<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet href="/rss/pretty-feed-v3.xsl" type="text/xsl"?><rss version="2.0"><channel><title>insuranceNEWS.com.au - Local</title><description>General insurance and financial services news from Australia and around the world</description><link>https://www.insurancenews.com.au/</link><language>en-au</language><item><title>Insurer code committee reports ‘signs of improvement’</title><link>https://www.insurancenews.com.au/local/insurer-code-committee-reports-signs-of-improvement</link><guid>https://www.insurancenews.com.au/local/insurer-code-committee-reports-signs-of-improvement</guid><description><p>The General Insurance Code Governance Committee says a fall in the number of breaches of key obligations suggests &ldquo;signs of improvement&rdquo; in compliance frameworks...</p></description><pubDate>Mon, 07 Apr 2025 04:34:57 GMT</pubDate></item><item><title>Data blind spots ‘hamper resilience efforts’</title><link>https://www.insurancenews.com.au/local/data-blind-spots-hamper-resilience-efforts</link><guid>https://www.insurancenews.com.au/local/data-blind-spots-hamper-resilience-efforts</guid><description><p>Insurers, communities and policymakers will be &ldquo;flying blind&rdquo; without greater climate data and modelling, particularly at a granular level, experts warn...</p></description><pubDate>Mon, 07 Apr 2025 04:34:46 GMT</pubDate></item><item><title>Alfred losses at $1 billion as industry eyes fresh Queensland floods</title><link>https://www.insurancenews.com.au/local/alfred-losses-at-1-billion-as-industry-eyes-fresh-queensland-floods</link><guid>https://www.insurancenews.com.au/local/alfred-losses-at-1-billion-as-industry-eyes-fresh-queensland-floods</guid><description><p>More than 95,000 claims have been lodged following Ex-Tropical Cyclone Alfred, with the loss total nearing $1 billion, according to the latest Insurance Council of Australia figures...</p></description><pubDate>Mon, 07 Apr 2025 04:34:18 GMT</pubDate></item><item><title>NSW urged to push through strata commission ban</title><link>https://www.insurancenews.com.au/local/nsw-urged-to-push-through-strata-commission-ban</link><guid>https://www.insurancenews.com.au/local/nsw-urged-to-push-through-strata-commission-ban</guid><description><p>Strata owner and consumer groups have urged the NSW government to press ahead with the removal of strata manager insurance commissions...</p></description><pubDate>Mon, 07 Apr 2025 04:33:22 GMT</pubDate></item><item><title>‘Way of life for millions:’ strata value hits $1.4 trillion</title><link>https://www.insurancenews.com.au/local/way-of-life-for-millions-strata-value-hits-1-4-trillion</link><guid>https://www.insurancenews.com.au/local/way-of-life-for-millions-strata-value-hits-1-4-trillion</guid><description><p>The insured value of strata properties in Australia has reached an estimated $1.4 trillion, an industry report says...</p></description><pubDate>Mon, 07 Apr 2025 04:33:07 GMT</pubDate></item><item><title>ICA welcomes Coalition plan on red tape, tradie recruitment</title><link>https://www.insurancenews.com.au/local/ica-welcomes-coalition-plan-on-red-tape-tradie-recruitment</link><guid>https://www.insurancenews.com.au/local/ica-welcomes-coalition-plan-on-red-tape-tradie-recruitment</guid><description><p>Insurers have backed Coalition plans to ease regulatory costs, invest in apprenticeships and change the prudential regulator&rsquo;s capital settings for loans backed by lenders&rsquo; mortgage insurance...</p></description><pubDate>Sun, 06 Apr 2025 23:15:27 GMT</pubDate></item><item><title>ICA calls for ‘clear commitment’ on risk reduction as election date set</title><link>https://www.insurancenews.com.au/local/ica-calls-for-clear-commitment-on-risk-reduction-as-election-date-set</link><guid>https://www.insurancenews.com.au/local/ica-calls-for-clear-commitment-on-risk-reduction-as-election-date-set</guid><description><p>Prime Minister Anthony Albanese has called a federal election for May 3, and the Insurance Council of Australia says it is focused on advocating for &ldquo;meaningful investment in mitigation&rdquo;...</p></description><pubDate>Mon, 31 Mar 2025 02:59:17 GMT</pubDate></item><item><title>Half-year intermediated premium climbs</title><link>https://www.insurancenews.com.au/local/half-year-intermediated-premium-climbs</link><guid>https://www.insurancenews.com.au/local/half-year-intermediated-premium-climbs</guid><description><p>General insurance intermediaries issued premium invoices totalling $22.3 billion in the six months to December, the Australian Prudential Regulation Authority says...</p></description><pubDate>Mon, 31 Mar 2025 02:58:47 GMT</pubDate></item><item><title>Cyclone sweeps across remote northwest coast</title><link>https://www.insurancenews.com.au/local/cyclone-sweeps-across-remote-northwest-coast</link><guid>https://www.insurancenews.com.au/local/cyclone-sweeps-across-remote-northwest-coast</guid><description><p>Cyclone Dianne crossed WA&rsquo;s Kimberley coast early on Saturday, bringing heavy rain and flash flooding...</p></description><pubDate>Mon, 31 Mar 2025 02:57:21 GMT</pubDate></item><item><title>Water restoration standard ‘sets new benchmark’ for claims</title><link>https://www.insurancenews.com.au/local/water-restoration-standard-sets-new-benchmark-for-claims</link><guid>https://www.insurancenews.com.au/local/water-restoration-standard-sets-new-benchmark-for-claims</guid><description><p>A new Australian standard for water damage restoration will advance national claims handling consistency, work quality and consumer protection, an industry professional says...