insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auICA slams disruption, rising risk under home loan schemehttps://www.insurancenews.com.au/daily/ica-slams-disruption-rising-risk-under-home-loan-schemehttps://www.insurancenews.com.au/daily/ica-slams-disruption-rising-risk-under-home-loan-scheme<p>The expanded first home buyer loan guarantee scheme has failed to achieve its goals, the Insurance Council of Australia says...</p>Fri, 17 Jul 2026 06:33:56 GMTMelbourne duo take regional broker awardshttps://www.insurancenews.com.au/daily/melbourne-duo-take-regional-broker-awardshttps://www.insurancenews.com.au/daily/melbourne-duo-take-regional-broker-awards<p>Gallagher&rsquo;s Jodi Sharman was crowned broker of the year for Victoria/Tasmania at a gala lunch in Melbourne attended by 540 professionals today...</p>Fri, 17 Jul 2026 06:32:36 GMTNZ insurer ‘puts things right’ after billing mistakeshttps://www.insurancenews.com.au/daily/nz-insurer-puts-things-right-after-billing-mistakeshttps://www.insurancenews.com.au/daily/nz-insurer-puts-things-right-after-billing-mistakes<p>New Zealand&rsquo;s AA Insurance says it made errors when billing some customers and it has refunded those it overcharged...</p>Fri, 17 Jul 2026 06:32:15 GMTIn sickness and in health: AFCA rules on newlyweds’ disrupted dayhttps://www.insurancenews.com.au/daily/in-sickness-and-in-health-afca-rules-on-newlyweds-disrupted-dayhttps://www.insurancenews.com.au/daily/in-sickness-and-in-health-afca-rules-on-newlyweds-disrupted-day<p>A wedding day gone awry was the focus of an Australian Financial Complaints Authority hearing as newlyweds tried to claw back more money under their insurance policy...</p>Fri, 17 Jul 2026 06:31:00 GMT‘Mud is gone’ but Taree still exposed, roundtable hearshttps://www.insurancenews.com.au/daily/mud-is-gone-but-taree-still-exposed-roundtable-hearshttps://www.insurancenews.com.au/daily/mud-is-gone-but-taree-still-exposed-roundtable-hears<p>Insurance Council CEO Andrew Hall has co-hosted a roundtable in Taree, bringing together business and council leaders after May 2025 floods led to more than 14,000 claims and nearly $283 million in claim payments...</p>Thu, 16 Jul 2026 06:29:45 GMTSA workers’ comp scheme seeks new claims managershttps://www.insurancenews.com.au/daily/sa-workers-comp-scheme-seeks-new-claims-managershttps://www.insurancenews.com.au/daily/sa-workers-comp-scheme-seeks-new-claims-managers<p>ReturnToWorkSA has launched a tender for workers&rsquo; compensation claims management groups to start handling caseloads from July 1 next year...</p>Thu, 16 Jul 2026 06:28:18 GMTLockton taps ‘incredibly dynamic market’ with NZ expansionhttps://www.insurancenews.com.au/daily/lockton-taps-incredibly-dynamic-market-with-nz-expansionhttps://www.insurancenews.com.au/daily/lockton-taps-incredibly-dynamic-market-with-nz-expansion<p>Lockton has expanded in New Zealand with the opening of an office in Queenstown...</p>Thu, 16 Jul 2026 06:27:42 GMTTravel insurer told to cover cruise voucher valuehttps://www.insurancenews.com.au/daily/travel-insurer-told-to-cover-cruise-voucher-valuehttps://www.insurancenews.com.au/daily/travel-insurer-told-to-cover-cruise-voucher-value<p>Unlucky travellers who missed two cruise ship departures due to mechanical issues and then a broken bone have won a claim dispute with their insurer...</p>Thu, 16 Jul 2026 06:27:23 GMTEx-NIBA president to manage AUB broking partnershttps://www.insurancenews.com.au/daily/ex-niba-president-to-manage-aub-broking-partnershttps://www.insurancenews.com.au/daily/ex-niba-president-to-manage-aub-broking-partners<p>Eric Harris has been appointed national manager of broker partnerships at AUB Group...</p>Wed, 15 Jul 2026 06:10:11 GMTAon doubles up as Queensland crowns top brokershttps://www.insurancenews.com.au/daily/aon-doubles-up-as-queensland-crowns-top-brokershttps://www.insurancenews.com.au/daily/aon-doubles-up-as-queensland-crowns-top-brokers<p>Two Aon managers have been crowned broker and young broker of the year for Queensland...