General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/local/commercial-pricing-tipped-to-stay-softhttps://www.insurancenews.com.au/local/commercial-pricing-tipped-to-stay-soft<p>Australian commercial insurance prices are expected to decline further this year after sharp falls in the December quarter, according to global brokers Marsh Risk and Aon...</p>Mon, 09 Feb 2026 03:41:05 GMThttps://www.insurancenews.com.au/local/wa-cyclone-tracks-towards-carnarvonhttps://www.insurancenews.com.au/local/wa-cyclone-tracks-towards-carnarvon<p>Cyclone Mitchell was moving alongside the WA coastline this morning ahead of an expected land crossing north of Carnarvon...</p>Mon, 09 Feb 2026 03:40:55 GMThttps://www.insurancenews.com.au/local/fast-and-furious-claimant-loses-dispute-after-drag-race-crashhttps://www.insurancenews.com.au/local/fast-and-furious-claimant-loses-dispute-after-drag-race-crash<p>A motor policyholder whose car was damaged in a drag race will not be covered for his loss after he was found to have fraudulently misled his insurer...</p>Mon, 09 Feb 2026 03:40:47 GMThttps://www.insurancenews.com.au/local/ica-returns-to-hail-hit-townhttps://www.insurancenews.com.au/local/ica-returns-to-hail-hit-town<p>The Insurance Council of Australia will revisit the NSW town of Harden near the first anniversary of a severe hailstorm...</p>Mon, 09 Feb 2026 03:40:36 GMThttps://www.insurancenews.com.au/local/ract-warns-of-tas-insure-threat-to-taxpayershttps://www.insurancenews.com.au/local/ract-warns-of-tas-insure-threat-to-taxpayers<p>RACT has urged the Tasmanian government to commit to &ldquo;deeper collaboration&rdquo; on premium affordability, to avoid budget risks from starting a state-owned insurance company...</p>Mon, 02 Feb 2026 03:56:55 GMThttps://www.insurancenews.com.au/local/homeowners-between-insurance-rock-and-climate-hard-placehttps://www.insurancenews.com.au/local/homeowners-between-insurance-rock-and-climate-hard-place<p>About one-fifth of homeowners are likely to consider going without insurance if extreme weather keeps pushing up the cost, a Climate Council survey shows...</p>Mon, 02 Feb 2026 03:56:48 GMThttps://www.insurancenews.com.au/local/flood-restoration-training-centre-opens-doorshttps://www.insurancenews.com.au/local/flood-restoration-training-centre-opens-doors<p>A flood clean-up training facility that replicates real-world residential and commercial building environments has been founded in Newcastle to drive consistency in restoration industry standards and improve outcomes...</p>Mon, 02 Feb 2026 03:56:33 GMThttps://www.insurancenews.com.au/local/travellers-warned-over-uk-and-ireland-passport-pitfallhttps://www.insurancenews.com.au/local/travellers-warned-over-uk-and-ireland-passport-pitfall<p>New Zealand&rsquo;s insurance ombudsman has urged travellers who hold dual citizenship with the UK or Ireland to check their documentation, to avoid falling foul of new entry requirements...</p>Mon, 02 Feb 2026 02:20:55 GMThttps://www.insurancenews.com.au/local/senior-executives-meet-bushfire-victimshttps://www.insurancenews.com.au/local/senior-executives-meet-bushfire-victims<p>Suncorp CEO Steve Johnston has visited Harcourt in regional Victoria to meet families affected by the recent bushfires...</p>Mon, 02 Feb 2026 02:20:45 GMThttps://www.insurancenews.com.au/local/icnz-says-study-reveals-planning-law-flawshttps://www.insurancenews.com.au/local/icnz-says-study-reveals-planning-law-flaws<p>A survey has revealed wide concern that New Zealand&rsquo;s flood protection measures and efforts to avoid building in high-risk areas are "falling short&rdquo;...