insuranceNEWS.com.au - All news

Industry books ‘solid’ 2025 profit despite weather toll

Thu, 23 Apr 2026 06:28:29 GMT

Premium increases helped the general insurance industry make a profit after tax of $5.2 billion last calendar year, KPMG says today in an annual review...

Code update talks continue in ‘complex’ process

Thu, 23 Apr 2026 05:51:22 GMT

The Insurance Council of Australia is still consulting on its code of practice redraft, as consumers await a document that will deliver improvements in response to recommendations delivered more than a year ago...

Business or leisure? AFCA decides in drug damage case

Thu, 23 Apr 2026 05:50:37 GMT

A landlord has lost a bid to have methamphetamine damage in her property covered after the complaints authority found her policy did not respond to contamination from recreational drug use...

PSC makes ‘strategic appointment’ for trade credit expansion

Thu, 23 Apr 2026 05:50:02 GMT

Sydney-based James Thornberry has been appointed head of trade credit and surety at PSC Insurance Brokers...

CBN ‘empowers brokers’ with AI platform

Thu, 23 Apr 2026 01:53:51 GMT

Community Broker Network has partnered with insurtech Cova, which will provide AI tools and support to the authorised representative group...

Insurer on right side of roadhouse row

Thu, 23 Apr 2026 01:52:48 GMT

A policyholder whose petrol station and roadhouse was damaged by a storm has lost an underinsurance dispute because changed operations were not reflected in her business interruption cover...

Broker Q&A: how the fuel crisis could drive freight consolidation

Thu, 23 Apr 2026 01:49:21 GMT

Ausure Horizon co-director David Summers warns a prolonged increase in fuel costs due to the Middle East conflict is likely to have knock-on effects across the heavy motor industry...

Colleagues farewell ‘man of great integrity’

Thu, 23 Apr 2026 01:49:02 GMT

A funeral for insurance industry veteran Lindsay Hicks will be held on May 5...

MGA hails insurer presence as Port Pirie patches up storm damage

Thu, 23 Apr 2026 01:48:46 GMT

The Port Pirie office of MGA Insurance Brokers has applauded the creation of an insurer consultation hub in the SA city to help with claims after a record storm late last year...

Mirabelle launches Lloyd’s-backed green energy cover

Thu, 23 Apr 2026 01:33:58 GMT

Construction and engineering specialist Mirabelle Underwriting has introduced a product targeting renewable energy operations, backed by Lloyd’s capacity...

CFC adds free ‘cyber for industries’ training module

Thu, 23 Apr 2026 01:33:41 GMT

Cyber specialist CFC has added a fifth module to its free masterclass series for brokers...

Lockton rewards staff member’s fundraising efforts

Thu, 23 Apr 2026 01:31:51 GMT

Lockton Pacific has given its annual community impact award to senior associate Matthew Harden for raising funds for men’s mental health...

Australian rates slide maintains pace

Wed, 22 Apr 2026 06:21:15 GMT

Commercial pricing fell 12% in the Australia-dominated Pacific region in the first quarter, matching the preceding period’s decline, the latest Marsh market index shows...

Watchdog weighs ICA’s pitch on standardised terms

Wed, 22 Apr 2026 06:21:02 GMT

The competition regulator will deliver a draft decision mid-year on proposed home insurance standard definitions for “wear and tear” and “reasonable steps to maintain”, amid concerns about lack of clarity...

Comma police: AFCA puts full stop to motorbike claim

Wed, 22 Apr 2026 06:19:58 GMT

A claimant who argued his stolen motorbike should be covered under his home and contents policy has lost a dispute that centred on an insurance document’s use of punctuation...

INsight podcast: what’s driving EV uptake surge?

Wed, 22 Apr 2026 04:34:39 GMT

A sharp rise in electric vehicle interest is on insurers’ radar, and it’s the first item discussed on the latest Insurance News podcast...

‘Jewel robbery’ swindler cleared of violent crimes

Tue, 21 Apr 2026 06:10:01 GMT

Celebrity jeweller Michel Germani will be sentenced next month for staging a robbery to commit insurance fraud – but he has avoided more serious criminal convictions...

Failing market harms children, scout leaders say

Tue, 21 Apr 2026 06:09:17 GMT

Scouts Australia warns systemic insurance market failure is forcing the closure of outdoor programs that build resilience, wellbeing and social skills, “threatening an entire generation” of children...

Queensland bears brunt as wild weather losses surge

Tue, 21 Apr 2026 06:08:48 GMT

Extreme weather led to 294,000 claims and $4.8 billion in insured losses last year, up from $585 million in 2024, a new Insurance Council of Australia analysis shows...

Train passenger right to leave bag unattended, AFCA finds

Tue, 21 Apr 2026 06:08:25 GMT

HDI Global Specialty has been ordered to cover a traveller for luggage stolen during a train journey after the complaints authority found she could not be blamed for leaving the bag in a designated storage area...