insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSteadfast considers India after US, UK moves pay offhttps://www.insurancenews.com.au/daily/steadfast-considers-india-after-us-uk-moves-pay-offhttps://www.insurancenews.com.au/daily/steadfast-considers-india-after-us-uk-moves-pay-off<p>Steadfast is looking at options to enter the Indian market, as it continues to expand overseas...</p>Fri, 10 Apr 2026 06:11:28 GMTReviewer makes life code reform proposals in interim reporthttps://www.insurancenews.com.au/daily/reviewer-makes-life-code-reform-proposals-in-interim-reporthttps://www.insurancenews.com.au/daily/reviewer-makes-life-code-reform-proposals-in-interim-report<p>Life code reviewer Peter Kell today released his interim findings, with mental health and claims handling among matters on which he is seeking more stakeholder feedback...</p>Fri, 10 Apr 2026 06:11:16 GMTCyclones Maila, Vaianu pose twin threathttps://www.insurancenews.com.au/daily/cyclones-maila-vaianu-pose-twin-threathttps://www.insurancenews.com.au/daily/cyclones-maila-vaianu-pose-twin-threat<p>Cyclone Maila could cross the Far North Queensland coast early next week and Cyclone Vaianu is expected to bring destructive wind and heavy rain to New Zealand&rsquo;s North Island on Sunday...</p>Fri, 10 Apr 2026 05:59:17 GMTDad fails to prove baby’s illness derailed holiday planhttps://www.insurancenews.com.au/daily/dad-fails-to-prove-baby-s-illness-derailed-holiday-planhttps://www.insurancenews.com.au/daily/dad-fails-to-prove-baby-s-illness-derailed-holiday-plan<p>A father who said he cancelled a family holiday to Fiji amid concerns over his newborn son&rsquo;s health will not be covered for his losses after he failed to provide evidence his son was unfit to fly...</p>Fri, 10 Apr 2026 05:58:03 GMTNTI speaking up for truckies as fuel costs bitehttps://www.insurancenews.com.au/daily/nti-actively-contributing-to-talks-on-truckies-tax-reliefhttps://www.insurancenews.com.au/daily/nti-actively-contributing-to-talks-on-truckies-tax-relief<p>Transport specialist NTI has advocated for the freight industry at government roundtables and working groups after a doubling of fuel costs that is &ldquo;challenging even the most experienced operators&rdquo;...</p>Thu, 09 Apr 2026 06:14:07 GMTS&P expects governments to step in on affordabilityhttps://www.insurancenews.com.au/daily/s-and-p-expects-governments-to-step-in-on-affordabilityhttps://www.insurancenews.com.au/daily/s-and-p-expects-governments-to-step-in-on-affordability<p>Government intervention is increasingly likely in high-risk areas where home insurance is unaffordable, according to S&amp;P Global Ratings...</p>Thu, 09 Apr 2026 06:13:53 GMTCyclone pool payouts top $1 billionhttps://www.insurancenews.com.au/daily/cyclone-pool-payouts-top-1-billionhttps://www.insurancenews.com.au/daily/cyclone-pool-payouts-top-1-billion<p>Cyclone reinsurance pool claim payments have exceeded $1 billion since the scheme launched almost four years ago to help reduce premium costs in higher-risk areas...</p>Thu, 09 Apr 2026 06:10:46 GMTAFCA settles on ‘most likely’ answer to car key questionhttps://www.insurancenews.com.au/daily/afca-settles-on-most-likely-answer-to-car-key-questionhttps://www.insurancenews.com.au/daily/afca-settles-on-most-likely-answer-to-car-key-question<p>A company car will not be covered after the business&rsquo; director was found to have parked it near his rural home unlocked, unattended and with the key inside...</p>Thu, 09 Apr 2026 06:06:43 GMTAPRA boosts Sovereign’s capital requirementhttps://www.insurancenews.com.au/daily/apra-boosts-sovereign-s-capital-requirementhttps://www.insurancenews.com.au/daily/apra-boosts-sovereign-s-capital-requirement<p>The Australian Prudential Regulation Authority has added an extra $2 million capital requirement to Sovereign Insurance Australia due to a heightened risk profile...</p>Wed, 08 Apr 2026 06:19:06 GMTStar casino’s cladding case has ‘significance’ for insurers https://www.insurancenews.com.au/daily/star-casino-s-cladding-case-outcome-has-significance-for-insurershttps://www.insurancenews.com.au/daily/star-casino-s-cladding-case-outcome-has-significance-for-insurers<p>Lawyers have weighed in on likely insurance impacts from the outcome of The Star casino&rsquo;s cladding lawsuit against builder, Buildcorp Group...