insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auNation ‘cannot ignore’ flood threat to 1.3 million propertieshttps://www.insurancenews.com.au/daily/nation-cannot-ignore-flood-threat-to-1-3-million-propertieshttps://www.insurancenews.com.au/daily/nation-cannot-ignore-flood-threat-to-1-3-million-properties<p>Australia&rsquo;s latest floods have reinforced the urgent need for action on mitigation and insurance affordability, Labor MP Susan Templeman has told federal parliament...</p>Fri, 13 Mar 2026 05:29:34 GMTResilience investment guide targets affordability challengehttps://www.insurancenews.com.au/daily/resilience-investment-guide-targets-affordability-challengehttps://www.insurancenews.com.au/daily/resilience-investment-guide-targets-affordability-challenge<p>The federal government has released details of guiding principles for resilience investment, developed with insurers through the Hazards Insurance Partnership...</p>Fri, 13 Mar 2026 05:20:09 GMTA valuable lesson: teen at the wheel but not ‘in control’ of carhttps://www.insurancenews.com.au/daily/a-valuable-lesson-teen-at-the-wheel-but-not-in-control-of-carhttps://www.insurancenews.com.au/daily/a-valuable-lesson-teen-at-the-wheel-but-not-in-control-of-car<p>A motorist who was supervising when his learner-driver son was involved in a crash will be covered for the damage after the complaints authority found the man had de facto control of the car...</p>Fri, 13 Mar 2026 05:19:35 GMTFormer IAG exec outlines how industry needs to changehttps://www.insurancenews.com.au/daily/former-iag-exec-outlines-how-industry-needs-to-changehttps://www.insurancenews.com.au/daily/former-iag-exec-outlines-how-industry-needs-to-change<p>Experienced insurance leader Jacki Johnson will give a candid speech at the upcoming Insurance News conference, tackling critical issues around risk and relevance...</p>Fri, 13 Mar 2026 05:14:26 GMTJudge warns industry over ‘immodest’ surveillance, trespasshttps://www.insurancenews.com.au/daily/judge-warns-industry-over-immodest-surveillance-trespasshttps://www.insurancenews.com.au/daily/judge-warns-industry-over-immodest-surveillance-trespass<p>Insurers should consider trespass laws when commissioning surveillance, a judge has warned after finding footage obtained in a car crash injury case was probably taken illegally...</p>Thu, 12 Mar 2026 04:49:33 GMTAsia Pacific leads way on M&A activityhttps://www.insurancenews.com.au/daily/asia-pacific-leads-way-on-m-and-a-activityhttps://www.insurancenews.com.au/daily/asia-pacific-leads-way-on-m-and-a-activity<p>Insurance mergers and acquisitions jumped in the Asia Pacific region last year while global activity overall stabilised, a report from Clyde &amp; Co says...</p>Thu, 12 Mar 2026 04:47:03 GMTTravel claim grounded despite airspace closurehttps://www.insurancenews.com.au/daily/travel-claim-grounded-despite-airspace-closurehttps://www.insurancenews.com.au/daily/travel-claim-grounded-despite-airspace-closure<p>A traveller whose flight was made to turn around mid-air due to a government-ordered airspace closure had her claim denied because the circumstances were not covered by her group travel policy...</p>Thu, 12 Mar 2026 03:53:55 GMTINsight podcast: travel insurer to the rescuehttps://www.insurancenews.com.au/daily/insight-podcast-travel-insurer-to-the-rescuehttps://www.insurancenews.com.au/daily/insight-podcast-travel-insurer-to-the-rescue<p>PassportCard's evacuation of customers stranded in the Middle East conflict zone is the first item discussed on the latest episode of the Insurance News podcast...</p>Thu, 12 Mar 2026 03:30:40 GMTInformed consent rules ‘push brokers to general advice’https://www.insurancenews.com.au/the-broker/informed-consent-rules-push-brokers-to-general-advicehttps://www.insurancenews.com.au/the-broker/informed-consent-rules-push-brokers-to-general-advice<p>Legislation making brokers obtain consent for commissions has led some to shift to a general advice model on less complex products such as home insurance &ndash; meaning consumers could miss out on critical guidance...</p>Thu, 12 Mar 2026 01:29:38 GMT‘No dancing allowed’: club sounds alarm on PL ‘market failure’https://www.insurancenews.com.au/the-broker/no-dancing-allowed-club-sounds-alarm-on-pl-market-failurehttps://www.insurancenews.com.au/the-broker/no-dancing-allowed-club-sounds-alarm-on-pl-market-failure<p>A Melbourne live entertainment venue has called on the federal government to introduce a statutory scheme for the sector due to public liability insurance market failure...