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Household cover still losing money, APRA data shows

Fri, 29 May 2026 06:21:41 GMT

The householders line remains unprofitable, incurring an underwriting loss of $10 million in the March quarter, the Australian Prudential Regulation Authority says...

Fire research hub closure sparks safety fears

Fri, 29 May 2026 06:21:31 GMT

Experts warn the closure of a CSIRO fire testing centre could weaken building safety regulation and open the door to future flammable cladding-style crises...

‘No longer a male-dominated industry ... but it still feels like one’

Fri, 29 May 2026 06:20:08 GMT

Women in insurance do not always have equal access to roles that “lead directly to power”, CFC Underwriting MD Anita Lane says...

Loan insurance customer wins dispute over sales pitch

Fri, 29 May 2026 06:19:44 GMT

A loan protection policyholder will be refunded premiums paid after the financial services ombudsman found he was influenced by “pressure” from a selling agent...

IAG settles in $4 billion Greensill lawsuit

Fri, 29 May 2026 00:42:22 GMT

IAG has reached a confidential agreement to settle legal proceedings brought by Greensill Bank AG and its insolvency administrator...

Jewel heist fraudster sentenced

Thu, 28 May 2026 06:39:29 GMT

Jeweller Michel Germani has been sentenced to almost five years in jail for staging a multimillion-dollar armed robbery to commit insurance fraud – but with time already served he will be eligible for parole in August...

SIRA CEO heads for exit

Thu, 28 May 2026 06:32:23 GMT

The CEO of NSW’s State Insurance Regulatory Authority will leave after two years in charge...

Dry autumn fuels risk of blazes in east and west

Thu, 28 May 2026 06:31:24 GMT

Drought-hit areas of NSW face elevated fire risk this winter, the Australian and New Zealand Council for Fire and Emergency Services says...

Injured traveller’s business class upgrade ‘not reasonable’

Thu, 28 May 2026 06:30:18 GMT

A holidaymaker who was hurt in a swimming pool accident has failed to force her travel insurer to cover an upgrade to business class that she believed was necessary...

Court rules against broker over $9 million inferno loss

Thu, 28 May 2026 02:30:21 GMT

One of the largest industrial fires in Victorian history has led to the state’s Supreme Court awarding $9.8 million against broker Griffiths Goodall...

Broker Q&A: how worrying is Melbourne’s crime wave?

Thu, 28 May 2026 02:14:39 GMT

A significant number of Melbourne hospitality businesses have suffered devastating arson attacks in recent months – with concerns the costly spree could start to affect insurance...

McLardy McShane pays tribute to ‘inspirational’ Daniher

Thu, 28 May 2026 02:11:20 GMT

Melbourne-headquartered insurance group McLardy McShane has vowed to continue raising funds for FightMND to honour the legacy of Neale Daniher, who died this week following a battle with the disease...

Test case sinks insurer’s cut to covid payout

Thu, 28 May 2026 02:11:06 GMT

An office space landlord has won a dispute over a reduction applied to a covid business interruption insurance payout...

‘Trusted adviser’ takes Lockton client strategy role

Thu, 28 May 2026 02:10:51 GMT

Andrew Wansey has been appointed growth and client strategy leader at Lockton...

Softening market ‘encourages parametric innovation’

Thu, 28 May 2026 02:10:42 GMT

Parametric insurance specialist Descartes aims to unlock further growth in the local market by targeting brokers still not across alternative risk transfer, as the soft market creates opportunities...

Risk impacts down the track after rail operator receives nuisance call

Thu, 28 May 2026 02:10:17 GMT

A court ruling against Transport NSW over “private nuisance” caused by the Sydney light rail project has implications across key insurance classes, according to broker Lockton...

US group picks Hello Claims for motor tie-up

Thu, 28 May 2026 02:09:36 GMT

Hello Claims has formed an exclusive partnership with US risk management group Assurant to undertake motor vehicle assessment and accident management...

icare hit with class action over claimant data breach

Wed, 27 May 2026 06:19:15 GMT

A law firm has filed class action proceedings against icare over a data breach affecting about 192,000 people...

Compo scheme demands could drive up premiums, ICA says

Wed, 27 May 2026 06:19:08 GMT

Insurance affordability problems could worsen if general insurers are forced to financially support the troubled Compensation Scheme of Last Resort, the industry warns...

‘Always ready, always on’: Europ Assistance rebrands

Wed, 27 May 2026 06:18:17 GMT

Generali says its Europ Assistance and employee benefits divisions have rebranded as Redion under “one platform, one vision, to be the world’s premier care partner”...