</p>Wed, 08 Apr 2026 06:19:00 GMT‘In the depths’: free webinar examines soft market outlookhttps://www.insurancenews.com.au/daily/in-the-depths-free-webinar-examines-soft-market-outlookhttps://www.insurancenews.com.au/daily/in-the-depths-free-webinar-examines-soft-market-outlook<p>We&rsquo;re currently &ldquo;in the depths&rdquo; of a soft market, Finity says, with conditions &ldquo;entrenched&rdquo; in commercial lines and little sign of a momentum shift...</p>Wed, 08 Apr 2026 06:18:52 GMTFake travel agent scam 'not covered'https://www.insurancenews.com.au/daily/a-traveller-who-was-scammed-by-a-fraudulent-online-travel-agent-will-not-be-reimbursed-by-his-insurer-after-it-showed-its-policy-did-not-respond-to-his-losshttps://www.insurancenews.com.au/daily/a-traveller-who-was-scammed-by-a-fraudulent-online-travel-agent-will-not-be-reimbursed-by-his-insurer-after-it-showed-its-policy-did-not-respond-to-his-loss<p>A traveller who was scammed by a fraudulent online travel agent will not be reimbursed by his insurer after it showed its policy did not respond to his loss...</p>Wed, 08 Apr 2026 06:18:22 GMTLawyers push back after ICA seeks legal fee capshttps://www.insurancenews.com.au/daily/lawyers-push-back-after-ica-seeks-legal-fee-capshttps://www.insurancenews.com.au/daily/lawyers-push-back-after-ica-seeks-legal-fee-caps<p>Insurers should be required to disclose transparent and comprehensive data explaining increases in small business insurance premiums or limited access to coverage, the Australian Lawyers Alliance says...</p>Tue, 07 Apr 2026 06:24:23 GMTCyclone Maila tipped to reach Queensland  https://www.insurancenews.com.au/daily/cyclone-maila-tipped-to-reach-queenslandhttps://www.insurancenews.com.au/daily/cyclone-maila-tipped-to-reach-queensland<p>Severe Tropical Cyclone Maila is expected to move towards far north Queensland in the next few days and could cross the coast as early as next weekend...</p>Tue, 07 Apr 2026 06:24:17 GMTBlend names A&H headhttps://www.insurancenews.com.au/daily/blend-insurance-names-a-and-h-headhttps://www.insurancenews.com.au/daily/blend-insurance-names-a-and-h-head<p>Blend Insurance Solutions, owned by AI-focused insurtech Kaibridge, has appointed Melanie Hoffmann as head of Accident and Health...</p>Tue, 07 Apr 2026 06:07:20 GMTRepeat fraudster fails to land dodgy travel claimhttps://www.insurancenews.com.au/daily/repeat-fraudster-fails-to-land-dodgy-travel-claimhttps://www.insurancenews.com.au/daily/repeat-fraudster-fails-to-land-dodgy-travel-claim<p>A customer with a history of faking claims has lost a dispute over $25,000 losses associated with his family&rsquo;s trip to Pakistan...</p>Tue, 07 Apr 2026 06:06:20 GMT‘Important step’: MP committee set up to probe ESL reformhttps://www.insurancenews.com.au/daily/important-step-mp-committee-set-up-to-probe-esl-reformhttps://www.insurancenews.com.au/daily/important-step-mp-committee-set-up-to-probe-esl-reform<p>The NSW parliament has finalised membership of a committee examining options to replace the emergency services levy on insurance, as a long-running process moves ahead...</p>Thu, 02 Apr 2026 05:27:07 GMTApartment owners lose lawsuit over ‘fire risk’ claddinghttps://www.insurancenews.com.au/daily/apartment-owners-lose-lawsuit-over-fire-risk-claddinghttps://www.insurancenews.com.au/daily/apartment-owners-lose-lawsuit-over-fire-risk-cladding<p>A group of strata owners ordered to replace aluminium cladding on their buildings have lost a class action alleging misleading conduct by the manufacturer and supplier of the panels...</p>Thu, 02 Apr 2026 05:27:00 GMTDownload market outlook report – and sign up for free webinarhttps://www.insurancenews.com.au/daily/download-market-outlook-report-and-sign-up-for-free-webinarhttps://www.insurancenews.com.au/daily/download-market-outlook-report-and-sign-up-for-free-webinar<p>A digital copy of the INFORM market outlook report compiled by Finity and Insurance News can now be downloaded....</p>Thu, 02 Apr 2026 05:26:48 GMTInsurer did enough to spell out coverage changes, AFCA ruleshttps://www.insurancenews.com.au/daily/insurer-did-enough-to-spell-out-coverage-changes-afca-ruleshttps://www.insurancenews.com.au/daily/insurer-did-enough-to-spell-out-coverage-changes-afca-rules<p>A motor policyholder has failed in a bid to make Suncorp pay about $14,000 more than the insured sum on her written-off car...</p>Thu, 02 Apr 2026 05:26:16 GMT