insuranceNEWS.com.au - Daily

‘Consistency is key’: ICA backs Victoria’s property flood risk reform

Fri, 23 Oct 2026 05:16:48 GMT

The Insurance Council of Australia says Victorian planning reforms will make it less likely that homes are built in places known to flood and can help improve cover affordability...

Regulator urged to consult on code before approval call

Fri, 23 Oct 2026 05:16:16 GMT

The Australian Securities and Investments Commission should seek further feedback on the new insurance code of practice, as the version submitted for approval falls short in key areas, consumer groups say...

Steadfast takeover moves to shareholder vote

Fri, 23 Oct 2026 05:15:12 GMT

Steadfast shareholders will vote next month on a private equity consortium’s $7.7 billion buyout bid for Australia’s largest general insurance intermediary...

Flawed consultations ‘endemic in government’

Fri, 23 Oct 2026 05:11:48 GMT

The Insurance Council of Australia has joined other peak bodies to attack the federal government’s “inadequate” consultations on complex legislative and regulatory reforms...

Insurer’s car repair quotes a low blow, ombudsman says

Fri, 23 Oct 2026 05:10:07 GMT

An insurer has been told to pay almost $28,000 to a car owner after failing to prove her repairer’s quote was excessive...

‘Patch frenzy’: PHP web security panic may bring BI claims

Thu, 22 Oct 2026 05:23:10 GMT

Insurers are waiting to see if claims emerge after organisations shut down websites this week due to a flaw in the PHP programming language that runs 70% of the internet...

AFCA warns on AI submissions as complaints surge to new record

Thu, 22 Oct 2026 05:19:31 GMT

The industry ombudsman has warned the use of artificial intelligence to lodge complaints could hinder its resolution processes, after caseloads reached record volumes in 2025-26...

IAG meeting expectations, Hawkins tells investors

Thu, 22 Oct 2026 05:19:16 GMT

IAG says positive momentum continued in the first quarter and it is on track to deliver earnings guidance for this financial year while pursuing efficiencies to keep insurance affordable...

Insurer pays price for missing toilet break

Thu, 22 Oct 2026 05:14:31 GMT

An elderly property owner who made a 550km round trip to investigate a water leak after an insurer’s tradesman failed to find the source has been awarded $5000 compensation for claim mismanagement...

INsight podcast: all happening at NIBA Convention

Thu, 22 Oct 2026 05:03:39 GMT

All the action from the NIBA Convention is the lead item discussed on the latest Insurance News podcast...

Property line a driver as commercial pricing continues to slide

Wed, 21 Oct 2026 05:24:36 GMT

Australian commercial insurance rates recorded a double-digit fall for the sixth straight quarter in the July-September period, cratering 12% in Marsh’s latest market index...

AUB to acquire Aon underwriting agency

Wed, 21 Oct 2026 05:20:11 GMT

AUB Group has struck an agreement to buy Aon’s One Underwriting Australia, strengthening its agencies offering...

Zurich, Liberty, NTI earn intermediary accolades

Wed, 21 Oct 2026 05:15:02 GMT

Zurich has won NIBA’s large general insurer award, with NTI crowned best underwriting agency and Liberty the top specialty insurer for the sixth straight year...

NIBA names top broker, rising star as 2026 awards wrap up

Wed, 21 Oct 2026 05:12:05 GMT

Alison Gemmell and Alyssa Sanfilippo took top honours at the NIBA Convention this week...

Ombudsman rejects crash claim after insurer’s fraud allegation

Wed, 21 Oct 2026 05:11:16 GMT

The industry ombudsman has backed Suncorp’s rejection of a car crash claim, saying it is “not persuaded” the damage was accidental...

‘Full-circle moment’: Warden returns to Chubb to lead P&C

Tue, 20 Oct 2026 05:02:33 GMT

Kathleen Warden has begun work as Chubb head of property and casualty for Australia and New Zealand...

Gallagher hires former Austbrokers Corporate chief

Tue, 20 Oct 2026 05:02:12 GMT

John Mutton has been appointed MD of affinity at Gallagher Australia, effective next year...

Final call for UAC Leadership Academy intake

Tue, 20 Oct 2026 05:01:56 GMT

Applications for the Underwriting Agencies Council Leadership Academy’s class of ’27 close on Friday as the program builds on the success of its first year...

NIBA crowns community hero

Tue, 20 Oct 2026 05:01:52 GMT

Affinity Insurance Brokers client director Paul Davenport has won NIBA’s community excellence member of the year award...

Brokers ‘deserve credit’ for code’s stronger strata rules

Tue, 20 Oct 2026 05:01:51 GMT

Consumer groups have welcomed broker code changes that strengthen strata protections compared with the draft version and the previous document...