insuranceNEWS.com.au - Daily

Wild frontier: watchdog warns on AI threat as Mythos stokes fear

Fri, 08 May 2026 06:07:05 GMT

The corporate regulator has raised alarm over Mythos and other advanced AI tools, as it urges insurers and other financial services providers to “act now” on stronger cybersecurity...

QBE on track despite geopolitical turmoil

Fri, 08 May 2026 06:01:29 GMT

QBE has reported first-quarter gross written premium increases in line with expectations and catastrophe costs including Middle East impacts well within allowance...

Workers’ comp fraudster feels heat over his saucy secret

Fri, 08 May 2026 06:00:46 GMT

A former supermarket worker caught running a chilli sauce business while receiving compensation for a work-related injury has been ordered to pay back more than $117,000...

Mum wins compensation after email error sparks ‘harassment and abuse’

Fri, 08 May 2026 06:00:15 GMT

An insurer has been ordered to pay compensation to a mother after it mistakenly sent her abusive ex-husband an email said to contain her “highly sensitive personal information”...

Australia ‘taking global crown’ as litigation hotspot

Thu, 07 May 2026 06:27:11 GMT

Reinsurers view Australia as the most litigious market in the world, Insurance Council of Australia CEO Andrew Hall told an inquiry today, as the industry body pushes for a civil liability review...

Proclaim, DWF name leadership team

Thu, 07 May 2026 05:50:50 GMT

DWF and Proclaim have a new leadership structure for their combined Australian claims management business...

Changing of the guard at Finity as long-serving boss retires

Thu, 07 May 2026 05:33:25 GMT

Finity Consulting has announced MD Scott Collings will retire this year and be replaced by chairman Nelson Henwood...

Bad vibes: house claim crumbles on ‘impact’

Thu, 07 May 2026 05:32:00 GMT

A property owner has lost her bid for a payout after the industry ombudsman ruled vibrations do not constitute an “impact” on a home...

Industry bodies bemoan ‘killer’ premiums as inquiry hearings begin

Wed, 06 May 2026 06:24:36 GMT

High insurance premiums are a “real killer” for small businesses, a federal parliamentary inquiry heard today...

Prices ‘continue to soften’ but war casts shadow over market

Wed, 06 May 2026 05:43:18 GMT

Australian pricing fell 11%-20% in the first quarter amid abundant capacity and broader coverage, while the Middle East conflict adds uncertainty to the global outlook, according to an Aon report...

‘Dynamic leader’ takes reins as Sedgwick fills top jobs

Wed, 06 May 2026 05:41:45 GMT

Sedgwick has made Simon Kay CEO of its Australian business under a new leadership line-up following the retirement last year of former chief Diego Ascani...

INsight podcast: talking affordability action plans

Wed, 06 May 2026 03:46:13 GMT

Home insurance affordability challenges and what to do about them are discussed in detail on the latest episode of the Insurance News podcast...

icare executive roles hit by 'changes'

Tue, 05 May 2026 06:25:19 GMT

An unspecified number of high-level icare staff will be affected by changes announced today by the NSW state insurer...

Lawyers slam industry as small business inquiry starts hearings

Tue, 05 May 2026 06:12:06 GMT

A federal parliamentary inquiry into insurance challenges facing small businesses, charities and community groups will begin public hearings tomorrow as lawyers argue against “cutting compensation rights”...

Half measure a fair remedy for insured’s double trouble

Tue, 05 May 2026 06:11:52 GMT

The industry ombudsman has backed an insurer in a dispute over dual insurance, after a property owner accidentally doubled up on home and contents policies...

Allied World adds third Australian branch

Mon, 04 May 2026 23:17:50 GMT

Allied World has opened an office in Melbourne as part of a broader strategy to strengthen its position in key regional markets...

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...