</p>Mon, 02 Feb 2026 02:20:32 GMThttps://www.insurancenews.com.au/local/iag-examines-why-drivers-reject-safety-systemshttps://www.insurancenews.com.au/local/iag-examines-why-drivers-reject-safety-systems<p>IAG is researching why vehicle safety technology is not delivering a reduction in road accidents, amid reports many people are switching off the assistance systems...</p>Mon, 02 Feb 2026 01:10:51 GMThttps://www.insurancenews.com.au/local/nrma-channels-resilience-grants-to-northern-rivershttps://www.insurancenews.com.au/local/nrma-channels-resilience-grants-to-northern-rivers<p>NRMA Insurance has pledged to deliver $800,000 in grants over two years to projects that improve protection against extreme weather in NSW&rsquo;s Northern Rivers...</p>Mon, 02 Feb 2026 01:10:41 GMThttps://www.insurancenews.com.au/local/bondi-attack-insurers-urged-to-notify-terror-pool-of-losseshttps://www.insurancenews.com.au/local/bondi-attack-insurers-urged-to-notify-terror-pool-of-losses<p>The Australian Reinsurance Pool Corporation has asked insurers to let it know about potential claims related to last night&rsquo;s mass shooting at Bondi Beach...</p>Mon, 15 Dec 2025 03:41:25 GMThttps://www.insurancenews.com.au/local/workshop-targets-teamwork-on-hard-problems-of-affordabilityhttps://www.insurancenews.com.au/local/workshop-targets-teamwork-on-hard-problems-of-affordability<p>A forum featuring a wide range of participants was held last week to drive collaborative responses to insurance affordability problems...</p>Mon, 15 Dec 2025 03:40:59 GMThttps://www.insurancenews.com.au/local/queensland-hailstorm-claims-pass-60-000https://www.insurancenews.com.au/local/queensland-hailstorm-claims-pass-60-000<p>Hail and strong wind in southeast Queensland late last month produced 60,200 claims, the Insurance Council of Australia says...</p>Mon, 15 Dec 2025 03:40:42 GMThttps://www.insurancenews.com.au/local/code-committee-helps-insurers-improvehttps://www.insurancenews.com.au/local/code-committee-helps-insurers-improve<p>The General Insurance Code Governance Committee says its actions during the 2024-25 financial year have helped address serious issues within the industry...</p>Mon, 15 Dec 2025 03:40:25 GMThttps://www.insurancenews.com.au/local/insurers-review-builder-links-after-directors-chargedhttps://www.insurancenews.com.au/local/insurers-review-builder-links-after-directors-charged<p>Police have charged two directors at an NT building company over allegations related to Defence Department contracts, forcing insurers to review possible repercussions...</p>Mon, 15 Dec 2025 03:40:12 GMThttps://www.insurancenews.com.au/local/progress-on-expert-reports-misses-core-problem-acilhttps://www.insurancenews.com.au/local/progress-on-expert-reports-misses-core-problem-acil<p>The Australian Consumers Insurance Lobby says the industry code watchdog&rsquo;s follow-up report on oversight of external experts may cover for failures to address problems around assessors&rsquo; independence...</p>Mon, 15 Dec 2025 03:40:03 GMThttps://www.insurancenews.com.au/local/insolvency-exclusion-knocks-out-liquidator-s-claimhttps://www.insurancenews.com.au/local/insolvency-exclusion-knocks-out-liquidator-s-claim<p>A company liquidator has failed to make a case that three Lloyd&rsquo;s syndicates are liable for claims relating to an insolvency...</p>Mon, 15 Dec 2025 03:40:02 GMThttps://www.insurancenews.com.au/local/cladding-review-roasts-fire-safety-engineershttps://www.insurancenews.com.au/local/cladding-review-roasts-fire-safety-engineers<p>Some fire safety engineers providing combustible cladding risk assessments lacked experience in the matter and &ldquo;struggled to provide these services competently&rdquo;, an independent review has found...</p>Mon, 15 Dec 2025 03:39:49 GMT