</p></description><pubDate>Mon, 31 Mar 2025 02:56:43 GMT</pubDate></item><item><title>Insurers to visit hail-hit Victorian town</title><link>https://www.insurancenews.com.au/local/insurers-to-visit-hail-hit-victorian-town</link><guid>https://www.insurancenews.com.au/local/insurers-to-visit-hail-hit-victorian-town</guid><description><p>The Insurance Council of Australia will host a community consultation and information session in the Victorian town of Casterton on Wednesday...</p></description><pubDate>Mon, 31 Mar 2025 02:56:08 GMT</pubDate></item><item><title>Consumer law centre demands full take-up of flood inquiry findings</title><link>https://www.insurancenews.com.au/local/consumer-law-centre-demands-full-take-up-of-flood-inquiry-findings</link><guid>https://www.insurancenews.com.au/local/consumer-law-centre-demands-full-take-up-of-flood-inquiry-findings</guid><description><p>The Consumer Action Law Centre wants the next government to press the insurance industry over recommendations made by the parliamentary inquiry into the 2022 floods...</p></description><pubDate>Mon, 31 Mar 2025 02:55:42 GMT</pubDate></item><item><title>Experts group flags ‘exciting projects’, conference</title><link>https://www.insurancenews.com.au/local/experts-group-flags-exciting-projects-conference</link><guid>https://www.insurancenews.com.au/local/experts-group-flags-exciting-projects-conference</guid><description><p>Association of Insurance Building &amp; Engineering Consultants chair Deniz Bekir says the group has &ldquo;exciting projects&rdquo; lined up to lift the quality of expert reports used by insurers...</p></description><pubDate>Mon, 31 Mar 2025 02:55:26 GMT</pubDate></item><item><title>Automated vehicles ‘create driver dilemma’ in road laws</title><link>https://www.insurancenews.com.au/local/automated-vehicles-create-driver-dilemma-in-road-laws</link><guid>https://www.insurancenews.com.au/local/automated-vehicles-create-driver-dilemma-in-road-laws</guid><description><p>Experts have warned the wording of current road rules risks creating legal loopholes around self-driving vehicles...</p></description><pubDate>Mon, 31 Mar 2025 02:55:11 GMT</pubDate></item><item><title>Medical bills drive up travel payouts, Southern Cross says</title><link>https://www.insurancenews.com.au/local/medical-bills-drive-up-travel-payouts-southern-cross-says</link><guid>https://www.insurancenews.com.au/local/medical-bills-drive-up-travel-payouts-southern-cross-says</guid><description><p>Southern Cross Travel Insurance has warned against travelling without cover after revealing last year&rsquo;s most expensive claim cost 259% more than the 2023 record-holder...</p></description><pubDate>Mon, 31 Mar 2025 02:40:52 GMT</pubDate></item><item><title>ICA ‘working to panel’s timeline’ on code update</title><link>https://www.insurancenews.com.au/local/ica-working-to-panel-s-timeline-on-code-update</link><guid>https://www.insurancenews.com.au/local/ica-working-to-panel-s-timeline-on-code-update</guid><description><p>The Insurance Council of Australia aims to produce a revised code of practice by the middle of this year, after last week releasing a second-stage response to recommendations from an independent review and the parliamentary floods inquiry...</p></description><pubDate>Mon, 24 Mar 2025 03:54:54 GMT</pubDate></item><item><title>AFCA salutes insurer efforts on expert reports</title><link>https://www.insurancenews.com.au/local/afca-salutes-insurer-efforts-on-expert-reports</link><guid>https://www.insurancenews.com.au/local/afca-salutes-insurer-efforts-on-expert-reports</guid><description><p>The dispute authority has praised the industry for its response to recommendations on the use of expert reports, but says underlying claims handling issues have yet to be addressed...</p></description><pubDate>Mon, 24 Mar 2025 03:49:13 GMT</pubDate></item><item><title>Industry calls for reforms to slow motor premium surge </title><link>https://www.insurancenews.com.au/local/industry-calls-for-reforms-to-slow-motor-premium-surge</link><guid>https://www.insurancenews.com.au/local/industry-calls-for-reforms-to-slow-motor-premium-surge</guid><description><p>Urgent co-ordinated action is needed to address the systemic drivers of rising motor cover premiums, the Insurance Council of Australia says...</p></description><pubDate>Mon, 24 Mar 2025 02:29:43 GMT</pubDate></item><item><title>Lobby group pushes to make strata a ‘priority on national agenda’</title><link>https://www.insurancenews.com.au/local/lobby-group-pushes-to-make-strata-a-priority-on-national-agenda</link><guid>https://www.insurancenews.com.au/local/lobby-group-pushes-to-make-strata-a-priority-on-national-agenda</guid><description><p>The Strata Community Association has made disclosure and transparency a key plank of its campaign to increase federal policymakers&rsquo; awareness of sector priorities...</p></description><pubDate>Mon, 24 Mar 2025 02:29:29 GMT</pubDate></item><item><title>Queensland councils demand premium action</title><link>https://www.insurancenews.com.au/local/queensland-councils-demand-premium-action</link><guid>https://www.insurancenews.com.au/local/queensland-councils-demand-premium-action</guid><description><p>The Local Government Association of Queensland has pressed for federal action to help residents and businesses in disaster-prone areas secure affordable insurance...</p></description><pubDate>Mon, 24 Mar 2025 02:29:15 GMT</pubDate></item></channel></rss>