insuranceNEWS.com.au - Daily

IAG agrees to Greensill dispute settlement

Fri, 25 Sep 2026 06:14:19 GMT

IAG has settled a dispute with Credit Suisse related to the collapse of Greensill that involved claimed amounts of about $2.8 billion plus interest...

Lying truck driver told to return workers’ comp cash

Fri, 25 Sep 2026 06:14:12 GMT

A Victorian truck driver has been ordered to return more than $200,000 he took from the state’s workers’ compensation scheme while working...

Katherine levee to boost flood protection

Fri, 25 Sep 2026 06:08:43 GMT

The NT government says it’s providing funding for a Katherine South levee that will protect an additional 210 homes and businesses, following devastating flooding earlier this year...

Jeep crash claim was fraud: AFCA

Fri, 25 Sep 2026 05:22:15 GMT

An insurer was entitled to reject a car crash claim as fraudulent as a Jeep was covered for far more than it was worth and forensic evidence contradicted the policyholder’s account of events, the industry ombudsman has ruled...

Suncorp flags resilience concerns over homes push

Thu, 24 Sep 2026 06:22:45 GMT

The drive to build more homes as a way to address housing affordability challenges could have drawbacks, Suncorp CEO Steve Johnston cautions, as he advocates for a long-term national resilience plan...

ICA-led delegation heads to US, Europe

Thu, 24 Sep 2026 06:19:32 GMT

Politicians, government officials and insurance industry leaders will next week depart for Washington DC, New York, Zurich and London to examine how a new set of risks is reshaping the market and driving policy challenges globally...

Govt department fined over child’s Questacon burns

Thu, 24 Sep 2026 06:15:17 GMT

A federal government department has been convicted and fined $140,000 after a child visiting the Questacon science and technology centre in Canberra was seriously injured when their hands caught fire...

Strata storm claim turns toxic

Thu, 24 Sep 2026 06:05:08 GMT

A strata insurer failed to carry out mould remediation in accordance with accepted standards, leaving a property contaminated and its vulnerable occupants without temporary accommodation for more than a year after storm damage, the industry ombudsman has found...

Broker pathways changing as expectations rise

Wed, 23 Sep 2026 06:03:38 GMT

Insurance broking is transitioning from an informal, experience-driven occupation to a more structured and professional career, driven by generational shifts in education, evolving skill requirements, and the need for clearer entry pathways, a new report says...

DXC names innovative insurance tech startups

Wed, 23 Sep 2026 05:55:45 GMT

DXC has announced the winners of its annual awards recognising innovative late-stage insurance technology firms in Australia and New Zealand...

Luxury jewellery theft claim rings hollow, says AFCA

Wed, 23 Sep 2026 05:22:22 GMT

A beauty salon owner and serial claimant who said $200,000 worth of jewellery and other possessions had been stolen from her car has failed to convince the industry ombudsman that the luxury items were in the vehicle...

INsight podcast: comparators under pressure

Wed, 23 Sep 2026 04:54:42 GMT

The corporate regulator's latest court action against an insurance comparison service is one of the main items discussed on the Insurance News podcast...

Court backs AIG over double cover dispute

Tue, 22 Sep 2026 06:24:48 GMT

The Federal Court has found AIG doesn’t need to contribute to Allianz claim payouts made after a building site gate fell on a traffic controller, causing physical and psychiatric injuries...

Aon champions Australia-developed flood assessment tool

Tue, 22 Sep 2026 06:16:11 GMT

Broker Aon says a new flood evaluation tool is potentially “transformational” in helping the industry address rising premiums linked to inundation risk...

Final Dive In Festival under way

Tue, 22 Sep 2026 06:10:48 GMT

Thousands of insurance professionals from across the world are coming together as this year’s AI-focused Dive In Festival begins today...

Traveller wins dispute over root cause of dental work

Tue, 22 Sep 2026 06:06:57 GMT

A travel insurer has been ordered to pay an overseas dental claim after the industry ombudsman found the insurer’s own medical expert had disputed the basis for denial...

‘Nothing improper about commissions’: brokers speak up on code debate

Fri, 18 Sep 2026 05:58:32 GMT

Brokers have rebutted criticism of commission disclosure practices, arguing that clients will not benefit from expanded obligations...

IAG to ditch KPMG as auditor

Fri, 18 Sep 2026 05:58:27 GMT

IAG will run a competitive tender to select an auditor to replace KPMG, which has provided the service for the insurer since its Australian Securities Exchange listing...

Envest appoints Toni Ferrier to lead NZ broking

Fri, 18 Sep 2026 05:57:31 GMT

Envest has appointed former Marsh executive Toni Ferrier as head of its New Zealand broking business as it pursues expansion in the market...

'Claim only accepted after going to AFCA', says complainant

Fri, 18 Sep 2026 02:57:45 GMT

An insurer reversed its decision to deny a flood-damage motor claim – and retracted fraud allegations – shortly after the policyholder took the dispute to the Australian Financial Complaints Authority and without any new information or explanation...