insuranceNEWS.com.au - Daily

Liquidator probes Sphere trust account transactions

Fri, 31 Jul 2026 06:27:20 GMT

Sphere Insurance Group’s liquidator has taken Federal Court action to freeze assets and gain information after finding on appointment that a client money trust account showed a balance of $44.15...

ICA tweaks code timeline as more feedback rolls in

Fri, 31 Jul 2026 06:27:05 GMT

The Insurance Council of Australia plans to lodge its redrafted code of practice with the corporate regulator in late October, under an amended timeline...

Marine agency RedSky joins Epsilon crew

Fri, 31 Jul 2026 06:15:45 GMT

Marine specialist RedSky Insurance has become part of Epsilon Underwriting under a partnership agreement...

AFCA rejects malicious damage claim after builder wrecks yard

Fri, 31 Jul 2026 06:15:26 GMT

Homeowners have lost a claim dispute over botched renovations after the industry ombudsman found their insurer correctly assessed that the damage was not covered...

NIBA flags preferred ESL model, calls for broker recognition

Thu, 30 Jul 2026 06:08:27 GMT

Brokers have urged NSW to adopt an emergency services levy replacement model with enough finely graduated tiers to prevent “material liability cliffs”...

Treat artificial intelligence like an employee, conference hears

Thu, 30 Jul 2026 06:08:18 GMT

Almost 200 professionals met in Sydney for the sold-out Insurance News Beyond the Buzzwords conference yesterday to hear how technology is reshaping the industry...

Industry moves to carve out silent AI risks

Thu, 30 Jul 2026 06:08:06 GMT

Commercial insurers have moved from “discussing to implementing” artificial intelligence exclusions in contracts after industry analytics group Verisk released a set of standardised endorsement templates...

Tiny teeth lead to big bill, and a long row over settlement

Thu, 30 Jul 2026 06:07:46 GMT

Rodents chewing through a dishwasher hose have triggered a payout of more than $200,000 after water and mould damage forced a family from their home for more than a year...

AI tipped to reshape industry after 20 years ‘treading water’

Wed, 29 Jul 2026 06:21:08 GMT

AI could transform the economics of the global insurance industry, creating new opportunities for growth and finally upending long-established business models, according to McKinsey...

Worst for car crime and crashes: city claims another unenviable title

Wed, 29 Jul 2026 06:21:00 GMT

Melbourne contains nine of the nation’s 10 worst car crash hotspots, according to AAMI...

Insurer to pay for BMW damage after double defeat before AFCA

Wed, 29 Jul 2026 06:20:50 GMT

The industry ombudsman has ordered an insurer to pay more than $20,000 for damage caused to a BMW while it was being repaired, after it twice rejected claims for the vehicle...

INsight podcast: customer advocates find cracks in the code

Wed, 29 Jul 2026 06:20:42 GMT

Consumer groups’ reaction to the general insurance code redraft is among the topics discussed on this week’s Insurance News podcast...

Regulator backs Allianz Partners-Nib travel deal

Tue, 28 Jul 2026 06:22:23 GMT

Allianz Partners has been cleared by the competition watchdog to buy Nib Holdings’ travel insurance business in Australia and New Zealand...

Elders begins AR-led urban expansion

Tue, 28 Jul 2026 06:22:14 GMT

QBE-owned rural cover specialist Elders Insurance has launched the Urban Agents program to drive expansion into metropolitan areas via authorised representatives...

Strata owners in dark on brokers’ role

Tue, 28 Jul 2026 06:22:03 GMT

Brokers face a “value visibility” challenge among residential strata owners, CHU research has found...

Insurer told to help troubled terrier straighten up

Tue, 28 Jul 2026 06:21:50 GMT

A dog owner has won a dispute with her insurer after claiming about $9000 for surgery to straighten her pet’s legs...

‘We won’t stop’: NSW Treasurer commits to ESL reform

Fri, 24 Jul 2026 06:19:37 GMT

NSW Treasurer Daniel Mookhey says abolishing the emergency services levy on insurance won’t be easy – but with the industry’s help, the reform can get over the line...

Adelaide brokers take NIBA regional awards

Fri, 24 Jul 2026 06:18:57 GMT

Shannan Gardner of Guardian Insurance Brokers has won the SA/NT broker of the year award and Thomas Lawrie from Astute Insurance Services has taken the region’s young broker prize...

M&A watchdog probes Ambrose’s bid for builder

Fri, 24 Jul 2026 06:18:40 GMT

Insurance-focused building repairer Ambrose Construct Group’s bid to buy WA-founded Major Loss Builders is under review by the competition regulator...

Holidaymaker pays for journey home after painful Italy trip

Fri, 24 Jul 2026 06:14:16 GMT

A traveller who tripped on a cobblestone street and hurt his back after drinking alcohol has lost his bid to have a business class flight home covered by his insurer...