insuranceNEWS.com.au - Regulatory & Government

‘Genuine beliefs’ key to AFCA approach on misrepresentation

Mon, 30 Jun 2025 04:13:56 GMT

The Australian Financial Complaints Authority has released new guidelines on how it will approach disputes around misrepresentation and disclosure...

NZ broker admits ‘devastating’ client theft

Mon, 30 Jun 2025 04:13:42 GMT

An insurance broker who said he would invest elderly clients’ funds but spent the money and issued false statements has pleaded guilty to theft...

CBL finance chief penalised for disclosure breach

Mon, 30 Jun 2025 04:13:21 GMT

New Zealand’s High Court has ordered CBL Group’s former finance head Carden Mulholland to pay more than $NZ1.2 million ($1.1 million) in penalties and legal costs following continuous disclosure breaches...

Tasmanian motor body reveals election wish list

Mon, 30 Jun 2025 04:12:09 GMT

The Tasmanian Automotive Chamber of Commerce has made 18 recommendations to government ahead of the state election...

Prudential changes fail to weigh cost, insurers say

Mon, 30 Jun 2025 04:11:54 GMT

Only 31% of surveyed general insurers feel changes to the prudential framework have sufficiently considered the cost of regulations imposed on industry...

State pledges $280 million resilience boost

Mon, 30 Jun 2025 04:11:17 GMT

Queensland has put an extra $280 million over four years into high-priority disaster resilience and mitigation projects...

Scores of projects unfinished as WA builders collapse

Mon, 30 Jun 2025 04:09:33 GMT

Homeowners in WA have been advised to contact QBE regarding their home indemnity cover after two residential builders entered liquidation this month...

MPs extend inquiry into workers’ comp shake-up

Mon, 23 Jun 2025 04:46:22 GMT

The NSW government’s workplace mental injury law reforms have been put on hold after a parliamentary committee extended its inquiry into the plans...

ARPC making Alfred payments to insurers

Mon, 23 Jun 2025 04:46:09 GMT

Insurers in the cyclone reinsurance pool had recorded 68,684 Alfred claims as of last Tuesday, covering residential, small business and strata properties...

Victoria steps up construction reforms

Mon, 23 Jun 2025 04:45:57 GMT

The Victorian government has introduced a further bill to parliament as part of its building regulation and consumer protection overhaul...

Budget ‘secures funding’ for state building regulator

Mon, 23 Jun 2025 04:45:46 GMT

Building Commission NSW will receive $145.1 million in tomorrow’s state budget...

WA committee reviews e-bike, scooter regulations

Mon, 23 Jun 2025 04:45:27 GMT

A state parliamentary committee will examine safety management in WA’s e-rideable program and consider new regulations...

State offers $4 million mitigation fund for tourism sector

Mon, 23 Jun 2025 04:45:15 GMT

The Queensland government will provide $4 million to tourism operators in the state’s north as they recover from floods earlier this year...

ASIC weighs unfair term ruling

Mon, 16 Jun 2025 04:29:50 GMT

The Australian Securities and Investments Commission is “considering” an appeal court decision in favour of Auto & General in a contract term dispute...

State upper house probes workers’ comp overhaul

Mon, 16 Jun 2025 04:29:34 GMT

NSW upper house MPs will hold a hearing tomorrow as they review the government’s planned reform of workplace mental injury laws...

Tobacco ‘crime lords’ warned as crackdown looms

Mon, 16 Jun 2025 04:28:06 GMT

Victoria’s new tobacco licensing scheme will begin next month, aimed at “breaking the business model of organised crime” by disrupting illicit trade...

State insurance body funds spinal injury studies

Mon, 16 Jun 2025 04:27:53 GMT

The Insurance Commission of WA has partnered with non-profit SpinalCure to improve spinal cord injury recovery...

Hazards body takes reinsurance past $NZ10 billion mark

Tue, 10 Jun 2025 01:51:21 GMT

New Zealand’s Natural Hazards Commission Toka Tu Ake has secured a $NZ1.15 billion ($1.07 billion) increase to its reinsurance protection...

Coalition fills key frontbench roles

Mon, 02 Jun 2025 03:25:11 GMT

The federal opposition has named Nationals MP Pat Conaghan as shadow assistant treasurer and financial services spokesman...

State holds workers’ comp rates under ‘balanced approach’

Mon, 02 Jun 2025 03:24:59 GMT

Victoria’s average WorkCover premium will stay at 1.8% next financial year...