insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2020 Plan to drop brokers in NSW scheme riles NIBA https://www.insurancenews.com.au/regulatory-government/plan-to-drop-brokers-in-nsw-scheme-riles-niba https://www.insurancenews.com.au/regulatory-government/plan-to-drop-brokers-in-nsw-scheme-riles-niba The National Insurance Brokers Association has criticised a NSW Independent Pricing and Regulatory Tribunal proposal to end the mandatory use of brokers in the state’s building defects compensation scheme...

]]>
Mon, 28 Sep 2020 14:18:00 +1000
icare looks for new CEO to ‘build trust’ https://www.insurancenews.com.au/regulatory-government/story-2ab https://www.insurancenews.com.au/regulatory-government/story-2ab NSW state insurer icare has started the process of recruiting a new CEO and MD following the departure of John Nagle...

]]>
Mon, 28 Sep 2020 14:17:00 +1000
Rule change to avert ‘opportunistic’ class actions extended https://www.insurancenews.com.au/regulatory-government/rule-change-to-avert-opportunistic-class-actions-extended https://www.insurancenews.com.au/regulatory-government/rule-change-to-avert-opportunistic-class-actions-extended Temporary rule changes to prevent opportunistic class actions over stock exchange disclosures during the coronavirus pandemic have been extended by six months...

]]>
Mon, 28 Sep 2020 14:17:00 +1000
SA motor insurance inquiry makes 11 proposals https://www.insurancenews.com.au/regulatory-government/sa-motor-insurance-inquiry-makes-11-proposals https://www.insurancenews.com.au/regulatory-government/sa-motor-insurance-inquiry-makes-11-proposals The SA Parliamentary Economic and Finance Committee has made 11 proposals aimed at improving the state’s motor vehicle insurance and repair sector...

]]>
Mon, 28 Sep 2020 14:16:00 +1000
New WA construction bill targets phoenix builders https://www.insurancenews.com.au/regulatory-government/new-wa-construction-bill-targets-phoenix-builders https://www.insurancenews.com.au/regulatory-government/new-wa-construction-bill-targets-phoenix-builders The WA Government plans to introduce new legislation that will close a loophole allowing so-called phoenix builders to declare bankruptcy and start in the industry again under a new business name...

]]>
Mon, 28 Sep 2020 14:16:00 +1000
COVID impacting NSW return-to-work progress https://www.insurancenews.com.au/regulatory-government/covid-impacting-nsw-return-to-work-progress https://www.insurancenews.com.au/regulatory-government/covid-impacting-nsw-return-to-work-progress NSW state insurer icare says the adverse impact of the coronavirus outbreak on return-to-work rates is likely to continue over the coming months...

]]>
Mon, 28 Sep 2020 14:15:00 +1000
ASIC holds more wrongdoers to account https://www.insurancenews.com.au/regulatory-government/asic-holds-more-wrongdoers-to-account https://www.insurancenews.com.au/regulatory-government/asic-holds-more-wrongdoers-to-account The latest update from the Australian Securities and Investments Commission reveals progress in enforcement action in the first half, including significant civil penalties imposed against large financial institutions such as AMP...

]]>
Mon, 28 Sep 2020 14:14:00 +1000