</p>Thu, 12 Mar 2026 01:29:08 GMTBrokers prepare for claims as significant events declared https://www.insurancenews.com.au/the-broker/brokers-prepare-for-claims-as-significant-events-declaredhttps://www.insurancenews.com.au/the-broker/brokers-prepare-for-claims-as-significant-events-declared<p>The Insurance Council of Australia has made two significant event declarations covering NT flooding, including Katherine and surrounding regions, and Queensland flooding, including the Bundaberg region and Burnett River catchment...</p>Thu, 12 Mar 2026 01:20:24 GMTSteadfast’s Mathieson stresses the importance of advicehttps://www.insurancenews.com.au/the-broker/steadfast-s-mathieson-on-transactional-broking-s-demise-and-crashing-robert-s-boathttps://www.insurancenews.com.au/the-broker/steadfast-s-mathieson-on-transactional-broking-s-demise-and-crashing-robert-s-boat<p>Broking chief Tim Mathieson says AI is set to impact &ldquo;transactional&rdquo; roles, and intermediaries need to focus on risk management and advice...</p>Thu, 12 Mar 2026 00:49:37 GMTMiramar Group ‘just getting started’https://www.insurancenews.com.au/the-broker/miramar-group-just-getting-startedhttps://www.insurancenews.com.au/the-broker/miramar-group-just-getting-started<p>New Steadfast-owned underwriting brand Miramar Group says supporting brokers is a key goal as it begins operations...</p>Thu, 12 Mar 2026 00:49:11 GMTVeldsman starts with Gallagherhttps://www.insurancenews.com.au/the-broker/veldsman-starts-with-gallagherhttps://www.insurancenews.com.au/the-broker/veldsman-starts-with-gallagher<p>Marsh&rsquo;s former head of corporate and commercial for the Pacific business Johannes D Veldsman has started in his new role with Gallagher Australia...</p>Thu, 12 Mar 2026 00:49:01 GMTNIBA subcommittee gives NT members ‘loud and clear’ voicehttps://www.insurancenews.com.au/the-broker/niba-subcommittee-gives-nt-members-loud-and-clear-voicehttps://www.insurancenews.com.au/the-broker/niba-subcommittee-gives-nt-members-loud-and-clear-voice<p>The National Insurance Brokers Association has launched a subcommittee in NT to give members in remote areas a &ldquo;strong voice, meaningful opportunities for connection, and access to industry-leading support and representation&rdquo;...</p>Thu, 12 Mar 2026 00:48:43 GMTMarkey appoints third-generation family successorhttps://www.insurancenews.com.au/the-broker/markey-appoints-third-generation-family-successorhttps://www.insurancenews.com.au/the-broker/markey-appoints-third-generation-family-successor<p>NSW brokerage Markey Insurance Brokers says Max Markey will become EM of broking and operations...</p>Thu, 12 Mar 2026 00:48:31 GMTEx-QBE manager jailed over fake claims rorthttps://www.insurancenews.com.au/daily/ex-qbe-manager-jailed-over-fake-claims-rorthttps://www.insurancenews.com.au/daily/ex-qbe-manager-jailed-over-fake-claims-rort<p>A former workers&rsquo; compensation service manager has been jailed for stealing more than $330,000 from her employer QBE by creating false claims...</p>Wed, 11 Mar 2026 04:41:28 GMTCase for civil liability law reform overwhelming: ICAhttps://www.insurancenews.com.au/daily/case-for-civil-liability-law-reform-overwhelming-icahttps://www.insurancenews.com.au/daily/case-for-civil-liability-law-reform-overwhelming-ica<p>Outdated civil liability laws, soaring legal costs and red tape are pushing up insurance costs for small businesses, the Insurance Council of Australia says...</p>Wed, 11 Mar 2026 04:40:34 GMTSteadfast takes a slice of food industry specialisthttps://www.insurancenews.com.au/daily/steadfast-takes-a-slice-of-food-industry-specialisthttps://www.insurancenews.com.au/daily/steadfast-takes-a-slice-of-food-industry-specialist<p>Steadfast Group has acquired control of food and beverage risk adviser Victual Risk &amp; Insurance and its sister business @ Risk Underwriting...</p>Wed, 11 Mar 2026 04:39:49 GMTCar owner suffers claim KO after winning clash with crookhttps://www.insurancenews.com.au/daily/car-owner-suffers-claim-ko-after-winning-clash-with-crookhttps://www.insurancenews.com.au/daily/car-owner-suffers-claim-ko-after-winning-clash-with-crook<p>A motorist who said his car was dented when he fought off an attempted theft will not receive a payout after his insurer uncovered misrepresentations about pre-existing damage...</p>Wed, 11 Mar 2026 04:39:33 GMT