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Hollard fined $2m after storm claimants ‘left in limbo for years’

Fri, 09 Oct 2026 05:17:01 GMT

The Federal Court has fined Hollard $2 million over failures handling a home and contents claim made by a couple after a storm damaged their roof...

Canberra drops plan to slash disaster recovery funding

Fri, 09 Oct 2026 05:13:59 GMT

The federal government has scrapped proposed changes to the Disaster Recovery Funding Framework after a campaign by Queensland councils and politicians...

Industry questions Treasury calculations on compo scheme levy

Fri, 09 Oct 2026 05:13:44 GMT

Insurers have pressed for a rethink on their share of the $170.3 million special levy to cover a cost blowout in the Compensation Scheme of Last Resort, questioning the metrics used to decide contributions...

Policyholders telling porkies to pare premiums

Fri, 09 Oct 2026 05:13:00 GMT

More than one in five Australians bend the truth on their home insurance applications to save money, according to research by comparison site Finder...

AFCA sides with car insurer in row over fair value

Fri, 09 Oct 2026 05:10:16 GMT

The industry ombudsman has backed an insurer after policyholders complained they were misled into believing their car’s agreed value reflected its market worth...

IAG, RAC apply for review of blocked deal

Thu, 08 Oct 2026 05:19:24 GMT

IAG and RAC have lodged applications that keep the door open for an Australian Competition Tribunal review of a blocked takeover deal, as they also pursue a public interest test process...

Genetic test ban kicks in after lengthy reform push

Thu, 08 Oct 2026 05:17:25 GMT

Laws banning the use of adverse genetic test results in life insurance underwriting began today after the reform secured passage in the Senate in April...

Hollard hires former banking exec as risk chief

Thu, 08 Oct 2026 05:02:39 GMT

Hollard Insurance Australia has recruited Mark Adams from the banking sector to be its chief risk officer...

Demolition group fined for safety failings after worker death

Thu, 08 Oct 2026 05:01:07 GMT

A demolition recycling company has been fined $187,500 for breaching NSW workplace safety laws when a worker died in an excavator accident...

Missed by metres: theft at journey’s end falls outside travel cover

Thu, 08 Oct 2026 05:00:56 GMT

A travel policyholder has lost a claim dispute after her handbag, passport and other belongings were stolen from outside her garage at the end of a family trip...

Castle chief outlines what capacity change means for brokers

Thu, 08 Oct 2026 00:50:55 GMT

Castle Insurance boss Bradley Heath says he is eyeing significant expansion over the next five years as a new capacity deal with Canopius creates fresh opportunities...

NIBA rejects compensation scheme levy model

Thu, 08 Oct 2026 00:50:47 GMT

Brokers have told the federal government they should not pay a special levy to cover a Compensation Scheme of Last Resort shortfall driven by other sectors...

‘A generous, valued colleague’: QPR pays tribute to Tony Harris

Thu, 08 Oct 2026 00:50:15 GMT

QPR Premium Funding regional manager Tony Harris has died aged 74 after a battle with cancer...

Aviso Specialty brings in capital solutions chief

Thu, 08 Oct 2026 00:49:48 GMT

Aviso Specialty has appointed Eric Wojcik as head of capital and guarantee solutions, effective next March...

Code committee calls for full story behind breaches

Thu, 08 Oct 2026 00:44:40 GMT

Brokers were reminded of the importance of providing detailed information when the profession’s code compliance committee appeared at a conference hosted by insurtech Curium in Sydney last month...

Broker wins stoush over unwanted flood cover

Thu, 08 Oct 2026 00:43:07 GMT

A homeowner who sought a reimbursement because her new policy did not offer an opt-out for flood cover has lost a dispute with broker Network Insurance House...

Conference speakers split on AI advisers debate

Thu, 08 Oct 2026 00:41:55 GMT

Brokers’ use of AI to aid compliance was up for debate at a conference hosted by insurtech Curium in Sydney...

Cyber specialist adds personal protection for business leaders

Thu, 08 Oct 2026 00:08:32 GMT

CFC has introduced cyber policy enhancements to support senior executives facing personal threats...

Arch names Australian head of casualty

Thu, 08 Oct 2026 00:07:49 GMT

Andrew Whitlock has been promoted to head of casualty at Arch Insurance Australia, responsible for underwriting strategy and growth of the retail portfolio...

Vero awards grant to sports club at heart of fire-hit town

Wed, 07 Oct 2026 22:06:14 GMT

Insurer Vero has given Harcourt Football Netball Club its $25,000 community grant this year, as part of its sponsorship of the NIBA young broker of the year awards...