insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auTrump tariffs add to pressure on industryhttps://www.insurancenews.com.au/daily/trump-tariffs-add-to-pressure-on-industryhttps://www.insurancenews.com.au/daily/trump-tariffs-add-to-pressure-on-industry<p>Property and casualty premium growth in Australia and globally is moderating as rate rises slow, according to Swiss Re&rsquo;s latest Sigma report...</p>Thu, 10 Jul 2025 05:26:22 GMTANZIIF reveals awards finalistshttps://www.insurancenews.com.au/daily/anziif-reveals-awards-finalistshttps://www.insurancenews.com.au/daily/anziif-reveals-awards-finalists<p>The Australian and New Zealand Institute of Insurance and Finance has announced the finalists for this year&rsquo;s industry awards...</p>Thu, 10 Jul 2025 05:25:01 GMTDual promotes managers in drive towards billion-dollar goalhttps://www.insurancenews.com.au/daily/dual-promotes-managers-in-drive-towards-billion-dollar-goalhttps://www.insurancenews.com.au/daily/dual-promotes-managers-in-drive-towards-billion-dollar-goal<p>Michael Ussher has been promoted to MD at Dual Australia, while Paula Sheppard-Jones has taken the New Zealand MD role...</p>Thu, 10 Jul 2025 05:06:01 GMTTrailer owner ‘not reckless or indifferent’ to theft riskhttps://www.insurancenews.com.au/daily/trailer-owner-not-reckless-or-indifferent-to-theft-riskhttps://www.insurancenews.com.au/daily/trailer-owner-not-reckless-or-indifferent-to-theft-risk<p>A trailer theft victim has won a payout after the dispute authority found he took reasonable steps to protect his property...</p>Thu, 10 Jul 2025 04:50:45 GMTCode watchdog targets pricing, complaints handlinghttps://www.insurancenews.com.au/daily/code-watchdog-targets-pricing-complaints-handlinghttps://www.insurancenews.com.au/daily/code-watchdog-targets-pricing-complaints-handling<p>Compliance with rules on pricing transparency, complaints handling and vulnerable customers are &ldquo;main priorities&rdquo; for the industry&rsquo;s code of conduct monitor this financial year...</p>Wed, 09 Jul 2025 05:32:13 GMTBrokers from Wagga Wagga, Sydney win NIBA awardshttps://www.insurancenews.com.au/daily/brokers-from-wagga-wagga-sydney-win-niba-awardshttps://www.insurancenews.com.au/daily/brokers-from-wagga-wagga-sydney-win-niba-awards<p>The National Insurance Brokers Association today named its award winners for the NSW and ACT region at a gala lunch in Sydney attended by more than 500 professionals...</p>Wed, 09 Jul 2025 05:03:55 GMTAFCA sides with car insurer on ‘three strikes’ rulehttps://www.insurancenews.com.au/daily/afca-sides-with-car-insurer-on-three-strikes-rulehttps://www.insurancenews.com.au/daily/afca-sides-with-car-insurer-on-three-strikes-rule<p>The financial services ombudsman has backed IAG&rsquo;s decision not to renew a motor policy because a customer&rsquo;s claims history is unacceptable according to its underwriting guidelines...</p>Wed, 09 Jul 2025 04:33:31 GMTINsight podcast: the Liberals’ latest election bombshellhttps://www.insurancenews.com.au/daily/insight-podcast-the-liberals-latest-election-bombshellhttps://www.insurancenews.com.au/daily/insight-podcast-the-liberals-latest-election-bombshell<p>The Tasmanian Liberals&rsquo; promise to create a government-owned general insurer if re-elected is the main topic discussed on the latest Insurance News podcast...</p>Wed, 09 Jul 2025 04:30:32 GMTNIBA names annual award contendershttps://www.insurancenews.com.au/daily/niba-names-annual-award-contendershttps://www.insurancenews.com.au/daily/niba-names-annual-award-contenders<p>The National Insurance Brokers Association has revealed the 28 finalists in its awards program for this year...</p>Tue, 08 Jul 2025 05:23:03 GMTHowden buys NZ brokerhttps://www.insurancenews.com.au/daily/howden-buys-nz-brokerhttps://www.insurancenews.com.au/daily/howden-buys-nz-broker<p>Howden has acquired Christchurch broker Sherpa, further expanding its presence in New Zealand...