insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-au‘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 GMTBroker strata commission ban may create barrier to advice: NIBAhttps://www.insurancenews.com.au/daily/strata-commission-ban-may-create-barrier-to-advice-nibahttps://www.insurancenews.com.au/daily/strata-commission-ban-may-create-barrier-to-advice-niba<p>The National Insurance Brokers Association has raised &ldquo;serious concerns&rdquo; over an inquiry recommendation to restrict NSW &ldquo;supplier intermediaries&rdquo; from accepting commissions for strata-related work...</p>Wed, 25 Mar 2026 05:33:23 GMTICA outlines budget hopes, but warns government is ‘under pressure’https://www.insurancenews.com.au/daily/ica-outlines-budget-hopes-but-warns-government-is-under-pressurehttps://www.insurancenews.com.au/daily/ica-outlines-budget-hopes-but-warns-government-is-under-pressure<p>Insurance Council of Australia CEO Andrew Hall says he wants Disaster Ready Fund reform and progress on a short-term scheme to help tackle affordability issues in home insurance...</p>Wed, 25 Mar 2026 05:32:53 GMTNarelle re-formed and ready to rock WA coasthttps://www.insurancenews.com.au/daily/narelle-re-formed-and-ready-to-rock-wa-coasthttps://www.insurancenews.com.au/daily/narelle-re-formed-and-ready-to-rock-wa-coast<p>Cyclone warnings have been issued in WA from Bidyadanga south of Broome through to Port Hedland, Karratha, Onslow and Exmouth, as category 2 storm Narelle moves southwest off the state...</p>Wed, 25 Mar 2026 05:29:36 GMTClaimant wins uphill battle over engine failurehttps://www.insurancenews.com.au/daily/claimant-wins-uphill-battle-over-engine-failurehttps://www.insurancenews.com.au/daily/claimant-wins-uphill-battle-over-engine-failure<p>A motorist whose engine needed replacing after a hose burst has won a claim dispute with his insurer, which put the loss down to wear and tear...</p>Wed, 25 Mar 2026 05:29:23 GMTConsumer advocates back proposed strata commissions banhttps://www.insurancenews.com.au/daily/consumer-advocates-back-proposed-strata-commissions-banhttps://www.insurancenews.com.au/daily/consumer-advocates-back-proposed-strata-commissions-ban<p>Consumer groups have welcomed NSW inquiry recommendations that would prohibit commission payments for strata managers and insurance brokers providing services to the sector...</p>Tue, 24 Mar 2026 05:22:09 GMTClimate model shows 1m homes could lose cover by 2050https://www.insurancenews.com.au/daily/climate-model-shows-1m-homes-could-lose-cover-by-2050https://www.insurancenews.com.au/daily/climate-model-shows-1m-homes-could-lose-cover-by-2050<p>More Australian households may be forced to go without home cover or underinsure as premiums rise amid worsening climate change, a prudential test has found...</p>Tue, 24 Mar 2026 05:22:00 GMTAon recruits local cyber leadhttps://www.insurancenews.com.au/daily/aon-recruits-local-cyber-leadhttps://www.insurancenews.com.au/daily/aon-recruits-local-cyber-lead<p>Aon Australia CEO Kevan Johnston says Quinton Kotze will join the broker in May as Australian cyber solutions head...</p>Tue, 24 Mar 2026 05:21:52 GMTTrust in technology: sign up for free webinarhttps://www.insurancenews.com.au/daily/trust-in-technology-sign-up-for-free-webinarhttps://www.insurancenews.com.au/daily/trust-in-technology-sign-up-for-free-webinar<p>Technology&rsquo;s potential to smooth the pathway for consumers making insurance &ldquo;grudge purchases&rdquo; and support empathetic claims handling will be discussed at a webinar on Thursday...</p>Tue, 24 Mar 2026 05:21:45 GMTNT braces for Narelle as ‘severe’ cyclone hits Queenslandhttps://www.insurancenews.com.au/daily/nt-braces-for-narelle-as-severe-cyclone-hits-queenslandhttps://www.insurancenews.com.au/daily/nt-braces-for-narelle-as-severe-cyclone-hits-queensland<p>Strong wind and heavy rain battered Far North Queensland after Cyclone Narelle made landfall about 7am today as a category 4 storm...</p>Fri, 20 Mar 2026 05:18:48 GMTStorms, fires and floods take lion’s share of cat losseshttps://www.insurancenews.com.au/daily/storms-fires-and-floods-take-lion-s-share-of-cat-losseshttps://www.insurancenews.com.au/daily/storms-fires-and-floods-take-lion-s-share-of-cat-losses<p>Secondary perils such as severe convective storms and floods are worsening in Australia and worldwide, according to Swiss Re...</p>Fri, 20 Mar 2026 05:18:40 GMTElectric car queries surge as war drives fuel fearshttps://www.insurancenews.com.au/daily/electric-car-queries-surge-as-war-drives-fuel-fearshttps://www.insurancenews.com.au/daily/electric-car-queries-surge-as-war-drives-fuel-fears<p>Fuel price rises are pushing more motorists to switch to electric vehicles, according to NRMA Insurance...</p>Fri, 20 Mar 2026 05:18:16 GMTHolidaymaker couldn’t travel without missing drugs: AFCAhttps://www.insurancenews.com.au/daily/holidaymaker-couldn-t-travel-without-missing-drugs-afcahttps://www.insurancenews.com.au/daily/holidaymaker-couldn-t-travel-without-missing-drugs-afca<p>An elderly traveller whose holiday plans were interrupted when a baggage mix-up left him without essential medication and clothing will receive a further payout from his insurer...</p>Fri, 20 Mar 2026 05:18:10 GMT