insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auLatest 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 GMTIAG tries again with RAC dealhttps://www.insurancenews.com.au/daily/iag-tries-again-with-rac-dealhttps://www.insurancenews.com.au/daily/iag-tries-again-with-rac-deal<p>The competition regulator has started a new assessment of IAG&rsquo;s plan to acquire RAC underwriting after the insurer lodged an application under a revamped merger regime that began in January...</p>Thu, 05 Mar 2026 05:30:07 GMTBroker clients cautious on AI claims usehttps://www.insurancenews.com.au/daily/broker-clients-cautious-on-ai-claims-usehttps://www.insurancenews.com.au/daily/broker-clients-cautious-on-ai-claims-use<p>Businesses are relatively comfortable with brokers and insurers adopting artificial intelligence for administrative tasks but support drops when it comes to claim decisions, according to Vero&rsquo;s annual SME Insurance Index...</p>Thu, 05 Mar 2026 05:29:01 GMTInsurance News event tackles shifting cyber landscapehttps://www.insurancenews.com.au/daily/insurance-news-event-tackles-shifting-cyber-landscapehttps://www.insurancenews.com.au/daily/insurance-news-event-tackles-shifting-cyber-landscape<p>Rapidly evolving cyber risks and how to counter them will be the focus of an expert panel at the upcoming Insurance News conference...</p>Thu, 05 Mar 2026 05:28:51 GMTA close enough Fit: AFCA backs driver in car model rowhttps://www.insurancenews.com.au/daily/a-close-enough-fit-afca-backs-driver-in-car-model-rowhttps://www.insurancenews.com.au/daily/a-close-enough-fit-afca-backs-driver-in-car-model-row<p>A Honda owner whose cover was cancelled because he listed the wrong car model has won a claim dispute because his misrepresentation did not breach the relevant duty...</p>Thu, 05 Mar 2026 05:12:41 GMTDry-cleaners steamed up over premium hikeshttps://www.insurancenews.com.au/daily/dry-cleaners-steamed-up-over-premium-hikeshttps://www.insurancenews.com.au/daily/dry-cleaners-steamed-up-over-premium-hikes<p>Dry-cleaners say rising premiums are causing &ldquo;huge stress&rdquo; and insurers view their industry as high-risk without considering individual business differences...</p>Wed, 04 Mar 2026 05:18:05 GMTZurich, Honey team up on pet insurancehttps://www.insurancenews.com.au/daily/zurich-honey-team-up-on-pet-insurancehttps://www.insurancenews.com.au/daily/zurich-honey-team-up-on-pet-insurance<p>Zurich and Honey Insurance have partnered to launch a pet cover product under the Virgin Money brand...</p>Wed, 04 Mar 2026 05:17:41 GMTCar thieves’ ‘accident’ still covered despite key mistakehttps://www.insurancenews.com.au/daily/car-thieves-accident-still-covered-despite-key-mistakehttps://www.insurancenews.com.au/daily/car-thieves-accident-still-covered-despite-key-mistake<p>A motorist whose car was stolen and written off after his keys were left in his wife&rsquo;s nearby vehicle will receive a payout because the complaints authority says the loss can be considered accidental damage...</p>Wed, 04 Mar 2026 05:14:12 GMTINsight podcast: conflict throws travel into chaoshttps://www.insurancenews.com.au/daily/insight-podcast-conflict-throws-travel-into-chaoshttps://www.insurancenews.com.au/daily/insight-podcast-conflict-throws-travel-into-chaos<p>The Middle East conflict and the response of travel insurers is the main topic discussed on the latest edition of the Insurance News podcast...</p>Wed, 04 Mar 2026 05:10:03 GMTIran conflict a ‘significant event’ as industry steps up supporthttps://www.insurancenews.com.au/daily/iran-conflict-a-significant-event-as-industry-steps-up-supporthttps://www.insurancenews.com.au/daily/iran-conflict-a-significant-event-as-industry-steps-up-support<p>Travel insurers have deployed extra resources to help customers caught in the Middle East conflict zone, according to the Insurance Council of Australia, which has declared the US-Israeli war on Iran a significant event...</p>Tue, 03 Mar 2026 05:15:42 GMTUAC Leadership Academy launch a ‘powerful confirmation’https://www.insurancenews.com.au/daily/uac-leadership-academy-launch-a-powerful-confirmationhttps://www.insurancenews.com.au/daily/uac-leadership-academy-launch-a-powerful-confirmation<p>Module one of the first Underwriting Agencies Council Leadership Academy program began today with a 30-strong cohort taking part...</p>Tue, 03 Mar 2026 05:14:41 GMTLockton opens major corporate accounts operationhttps://www.insurancenews.com.au/daily/lockton-opens-major-corporate-accounts-operationhttps://www.insurancenews.com.au/daily/lockton-opens-major-corporate-accounts-operation<p>Lockton has recruited former Aon account director Alex Tilden to head its new major accounts practice...</p>Tue, 03 Mar 2026 05:14:17 GMTDamage claim scratched out after echidna wreaks havochttps://www.insurancenews.com.au/daily/damage-claim-scratched-out-after-echidna-wreaks-havochttps://www.insurancenews.com.au/daily/damage-claim-scratched-out-after-echidna-wreaks-havoc<p>A strata property&rsquo;s owners have been denied a payout for damage caused by an intruding echidna after the financial services ombudsman accepted their policy excluded the loss...</p>Tue, 03 Mar 2026 05:13:12 GMTHousehold line slumps to $1 billion underwriting losshttps://www.insurancenews.com.au/daily/household-line-slumps-to-1-billion-underwriting-losshttps://www.insurancenews.com.au/daily/household-line-slumps-to-1-billion-underwriting-loss<p>The householders insurance line made an underwriting loss of $1.077 billion in the December quarter, according to Australian Prudential Regulation Authority data released today...</p>Fri, 27 Feb 2026 05:29:16 GMTABC pleads case for breaking into legal markethttps://www.insurancenews.com.au/daily/abc-pleads-case-for-breaking-into-legal-markethttps://www.insurancenews.com.au/daily/abc-pleads-case-for-breaking-into-legal-market<p>ABC Insurance has fired off a strongly worded letter as it continues its battle to enter the NSW lawyers&rsquo; professional indemnity market, challenging the monopoly held by Law Society-owned Lawcover...</p>Fri, 27 Feb 2026 05:29:08 GMTInsurance News conference: AUB’s Emmett joins CEO panelhttps://www.insurancenews.com.au/daily/insurance-news-conference-aub-s-emmett-joins-ceo-panelhttps://www.insurancenews.com.au/daily/insurance-news-conference-aub-s-emmett-joins-ceo-panel<p>AUB Group CEO Mike Emmett will take part in a &ldquo;power panel&rdquo; to close out the upcoming Insurance News conference in Sydney...</p>Fri, 27 Feb 2026 05:20:08 GMTOmbudsman backs pet-sitter in a dogfight over ownershiphttps://www.insurancenews.com.au/daily/ombudsman-backs-pet-sitter-in-a-dogfight-over-ownershiphttps://www.insurancenews.com.au/daily/ombudsman-backs-pet-sitter-in-a-dogfight-over-ownership<p>A home policyholder who faces legal costs over a dog attack will receive a payout after the complaints authority accepted she had temporary ownership of the pet, which belonged to her mother-in-law...</p>Fri, 27 Feb 2026 05:17:27 GMT