insuranceNEWS.com.au - Daily

ASIC ‘ignored warning signs’ at collapsed AR network

Fri, 11 Sep 2026 05:37:33 GMT

Concerns about collapsed authorised representative network Sphere Insurance Group were first raised with the corporate regulator seven years ago, insuranceNEWS.com.au can reveal...

Data breach class action environment deteriorates

Fri, 11 Sep 2026 05:37:27 GMT

A "perfect storm" of factors has worsened the outlook for data breach-related class actions after a recent lull, lawyers told the Australian Professional Indemnity Group conference...

From response to resilience: hundreds attend Claims Convention

Fri, 11 Sep 2026 05:18:06 GMT

About 300 industry professionals attended the annual Claims Convention in Sydney to hear how the sector must evolve to become a resilience partner for clients...

Last chance to sign up for AR webinar

Fri, 11 Sep 2026 04:46:17 GMT

The impact of technology and artificial intelligence on the authorised representative sector will be one of the key issues discussed at a free Insurance News webinar next week...

Driver charged over crash that killed broking leader

Thu, 10 Sep 2026 05:59:16 GMT

US authorities have charged the 87-year-old driver who allegedly ran a red light at an intersection in Nashville, killing Australian broking leader Tim Wedlock and injuring three others...

Victoria tops nation for home burglary and car theft: ICA

Thu, 10 Sep 2026 05:59:09 GMT

Victoria’s next government must establish stronger information sharing arrangements between police, government and insurers to stem the explosion of property and vehicle theft, says the Insurance Council of Australia...

Take the Insurance News survey to support R U OK? Day

Thu, 10 Sep 2026 05:58:48 GMT

Almost 700 Insurance News readers have supported mental health group R U OK? by completing our 2026 Wellbeing Survey...

Insurer entitled to select 'three-star' builder for home repairs

Thu, 10 Sep 2026 03:45:53 GMT

Policyholders who rejected an insurer’s preferred builder after reading online reviews have lost their bid for a cash settlement for home repairs...

Liquidator takes legal action over Sphere conduct concerns

Wed, 09 Sep 2026 06:17:02 GMT

Sphere Insurance Group’s liquidator has started court action over alleged breaches of director duties and other matters arising from trust and general account transactions...

Bellrock moves for Lockton's Farquharson

Wed, 09 Sep 2026 06:03:15 GMT

Andrew Farquharson has left Lockton to join Bellrock Advisory as practice leader, with responsibility for leading development of the firm’s markets function...

Ombudsman hoses down pressure-washed roof claim

Wed, 09 Sep 2026 04:54:33 GMT

A homeowner seeking a new metal roof, insulation and wiring after a contractor pressure-cleaned the property has lost a claim dispute...

INsight podcast: reinsurance issues in focus

Wed, 09 Sep 2026 02:54:06 GMT

Reinsurance trends are the main focus on the latest episode of the Insurance News podcast, as the industry wraps up its annual gathering in Monte Carlo...

Broker code committee, AFCA sound commissions alarm with MPs

Tue, 08 Sep 2026 06:30:59 GMT

The Insurance Brokers Code Compliance Committee and dispute ombudsman have written to the parliamentary inquiry into small business insurance to flag concerns over remuneration disclosure requirements in the new draft code...

Construction costs add to case for ESL reform, inquiry hears

Tue, 08 Sep 2026 06:30:53 GMT

Building cost inflation is raising the stakes for the removal of the emergency services levy on premiums, the Insurance Council of Australia told a NSW parliamentary inquiry today...

Choosi misled users over policy comparisons, court finds

Tue, 08 Sep 2026 06:30:36 GMT

Choosi has been found guilty of misleading consumers about its life and funeral insurance comparison service, in proceedings launched last year by the corporate regulator...

Insurer in the right on rusty roof ruling

Tue, 08 Sep 2026 04:51:00 GMT

The industry ombudsman has backed an insurer that denied a car damage claim after water entered through a rusted sunroof drain...

Lloyd’s makes gains but warns on rates as ‘risk signals flashing’

Fri, 04 Sep 2026 06:25:24 GMT

Lloyd’s has maintained its outlook after stronger first-half underwriting earnings, while CEO Patrick Tiernan has warned of eroding rate adequacy and the need for discipline...

Conference dives deep into industry compliance issues

Fri, 04 Sep 2026 06:25:14 GMT

About 200 senior insurance, risk and legal professionals gathered in Sydney yesterday to discuss regulation, compliance and running businesses amid growing uncertainty...

Private equity firm buys into builder Ambrose

Fri, 04 Sep 2026 06:20:34 GMT

European private equity firm CVC Capital Partners has acquired a controlling stake in insurance-focused building repairer Ambrose Construct Group...

Insurer caused ‘major stress’ after firebomb mayhem

Fri, 04 Sep 2026 06:18:53 GMT

A beauty salon owner whose trade was affected by repeat firebombings in his street has successfully challenged his business interruption payout...