insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSuncorp premium growth eases, reinsurance placedhttps://www.insurancenews.com.au/daily/suncorp-premium-growth-eases-reinsurance-placedhttps://www.insurancenews.com.au/daily/suncorp-premium-growth-eases-reinsurance-placed<p>Suncorp expects to report gross written premium growth of about 2.7% for last financial year, with investment income down but guidance for the key underlying profitability measure maintained...</p>Fri, 03 Jul 2026 05:35:12 GMTAustbrokers Countrywide unveils new leadership teamhttps://www.insurancenews.com.au/daily/austbrokers-countrywide-unveils-new-leadership-teamhttps://www.insurancenews.com.au/daily/austbrokers-countrywide-unveils-new-leadership-team<p>Austbrokers Countrywide has promoted GM Darren Toll to CEO, in one of several leadership changes following the merger with Adroit Insurance &amp; Risk earlier this year...</p>Fri, 03 Jul 2026 05:32:51 GMTEntrepreneurs talk tech success at Insurance News conferencehttps://www.insurancenews.com.au/daily/entrepreneurs-talk-tech-success-at-insurance-news-conferencehttps://www.insurancenews.com.au/daily/entrepreneurs-talk-tech-success-at-insurance-news-conference<p>Two company founders will take to the stage for an enlightening discussion at the upcoming Beyond the Buzzwords insurtech conference...</p>Fri, 03 Jul 2026 05:30:36 GMTCousin not close enough to trigger death disruption payouthttps://www.insurancenews.com.au/daily/cousin-not-close-enough-to-trigger-death-disruption-payouthttps://www.insurancenews.com.au/daily/cousin-not-close-enough-to-trigger-death-disruption-payout<p>A travel insurer was entitled to reject a claim for a trip cut short due to the death of a policyholder&rsquo;s cousin, because the deceased was not a &ldquo;close relative&rdquo;...</p>Fri, 03 Jul 2026 05:29:14 GMTBank brands join bushfire resilience ratings programhttps://www.insurancenews.com.au/daily/bank-brands-join-bushfire-resilience-ratings-programhttps://www.insurancenews.com.au/daily/bank-brands-join-bushfire-resilience-ratings-program<p>The NAB and CommBank insurance brands have joined a resilience ratings scheme linking household bushfire mitigation with premium reductions, as work continues towards delivering a national multihazard application...</p>Thu, 02 Jul 2026 05:47:48 GMTCompliance expert to head code watchdoghttps://www.insurancenews.com.au/daily/compliance-expert-to-head-code-watchdoghttps://www.insurancenews.com.au/daily/compliance-expert-to-head-code-watchdog<p>Heather Loewenthal has become chair of the General Insurance Code Governance Committee...</p>Thu, 02 Jul 2026 05:47:32 GMTANZIIF launches summit to ‘define industry’s future’https://www.insurancenews.com.au/daily/anziif-launches-summit-to-define-industry-s-futurehttps://www.insurancenews.com.au/daily/anziif-launches-summit-to-define-industry-s-future<p>The Australian and New Zealand Institute of Insurance and Finance has launched its International Summit &ndash; a gathering of &ldquo;the brightest minds&rdquo; in the industry...</p>Thu, 02 Jul 2026 04:27:16 GMTInsurer can’t demand maintenance fixes before paying out: AFCAhttps://www.insurancenews.com.au/daily/insurer-can-t-demand-maintenance-fixes-before-paying-out-afcahttps://www.insurancenews.com.au/daily/insurer-can-t-demand-maintenance-fixes-before-paying-out-afca<p>A strata insurer has been ordered to pay a cyclone damage claim after the industry ombudsman ruled it cannot withhold payment until homeowners complete maintenance work...</p>Thu, 02 Jul 2026 04:26:36 GMTProbitas Pacific recruits WTW exec as Australia headhttps://www.insurancenews.com.au/daily/probitas-pacific-recruits-wtw-exec-as-australia-headhttps://www.insurancenews.com.au/daily/probitas-pacific-recruits-wtw-exec-as-australia-head<p>Aviva has hired Jill Stewart to manage Probitas Pacific, its Australian specialty underwriting business backed by Lloyd&rsquo;s capacity...</p>Wed, 01 Jul 2026 06:18:57 GMTZurich tech to power Mercedes-Benz motor coverhttps://www.insurancenews.com.au/daily/zurich-tech-to-power-mercedes-benz-motor-coverhttps://www.insurancenews.com.au/daily/zurich-tech-to-power-mercedes-benz-motor-cover<p>Zurich Australia is teaming with Mercedes-Benz Financial Services on cover for the car maker&rsquo;s passenger and commercial vehicles, including combustion, electric and hybrid models...