</p>Tue, 08 Jul 2025 05:20:57 GMTASIC seeks to overturn court’s ‘fair term’ decisionhttps://www.insurancenews.com.au/daily/asic-seeks-to-overturn-court-s-fair-term-decisionhttps://www.insurancenews.com.au/daily/asic-seeks-to-overturn-court-s-fair-term-decision<p>The corporate regulator is challenging a Federal Court ruling that a &ldquo;pre-existing condition&rdquo; wording in some HCF Life products did not breach unfair contract term laws...</p>Tue, 08 Jul 2025 05:00:42 GMTAuthority backs claimant in shower rowhttps://www.insurancenews.com.au/daily/authority-backs-claimant-in-shower-rowhttps://www.insurancenews.com.au/daily/authority-backs-claimant-in-shower-row<p>A homeowner has won a water damage payout after the dispute authority agreed the problem was caused by a shower pipe leak...</p>Tue, 08 Jul 2025 04:58:44 GMTCover note leaves insurer on hook for building damagehttps://www.insurancenews.com.au/daily/cover-note-leaves-insurer-on-hook-for-building-damagehttps://www.insurancenews.com.au/daily/cover-note-leaves-insurer-on-hook-for-building-damage<p>IAG must accept a claim for fire damage at a green waste facility after the ombudsman rejected the insurer&rsquo;s defence that the risk fell outside its underwriting guidelines...</p>Fri, 04 Jul 2025 06:15:32 GMTLawsuit accuses AMP of charging ‘excessive premiums’https://www.insurancenews.com.au/daily/lawsuit-accuses-amp-of-charging-excessive-premiumshttps://www.insurancenews.com.au/daily/lawsuit-accuses-amp-of-charging-excessive-premiums<p>Shine Lawyers has begun a class action against AMP alleging the financial services group&rsquo;s superannuation members were &ldquo;unfairly charged excessive premiums&rdquo; across almost five years...</p>Fri, 04 Jul 2025 06:15:12 GMTStrata group unveils ‘clear, consistent’ ethics codehttps://www.insurancenews.com.au/daily/strata-group-unveils-clear-consistent-ethics-codehttps://www.insurancenews.com.au/daily/strata-group-unveils-clear-consistent-ethics-code<p>The Strata Community Association has launched a code of ethics for members in Australia and New Zealand...</p>Fri, 04 Jul 2025 06:14:45 GMTWA aims to strengthen sex abuse laws after priest rulinghttps://www.insurancenews.com.au/daily/wa-aims-to-strengthen-sex-abuse-laws-after-priest-rulinghttps://www.insurancenews.com.au/daily/wa-aims-to-strengthen-sex-abuse-laws-after-priest-ruling<p>The WA government is examining a &ldquo;dismaying&rdquo; High Court decision that the Catholic Church could not be held liable for child sex abuse by a priest under its supervision...</p>Fri, 04 Jul 2025 06:14:28 GMTTasmanian motor group attacks ‘unsustainable’ state insurer planhttps://www.insurancenews.com.au/daily/tasmanian-motor-group-attacks-unsustainable-state-insurer-planhttps://www.insurancenews.com.au/daily/tasmanian-motor-group-attacks-unsustainable-state-insurer-plan<p>RACT has cautioned against &ldquo;simplistic solutions to complex challenges&rdquo; after the state Liberals announced plans to establish a government general insurer...</p>Thu, 03 Jul 2025 05:38:13 GMTHoley unreasonable: council pays for strip triphttps://www.insurancenews.com.au/daily/holey-unreasonable-council-pays-for-strip-triphttps://www.insurancenews.com.au/daily/holey-unreasonable-council-pays-for-strip-trip<p>NSW District Court has awarded damages against a council after a man tripped in a hole on a nature strip...</p>Thu, 03 Jul 2025 05:37:45 GMTPark contamination scare not enough to trigger BI coverhttps://www.insurancenews.com.au/daily/park-contamination-scare-not-enough-to-trigger-bi-coverhttps://www.insurancenews.com.au/daily/park-contamination-scare-not-enough-to-trigger-bi-cover<p>A hospitality business&rsquo; losses will not be covered after the discovery of asbestos-contaminated mulch in a Sydney park caused the cancellation of a festival...</p>Thu, 03 Jul 2025 05:36:57 GMTInsurance News event to examine ‘critical’ build or buy questionhttps://www.insurancenews.com.au/daily/insurance-news-event-to-examine-critical-build-or-buy-questionhttps://www.insurancenews.com.au/daily/insurance-news-event-to-examine-critical-build-or-buy-question<p>This month&rsquo;s Insurance News Beyond the Buzzwords seminar will begin with an expert debate on whether it is better for insurers to build their own technology or buy from specialist insurtechs...</p>Thu, 03 Jul 2025 05:35:54 GMT