insuranceNEWS.com.au - DailyGeneral 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 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 GMTCyber market leans towards buyers but ‘tides shifting’https://www.insurancenews.com.au/daily/cyber-market-leans-towards-buyers-but-tides-shiftinghttps://www.insurancenews.com.au/daily/cyber-market-leans-towards-buyers-but-tides-shifting<p>The cyber insurance market remains soft, with favourable terms, easy access to capacity and competitive pricing, Gallagher says...</p>Tue, 10 Mar 2026 05:21:22 GMTAUB concludes Prestige acquisitionhttps://www.insurancenews.com.au/daily/aub-concludes-prestige-acquisitionhttps://www.insurancenews.com.au/daily/aub-concludes-prestige-acquisition<p>AUB Group has wrapped up its $432 million acquisition of the Prestige business in the UK after indicating at its half-year results that the deal would settle on or before May 1...</p>Tue, 10 Mar 2026 05:21:16 GMTHow to build customer loyalty: sign up for free webinarhttps://www.insurancenews.com.au/daily/how-to-build-customer-loyalty-sign-up-for-free-webinarhttps://www.insurancenews.com.au/daily/how-to-build-customer-loyalty-sign-up-for-free-webinar<p>The importance of every interaction in gaining customer loyalty will be examined during an upcoming Insurance News webinar, brought to you by Guidewire and Smart Communications...</p>Tue, 10 Mar 2026 05:21:09 GMTAFCA dismisses fluoride finding in water fighthttps://www.insurancenews.com.au/daily/afca-dismisses-fluoride-finding-in-water-fighthttps://www.insurancenews.com.au/daily/afca-dismisses-fluoride-finding-in-water-fight<p>IAG must pay more than $89,000 to a Mercedes owner after the financial services ombudsman rejected its decision to deny a flood damage claim...</p>Tue, 10 Mar 2026 05:00:55 GMTLatest gender pay gap stats a fresh ‘reality check’ https://www.insurancenews.com.au/daily/latest-gender-pay-gap-stats-a-fresh-reality-check-https://www.insurancenews.com.au/daily/latest-gender-pay-gap-stats-a-fresh-reality-check-<p>Women make up 53% of employees in financial and insurance services in Australia, yet most are on the lowest end of the pay range...</p>Fri, 06 Mar 2026 05:25:28 GMTCornerstone buys brokers in Queensland growth drivehttps://www.insurancenews.com.au/daily/cornerstone-buys-brokers-in-queensland-growth-drivehttps://www.insurancenews.com.au/daily/cornerstone-buys-brokers-in-queensland-growth-drive<p>Envest-owned Cornerstone Risk Group has acquired Queensland brokers Cav Insure and Rural Insurance Services...</p>Fri, 06 Mar 2026 05:25:17 GMTMotorist fails to reverse insurer’s fault finding after smashhttps://www.insurancenews.com.au/daily/motorist-fails-to-reverse-insurer-s-fault-finding-after-smashhttps://www.insurancenews.com.au/daily/motorist-fails-to-reverse-insurer-s-fault-finding-after-smash<p>A driver deemed partially at fault for a crash with his neighbour&rsquo;s car has lost a dispute before the Australian Financial Complaints Authority over his insurer&rsquo;s blame assessment...</p>Fri, 06 Mar 2026 05:25:08 GMTSpecial INsight podcast talks tech with the expertshttps://www.insurancenews.com.au/daily/special-insight-podcast-talks-tech-with-the-expertshttps://www.insurancenews.com.au/daily/special-insight-podcast-talks-tech-with-the-experts<p>A new Insurance News feature podcast shares expert commentary on the latest trends, opportunities and challenges in insurtech...</p>Fri, 06 Mar 2026 05:24:19 GMT