</p>Wed, 01 Jul 2026 06:18:44 GMTAFCA reverses fraud finding over crash probe ‘deficiencies’https://www.insurancenews.com.au/daily/afca-reverses-fraud-finding-over-crash-probe-deficiencieshttps://www.insurancenews.com.au/daily/afca-reverses-fraud-finding-over-crash-probe-deficiencies<p>An insurer has been ordered to pay a motor claim after the industry ombudsman rejected allegations a policyholder deliberately crashed her car...</p>Wed, 01 Jul 2026 06:18:07 GMTINsight podcast: have insurers cracked new code?https://www.insurancenews.com.au/daily/insight-podcast-have-insurers-cracked-new-codehttps://www.insurancenews.com.au/daily/insight-podcast-have-insurers-cracked-new-code<p>The long-awaited draft of the new General Insurance Code of Practice is the first matter discussed on the latest Insurance News podcast...</p>Wed, 01 Jul 2026 06:11:08 GMTCompliance review finds strata broking breacheshttps://www.insurancenews.com.au/daily/compliance-review-finds-strata-broking-breacheshttps://www.insurancenews.com.au/daily/compliance-review-finds-strata-broking-breaches<p>The broking code compliance committee has issued nine breach determinations and referred two brokers to the corporate regulator following a review of strata insurance arrangements...</p>Tue, 30 Jun 2026 06:32:07 GMTCode committee probe reveals premium transparency gapshttps://www.insurancenews.com.au/daily/code-committee-probe-reveals-premium-transparency-gapshttps://www.insurancenews.com.au/daily/code-committee-probe-reveals-premium-transparency-gaps<p>Some insurers have failed to provide clear pricing and payment option details in renewal notices, leaving customers without the information they need to make informed decisions, the General Insurance Code Governance Committee says...</p>Tue, 30 Jun 2026 06:31:57 GMTLife rule book overhaul looms as Kell unveils final report https://www.insurancenews.com.au/daily/life-rulebook-overhaul-looms-as-kell-unveils-final-report-https://www.insurancenews.com.au/daily/life-rulebook-overhaul-looms-as-kell-unveils-final-report-<p>Major changes to the Life Insurance Code of Practice have been recommended in reviewer Peter Kell&rsquo;s final report...</p>Tue, 30 Jun 2026 06:30:28 GMTAFCA backs ‘despairing’ salon owner after tobacco store arsonhttps://www.insurancenews.com.au/daily/afca-backs-despairing-salon-owner-after-tobacco-store-arsonhttps://www.insurancenews.com.au/daily/afca-backs-despairing-salon-owner-after-tobacco-store-arson<p>The owner of a beauty salon that was covered in toxic soot when a next-door tobacco shop was firebombed has won a claim dispute in which she was seeking more than $200,000 for damage, plus $44,000 for business interruption...</p>Tue, 30 Jun 2026 05:59:58 GMTAI elevates tech risk for business leaders, study showshttps://www.insurancenews.com.au/daily/ai-elevates-tech-risk-for-business-leaders-study-showshttps://www.insurancenews.com.au/daily/ai-elevates-tech-risk-for-business-leaders-study-shows<p>The rise of artificial intelligence has led to technology risk consuming businesses across governance, regulation and reputation, according to a report from Clyde &amp; Co...</p>Fri, 26 Jun 2026 06:03:41 GMTStadium car park tumble not job-relatedhttps://www.insurancenews.com.au/daily/stadium-car-park-tumble-not-job-relatedhttps://www.insurancenews.com.au/daily/stadium-car-park-tumble-not-job-related<p>A security company was not responsible for a staff member&rsquo;s injuries suffered in a slip while walking from a car park to work, the Victorian Supreme Court has ruled...</p>Fri, 26 Jun 2026 06:03:30 GMT‘Relief for businesses’ as state holds workers’ comp premiumshttps://www.insurancenews.com.au/daily/relief-for-businesses-as-state-holds-workers-comp-premiumshttps://www.insurancenews.com.au/daily/relief-for-businesses-as-state-holds-workers-comp-premiums<p>Queensland has frozen WorkCover premiums for the second year in a row and pledged a continued crackdown on workers&rsquo; compensation fraudsters...</p>Fri, 26 Jun 2026 06:03:13 GMTFridge owner’s breakdown claim meets frosty receptionhttps://www.insurancenews.com.au/daily/fridge-owner-s-breakdown-claim-meets-frosty-receptionhttps://www.insurancenews.com.au/daily/fridge-owner-s-breakdown-claim-meets-frosty-reception<p>A business policyholder has lost a claim dispute with Guild Insurance after it declined to settle his claim for a faulty vaccine fridge...</p>Fri, 26 Jun 2026 06:03:03 GMT