insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-au‘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 GMTIran war pushing up insurer costs, ICA warnshttps://www.insurancenews.com.au/daily/iran-war-pushing-up-insurer-costs-ica-warnshttps://www.insurancenews.com.au/daily/iran-war-pushing-up-insurer-costs-ica-warns<p>The Middle East conflict&rsquo;s impact on the industry supply chain is &ldquo;already evident&rdquo; as disruptions drive up costs, according to the Insurance Council of Australia...</p>Wed, 01 Apr 2026 05:20:57 GMTEurop Assistance wins licence to underwrite travel coverhttps://www.insurancenews.com.au/daily/europ-assistance-wins-licence-to-underwrite-travel-coverhttps://www.insurancenews.com.au/daily/europ-assistance-wins-licence-to-underwrite-travel-cover<p>Travel insurance provider Europ Assistance Australia has been given a licence to operate as a general insurer...</p>Wed, 01 Apr 2026 05:01:06 GMTDriver fails to close gap after financed car trashedhttps://www.insurancenews.com.au/daily/claimant-fails-to-close-gap-after-financed-car-trashedhttps://www.insurancenews.com.au/daily/claimant-fails-to-close-gap-after-financed-car-trashed<p>A claimant has failed to force her insurer to cover the gap between her car's market value and the amount she owed the finance company...</p>Wed, 01 Apr 2026 04:49:39 GMTINsight podcast: Cyclone Narelle's sting in the tailhttps://www.insurancenews.com.au/daily/insight-podcast-cyclone-narelles-sting-in-the-tailhttps://www.insurancenews.com.au/daily/insight-podcast-cyclone-narelles-sting-in-the-tail<p>The damaging conclusion to Cyclone Narelle's long journey across Australia is the first topic tackled on the latest Insurance News podcast...</p>Wed, 01 Apr 2026 04:31:00 GMTCyclone Narelle claims hit 1800 https://www.insurancenews.com.au/daily/cyclone-narelle-claims-hit-1800https://www.insurancenews.com.au/daily/cyclone-narelle-claims-hit-1800<p>Insurers have received about 1800 claims for damage caused by Tropical Cyclone Narelle, according to the Insurance Council of Australia...</p>Tue, 31 Mar 2026 05:36:22 GMTGallagher acquires Queensland broker with ‘niche expertise’https://www.insurancenews.com.au/daily/gallagher-acquires-queensland-broker-with-niche-expertisehttps://www.insurancenews.com.au/daily/gallagher-acquires-queensland-broker-with-niche-expertise<p>Global broking group Gallagher has bought Queensland-based International Insurance Brokers for an undisclosed amount...</p>Tue, 31 Mar 2026 05:11:27 GMTRegulator issues warning as CTP fraudster does jail timehttps://www.insurancenews.com.au/daily/regulator-issues-warning-as-ctp-fraudster-does-jail-timehttps://www.insurancenews.com.au/daily/regulator-issues-warning-as-ctp-fraudster-does-jail-time<p>A fraudster has for the first time served a jail sentence for wrongful receipt of insurance payments under the NSW compulsory third party scheme...</p>Tue, 31 Mar 2026 05:11:16 GMTAFCA backs property owner in flooding disputehttps://www.insurancenews.com.au/daily/afca-backs-property-owner-in-flooding-disputehttps://www.insurancenews.com.au/daily/afca-backs-property-owner-in-flooding-dispute<p>Youi will have to pay more than $115,765 to a homeowner for storm damage after he challenged its assessment that inadequate drainage systems allowed water to seep under his home...</p>Tue, 31 Mar 2026 04:37:16 GMT‘The most scary thing’: damage reported as Narelle moves into WAhttps://www.insurancenews.com.au/daily/the-most-scary-thing-damage-reported-as-narelle-moves-into-wahttps://www.insurancenews.com.au/daily/the-most-scary-thing-damage-reported-as-narelle-moves-into-wa<p>Widespread damage was reported in Exmouth and other towns in northwest WA as category 4 Cyclone Narelle tracked towards the coast this morning, packing winds of more than 250km/h...</p>Fri, 27 Mar 2026 05:30:00 GMTSuncorp chief takes medical leavehttps://www.insurancenews.com.au/daily/suncorp-chief-takes-medical-leavehttps://www.insurancenews.com.au/daily/suncorp-chief-takes-medical-leave<p>Suncorp CEO Steve Johnston will take a short period of leave as he recuperates from a medical procedure, the insurer says...</p>Fri, 27 Mar 2026 05:29:28 GMTNo payout after ‘desperate’ owner torched $10m homehttps://www.insurancenews.com.au/daily/no-payout-after-desperate-owner-torched-10m-homehttps://www.insurancenews.com.au/daily/no-payout-after-desperate-owner-torched-10m-home<p>Chubb has avoided paying out on a fire at a luxury home after a court found the owner deliberately sparked the blaze in a bid to pocket $10 million...</p>Fri, 27 Mar 2026 05:21:44 GMTInsurer accused of discrimination after pronoun errorhttps://www.insurancenews.com.au/daily/insurer-accused-of-discrimination-after-pronoun-errorhttps://www.insurancenews.com.au/daily/insurer-accused-of-discrimination-after-pronoun-error<p>A customer demanded compensation after his insurer misgendered him during a phone call...</p>Fri, 27 Mar 2026 05:20:42 GMTFlood woes prompt call for intervention on SME coveragehttps://www.insurancenews.com.au/daily/flood-woes-prompt-call-for-intervention-on-sme-coveragehttps://www.insurancenews.com.au/daily/flood-woes-prompt-call-for-intervention-on-sme-coverage<p>Small companies in regional Australia find flood insurance unaffordable, materially restricted and often effectively unavailable, and a risk-sharing arrangement is needed, a business leader has warned...</p>Thu, 26 Mar 2026 05:20:23 GMTStressed workers drive up mental injury claims: Allianzhttps://www.insurancenews.com.au/daily/stressed-workers-drive-up-mental-injury-claims-allianzhttps://www.insurancenews.com.au/daily/stressed-workers-drive-up-mental-injury-claims-allianz<p>Allianz workers&rsquo; compensation claims data shows the proportion of mental injury cases has increased, while employees surveyed by the insurer report losing sleep because of work stress...</p>Thu, 26 Mar 2026 05:08:08 GMTOmbudsman rejects ‘implausible’ fake crash allegationhttps://www.insurancenews.com.au/daily/ombudsman-rejects-implausible-fake-crash-allegationhttps://www.insurancenews.com.au/daily/ombudsman-rejects-implausible-fake-crash-allegation<p>A car owner who was accused of staging a crash will be covered for damage after the complaints authority accepted he was in a genuine accident...</p>Thu, 26 Mar 2026 05:04:25 GMTINsight podcast: strata report spells trouble for commissionshttps://www.insurancenews.com.au/daily/insight-podcast-strata-report-spells-trouble-for-commissionshttps://www.insurancenews.com.au/daily/insight-podcast-strata-report-spells-trouble-for-commissions<p>The NSW Productivity and Equality Commission report on strata commissions is one of the main items discussed on the latest episode of the Insurance News podcast...</p>Thu, 26 Mar 2026 04:37:38 GMT