insuranceNEWS.com.au - Daily

Steadfast shares rally as broker deals in focus

Fri, 05 Dec 2025 05:12:02 GMT

Steadfast shares continue to trade at a level that could make the company a takeover target, analysts say, after a newspaper report suggested a private equity firm is interested in a possible buyout...

IAG recruits North American exec for NZ leadership role

Fri, 05 Dec 2025 05:11:53 GMT

IAG has appointed Phillip Gibson as New Zealand CEO after announcing last month that Amanda Whiting will return to Australia...

Government re-examines add-on exemptions

Fri, 05 Dec 2025 04:54:28 GMT

Treasury is reviewing exemptions from add-on insurance rules introduced after the Hayne royal commission to prevent high-pressure sales tactics causing consumer harm...

Ombudsman finds holes in dentist covid claim

Fri, 05 Dec 2025 04:40:22 GMT

A dental business earning most of its profits by organising professional development events will have a covid-related claim paid – but only for losses relating to its Brisbane practice...

Liberty leadership revamp ‘drives underwriting excellence’

Thu, 04 Dec 2025 05:29:29 GMT

Liberty Specialty Markets has made changes to its Australian underwriting team as part of a broader Asia-Pacific leadership shake-up...

Tech tool aims to speed whiplash recovery

Thu, 04 Dec 2025 05:25:19 GMT

Allianz has embedded a whiplash care program in its compulsory third party case management process after finding it can help people recover faster...

Crime ‘seen as cost of doing business’ for farmers

Thu, 04 Dec 2025 05:21:27 GMT

About 90% of NSW farmers have experienced crime on their properties and 30% have been hit seven or more times, data shows...

Insurer penalised for refusing to give up call recordings

Thu, 04 Dec 2025 05:20:18 GMT

The financial services ombudsman has ordered Auto & General to pay $1500 compensation to a storm damage claimant for failing to respond to her requests for information...

Probe reveals failings in building insurance claims handling

Wed, 03 Dec 2025 05:07:58 GMT

Victoria’s domestic building insurance scheme “fell short” when handling complex claims, especially for homeowners whose properties had defects, an investigation has found...

Ombudsman staffs up for scam service launch

Wed, 03 Dec 2025 04:51:03 GMT

The Australian Financial Complaints Authority is seeking four senior executives as it develops the world’s first scams ombudsman service...

Driver hit with turbo charge as engine claim breaks down

Wed, 03 Dec 2025 04:38:46 GMT

A motorist who drove through floodwater has lost a dispute over engine damage after his car trouble was blamed on improper tuning by a mechanic...

INsight podcast: what next after AUB buyout talks fail?

Wed, 03 Dec 2025 03:54:38 GMT

The collapsed private equity bid to take over AUB Group is the main item discussed in the latest episode of the Insurance News podcast...

‘It will be refined’: insurers respond to non-binary pricing row

Tue, 02 Dec 2025 05:10:34 GMT

Motor insurers that have introduced an option for customers to identify as non-binary say pricing will be adjusted as evidence is gathered, after mainstream media questioned the logic of current discounts...

AI to slash workforces as talent fears grow, exec survey finds

Tue, 02 Dec 2025 05:09:50 GMT

A survey of insurance leaders has found wide agreement that artificial intelligence will lead to staff headcounts being cut substantially in coming years...

La Nina is here again, but maybe not for long

Tue, 02 Dec 2025 05:09:35 GMT

Climate indicators show a La Nina system has emerged, according to the Bureau of Meteorology...

Insurer ordered to look again at church’s holey roof

Tue, 02 Dec 2025 05:08:46 GMT

Ansvar has lost a dispute over whether about $200,000 of hail damage to a church happened in 2012 or just two years ago...

Industry results ‘continue momentum’ in first quarter

Fri, 28 Nov 2025 05:32:27 GMT

General insurers started the financial year on a strong note, making a profit after income tax of nearly $2.27 billion from continuing operations in the September quarter...

Digital, political risks to fore in ‘banana skin’ charts

Fri, 28 Nov 2025 05:32:19 GMT

Cybercrime remains the top risk for Australian insurers, while technology, artificial intelligence and political risk have jumped up the rankings, a biennial PwC survey shows...

Suncorp, Marsh among winners in NZ awards

Fri, 28 Nov 2025 05:23:24 GMT

The New Zealand insurance industry named the winners in its annual excellence awards program last night in Auckland...

No travel policy payout for US attack victim

Fri, 28 Nov 2025 05:20:34 GMT

An Australian exchange student who was assaulted while in the US has lost his bid for a travel cover payout because his medical costs were covered by an American health insurer...