</p>Wed, 15 Jul 2026 06:07:17 GMTAFCA backs insurer after flood payout fuels family feudhttps://www.insurancenews.com.au/daily/afca-backs-insurer-after-flood-payout-fuels-family-feudhttps://www.insurancenews.com.au/daily/afca-backs-insurer-after-flood-payout-fuels-family-feud<p>An estate executor has lost a dispute with IAG after his brother made off with a $373,000 cash settlement for flood damage to their late father&rsquo;s home...</p>Wed, 15 Jul 2026 06:04:41 GMTINsight podcast: broker remuneration row resurfaceshttps://www.insurancenews.com.au/daily/insight-podcast-broker-remuneration-row-resurfaceshttps://www.insurancenews.com.au/daily/insight-podcast-broker-remuneration-row-resurfaces<p>The National Insurance Brokers Assocation U-turn on remuneration disclosure requirements for small businesses is one of the main subjects discussed on the latest Insurance News podcast...</p>Wed, 15 Jul 2026 05:52:05 GMTKKR joins US partners’ buyout bid for Steadfasthttps://www.insurancenews.com.au/daily/kkr-joins-us-partners-buyout-bid-for-steadfasthttps://www.insurancenews.com.au/daily/kkr-joins-us-partners-buyout-bid-for-steadfast<p>Private equity giant Kohlberg Kravis Roberts has joined the consortium trying to acquire Steadfast for $7.7 billion...</p>Tue, 14 Jul 2026 06:21:43 GMTRogue broker jailed as new crime uncoveredhttps://www.insurancenews.com.au/daily/rogue-broker-jailed-as-new-crime-uncoveredhttps://www.insurancenews.com.au/daily/rogue-broker-jailed-as-new-crime-uncovered<p>A former SA insurance broker&rsquo;s suspended three-year prison sentence, imposed in 2013, has been activated after further offending...</p>Tue, 14 Jul 2026 06:16:47 GMTDive In opens registrations for one last ‘defining conversation’https://www.insurancenews.com.au/daily/dive-in-opens-registrations-for-one-last-defining-conversationhttps://www.insurancenews.com.au/daily/dive-in-opens-registrations-for-one-last-defining-conversation<p>Registration is open for the final installment of Dive In, taking place from September 22-24 with the theme &ldquo;the human gAIn: powering culture and connection&rdquo;...</p>Tue, 14 Jul 2026 06:16:21 GMTMental trauma not a ‘bodily injury’, ombudsman ruleshttps://www.insurancenews.com.au/daily/mental-trauma-not-a-bodily-injury-ombudsman-ruleshttps://www.insurancenews.com.au/daily/mental-trauma-not-a-bodily-injury-ombudsman-rules<p>A ride-share driver who was spat on and verbally abused by a passenger has lost his bid for a payout under a personal accident policy, because he was not physically harmed in the incident...</p>Tue, 14 Jul 2026 06:14:48 GMTIAG makes RAC ‘remedy offer’ to sweeten deal for regulatorhttps://www.insurancenews.com.au/daily/iag-makes-rac-remedy-offer-in-bid-to-sweeten-deal-for-regulatorhttps://www.insurancenews.com.au/daily/iag-makes-rac-remedy-offer-in-bid-to-sweeten-deal-for-regulator<p>IAG has tabled a series of &ldquo;remedy&rdquo; actions it would take to ease the competition watchdog&rsquo;s concerns over its planned $1.35 billion purchase of WA&rsquo;s RAC Insurance...</p>Fri, 10 Jul 2026 06:00:40 GMTAIG appoints interim CEOhttps://www.insurancenews.com.au/daily/aig-appoints-interim-ceohttps://www.insurancenews.com.au/daily/aig-appoints-interim-ceo<p>AIG Australia has named Claudio Saita interim CEO as it continues the hunt for a permanent replacement for former local chief Kat Warden...</p>Fri, 10 Jul 2026 06:00:32 GMTNIBA names award-winning WA brokershttps://www.insurancenews.com.au/daily/niba-names-award-winning-wa-brokershttps://www.insurancenews.com.au/daily/niba-names-award-winning-wa-brokers<p>KBI director Brooke Tarr has been named WA broker of the year and Howden&rsquo;s Isabella Moran has won the state award for best young broker...</p>Fri, 10 Jul 2026 06:00:26 GMTSecond time unlucky for customer who crashed hire carhttps://www.insurancenews.com.au/daily/second-time-unlucky-for-customer-who-crashed-hire-vehiclehttps://www.insurancenews.com.au/daily/second-time-unlucky-for-customer-who-crashed-hire-vehicle<p>An insurer that arranged a hire car after accepting a policyholder&rsquo;s collision claim does not have to pay for damage to the rented vehicle in a second accident, the industry ombudsman has ruled...</p>Fri, 10 Jul 2026 06:00:15 GMT