insuranceNEWS.com.au - Daily

NSW inquiry calls for ESL reform submissions

Fri, 01 May 2026 06:12:06 GMT

A NSW parliamentary inquiry into removing the insurance-based emergency services levy has called for submissions on an options paper with five alternative models...

Review proposes tougher ACT strata disclosure

Fri, 01 May 2026 05:55:11 GMT

An ACT parliamentary review has recommended strengthening strata manager commission disclosures and weighing a NSW inquiry model, while also proposing action to address insurance problems in mixed-use buildings...

CBA contract loss dents Helia’s first-quarter GWP

Fri, 01 May 2026 04:44:46 GMT

Lenders’ mortgage insurer Helia has reported a 32% decline in first-quarter gross written premium to $34.5 million and 9% drop in insurance revenue to $84.3 million...

Insurer right to deny repatriation claim after holiday death

Fri, 01 May 2026 04:29:57 GMT

An insurer which excluded a man’s health issues from his travel policy does not have to pay repatriation costs after he died in Greece...

Experts, advocates demand rapid response on affordability

Thu, 30 Apr 2026 06:25:37 GMT

The federal government should set up a forum in the next six months to drive a national housing resilience program tackling insurance affordability, a cross-sector coalition says...

Listed group takes stake in trades specialist Viz

Thu, 30 Apr 2026 06:25:24 GMT

Tradie search platform hipages Group has acquired a majority stake in Viz Insurance from Insurtech Gateway Australia for $1.4 million...

APRA tells insurers to improve oversight of AI dangers

Thu, 30 Apr 2026 06:24:36 GMT

Insurers’ risk management and resilience practices have fallen behind the pace, scale and complexity of their AI adoption, the Australian Prudential Regulation Authority warns...

Homeowners win claim dispute after pipe nightmare

Thu, 30 Apr 2026 06:23:06 GMT

A couple have won a payout of more than $150,000 after a dispute with Allianz over damage to their townhouse caused by a burst hot water pipe...

Ombudsman ‘will never use AI’ for dispute rulings

Wed, 29 Apr 2026 06:17:59 GMT

The Australian Financial Complaints Authority has ruled out using artificial intelligence to make dispute decisions but is considering its potential for other efficiencies...

Envest recruits CTO to spearhead tech overhaul

Wed, 29 Apr 2026 06:03:17 GMT

Envest has hired Nadene Serman as group chief technology officer – a new executive position that reflects the “growth and maturity" of the group’s broking and underwriting businesses...

Gold standard: theft victim told to prove watch ownership

Wed, 29 Apr 2026 06:01:28 GMT

A traveller who was robbed of a $98,000 gold watch while in France will have to prove ownership of the timepiece after the financial services ombudsman backed his insurer’s claim denial...

INsight podcast: likely El Nino impact far from certain

Wed, 29 Apr 2026 04:28:10 GMT

The Bureau of Meteorology's latest long-range forecast and a pending El Nino are discussed in detail on the latest Insurance News podcast...

Cost-of-living crisis drives rise in ombudsman caseload

Tue, 28 Apr 2026 06:28:44 GMT

Household financial stress is contributing to record numbers of disputes, Australian Financial Complaints Authority chief ombudsman David Locke says...

Lockton demands court clampdown on three more Aviso hires

Tue, 28 Apr 2026 06:28:29 GMT

Lockton has launched legal action against more former employees who joined competing brokerage Aviso Specialty...

NTI polishes up Ruby for annual truck raffle

Tue, 28 Apr 2026 06:07:24 GMT

NTI has restored a 1947 Chevrolet Maple Leaf truck for its annual raffle to support motor neurone disease research...

Premium row not a sorry situation, AFCA finds

Tue, 28 Apr 2026 06:05:47 GMT

Auto & General does not have to apologise to a former customer after more than doubling his home contents premium, the financial services ombudsman has ruled...

Suncorp steps up reinsurance protection

Fri, 24 Apr 2026 06:23:26 GMT

Suncorp says it has taken advantage of improved reinsurance market conditions to boost its cover with an aggregate arrangement providing $800 million of protection annually, up to a total of $2.4 billion across five years...

Are rate reductions rational? Watch market outlook webinar

Fri, 24 Apr 2026 06:22:59 GMT

Signs of irrationality are appearing in a “deeply softening” market and it’s hard to see how current trends in the most impacted sectors can continue, according to experts from Finity...

Willis names leader for Pacific natural resources push

Fri, 24 Apr 2026 05:31:18 GMT

Willis’ Queensland manager Scott Kirkwood has been promoted to Pacific head of natural resources, replacing Matt Frost following his retirement...

Past catches up with driver as cover cancelled

Fri, 24 Apr 2026 05:31:11 GMT

A Porsche owner has lost his bid for a damage payout because he failed to disclose driving offences that would have made him uninsurable...