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Dry-cleaners steamed up over premium hikes

Wed, 04 Mar 2026 05:18:05 GMT

Dry-cleaners say rising premiums are causing “huge stress” and insurers view their industry as high-risk without considering individual business differences...

Zurich, Honey team up on pet insurance

Wed, 04 Mar 2026 05:17:41 GMT

Zurich and Honey Insurance have partnered to launch a pet cover product under the Virgin Money brand...

Car thieves’ ‘accident’ still covered despite key mistake

Wed, 04 Mar 2026 05:14:12 GMT

A motorist whose car was stolen and written off after his keys were left in his wife’s nearby vehicle will receive a payout because the complaints authority says the loss can be considered accidental damage...

INsight podcast: conflict throws travel into chaos

Wed, 04 Mar 2026 05:10:03 GMT

The Middle East conflict and the response of travel insurers is the main topic discussed on the latest edition of the Insurance News podcast...

Iran conflict a ‘significant event’ as industry steps up support

Tue, 03 Mar 2026 05:15:42 GMT

Travel insurers have deployed extra resources to help customers caught in the Middle East conflict zone, according to the Insurance Council of Australia, which has declared the US-Israeli war on Iran a significant event...

UAC Leadership Academy launch a ‘powerful confirmation’

Tue, 03 Mar 2026 05:14:41 GMT

Module one of the first Underwriting Agencies Council Leadership Academy program began today with a 30-strong cohort taking part...

Lockton opens major corporate accounts operation

Tue, 03 Mar 2026 05:14:17 GMT

Lockton has recruited former Aon account director Alex Tilden to head its new major accounts practice...

Damage claim scratched out after echidna wreaks havoc

Tue, 03 Mar 2026 05:13:12 GMT

A strata property’s owners have been denied a payout for damage caused by an intruding echidna after the financial services ombudsman accepted their policy excluded the loss...

Iran conflict stirs marine underwriters into action

Mon, 02 Mar 2026 04:10:08 GMT

Marine war risk underwriters have reacted quickly to the military strikes in the Middle East, according to Aon...

ICA flags travel policy war exclusions

Mon, 02 Mar 2026 04:09:59 GMT

The Insurance Council of Australia has warned travel insurance generally excludes cover for losses arising from armed conflicts, given safety risks to people and potential financial impacts on insurers...

Peak body calls for ‘ambitious uplift’ in climate resilience spend

Mon, 02 Mar 2026 04:01:30 GMT

The Insurance Council of Australia says federal government spending on climate resilience is “failing to keep up” with rising risks, but it has not revealed its position on short-term options to help high-risk homeowners, such as flood reinsurance pools...

‘Silent’ removal of Budget Direct discounts sparks ASIC action

Mon, 02 Mar 2026 04:01:16 GMT

Auto & General misled its Budget Direct customers by failing to tell them online discounts would be lost if they made certain changes during their policies’ first year, the corporate regulator alleges...

Call for feedback on unfair contract term reforms

Mon, 02 Mar 2026 04:01:07 GMT

Treasury has opened consultation as it reviews changes to unfair contract term legislation that expanded protection for small businesses and consumers...

AFCA ‘strengthens expertise’ with exec appointments

Mon, 02 Mar 2026 04:00:45 GMT

The Australian Financial Complaints Authority has added a chief customer officer and chief technology officer to its C-suite...

Hazard commission outlines investment goals

Mon, 02 Mar 2026 04:00:35 GMT

New Zealand’s Natural Hazards Commission Toka Tu Ake has published its first statement of investment policy and objectives, detailing its strategy to ensure sustainable funding...

Industry profit sinks as hail hits home

Mon, 02 Mar 2026 04:00:09 GMT

The general insurance industry made a $132 million net profit in the December quarter, taking its year total to about $5.8 billion, according to Australian Prudential Regulation Authority data...

Motor to fore as AFCA complaints surge

Mon, 02 Mar 2026 04:00:00 GMT

The Australian Financial Complaints Authority received 36,326 general insurance complaints last year, up 20% on 2024...

January fires tipped to cost $786 million

Mon, 02 Mar 2026 03:59:52 GMT

Bushfires that devastated parts of Victoria from January 7-13 caused $786 million in insured losses, Swiss catastrophe data company Perils estimates...

Australia improves standing on resilience index

Mon, 02 Mar 2026 03:59:41 GMT

Australia is the second most resilient economy in the Asia-Pacific region, despite its low productivity and climate risks, according to FM...

Britain sanctions NZ insurer over alleged Russia link

Mon, 02 Mar 2026 03:59:30 GMT

The UK government has sanctioned New Zealand insurer Maritime Mutual Insurance Association, saying it was involved in supporting the Russian energy sector...