo;serious concerns&rdquo; over an inquiry recommendation to restrict NSW &ldquo;supplier intermediaries&rdquo; from accepting commissions for strata-related work...</p>Wed, 25 Mar 2026 05:33:23 GMTICA outlines budget hopes, but warns government is ‘under pressure’https://www.insurancenews.com.au/daily/ica-outlines-budget-hopes-but-warns-government-is-under-pressurehttps://www.insurancenews.com.au/daily/ica-outlines-budget-hopes-but-warns-government-is-under-pressure<p>Insurance Council of Australia CEO Andrew Hall says he wants Disaster Ready Fund reform and progress on a short-term scheme to help tackle affordability issues in home insurance...</p>Wed, 25 Mar 2026 05:32:53 GMTNarelle re-formed and ready to rock WA coasthttps://www.insurancenews.com.au/daily/narelle-re-formed-and-ready-to-rock-wa-coasthttps://www.insurancenews.com.au/daily/narelle-re-formed-and-ready-to-rock-wa-coast<p>Cyclone warnings have been issued in WA from Bidyadanga south of Broome through to Port Hedland, Karratha, Onslow and Exmouth, as category 2 storm Narelle moves southwest off the state...</p>Wed, 25 Mar 2026 05:29:36 GMT