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1. 'Closer to sustainability': D&O insurers now competing for business
   The loss-making directors’ and officers’ market has finally turned a corner, after rates peaked late last year as insurers adjusted prices in a bid to achieve profitability, broker Aon says in a second quarter update...
   Daily | 29 Jun 2022 04:15pm
2. BI decision awaited as High Court pauses for winter recess
   The High Court winter recess is set to extend the timeframe for decisions on whether leave to appeal will be granted on disputes over business interruption cover during the pandemic, as the industry test case process approaches the two-year mark...
   Daily | 29 Jun 2022 03:52pm
3. Unwell traveller loses dispute over non-disclosure by representative
   An Australian who suffered a self-harm emergency overseas and was flown home by air ambulance with nursing and financial aid from the government has lost a claim dispute because someone else who bought the travel insurance on her behalf did not disclose that she had pre-existing medical conditions...
   Daily | 29 Jun 2022 03:37pm
4. INsight podcast: La Nina gone, but clean-up challenges remain
   The end of the La Nina weather system that contributed to record-breaking floods in NSW and Queensland is the focus of the latest Insurance News podcast...
   Daily | 29 Jun 2022 12:47pm
5. Floods become third costliest disaster as losses hit $4.8 billion
   Insured losses from the Queensland and NSW floods have risen to $4.8 billion, making the disaster Australia's third costliest extreme weather event on record, as claim assessments continue to be completed...
   Daily | 28 Jun 2022 04:14pm
6. Northern lobby group to pursue wider affordability action
   The Northern Australia Insurance Lobby has changed its name and will take on a national focus as it seeks an expansion of government-backed reinsurance to other risks affected by affordability and availability problems...
   Daily | 28 Jun 2022 04:06pm
7. 'Unconscionable practices': complaints against ACBF top 1000
   More than 1000 complaints have been lodged against four Aboriginal Community Benefit Fund companies over “unconscionable practices” in relation to sales of funeral expense policies...
   Daily | 28 Jun 2022 03:59pm
8. UTV driver denied beach wipeout claim
   A driver whose utility terrain vehicle suffered a total loss after a beach accident will not be covered by insurance after losing a claims dispute...
   Daily | 28 Jun 2022 03:34pm
9. BOM sees above average winter-spring rainfall, despite La Nina end
   Sea surface temperatures are currently warmer than average for much of the Australian coastline, a pattern increasing the chance of above average winter-spring rainfall for Australia, the Bureau of Meteorology says...
   Local | 27 Jun 2022 03:07pm
10. Flood claimants question 'like-for-like' replacements
    Victims of this year’s record-breaking floods are increasingly asking insurers to help make their properties more resilient as they rebuild – but policies usually specify like-for-like replacements...
    Local | 27 Jun 2022 03:07pm
11. Victorian earthquake responsible for third-most AFCA complaints
    The Australian Financial Complaints Authority says last year’s Victorian earthquake generated the third-highest number of insurance complaints in the past 12 months...
    Local | 27 Jun 2022 03:06pm
12. Floods 'severity' adds to rate pressure: S&P
    Australian gross written premium is expected to grow 7.5% this calendar year, reflecting the impact of the NSW/Queensland floods, past catastrophes and claims inflation facing the industry, according to S&P Global Ratings...
    Local | 27 Jun 2022 03:06pm
13. RACQ reveals flood-related settlement figures
    RACQ Insurance says it has settled 90% of motor claims relating to severe floods that impacted Queensland earlier in the year...
    Local | 27 Jun 2022 03:05pm
14. In Insurance News magazine this month
    The June/July issue of Insurance News magazine is out now, featuring must-read articles and interviews on some of our industry’s most important issues...
    Local | 27 Jun 2022 03:04pm
15. Landlords, brokers warned to be clear on meth cover
    New Zealand’s Financial Services Complaints Limited advises landlords and insurance brokers to ensure that policies cover all risks appropriately, as complaints about methamphetamine damage rise...
    Local | 27 Jun 2022 03:03pm
16. Research examines robotics help for older drivers
    Emerging vehicle assistive technologies and the experience of older drivers is being investigated as part of a project that could help improve safety...
    Insurtech | 27 Jun 2022 02:59pm
17. Blair Nicholls leads tech underwriting agency Clover
    Blair Nicholls has taken a new role as CEO at startup Clover Insurance Australia, a technology-led insurance underwriting agency focused on simplifying the placement of insurance for brokers which is set to go live late next month...
    Insurtech | 27 Jun 2022 02:59pm
18. Howden creates springboard for insurance start-ups
    UK-based Howden Group is creating an end-to-end platform to accelerate the launch and growth of insurance start-ups by bringing funding, capacity, expertise, governance and distribution together in one place...
    Insurtech | 27 Jun 2022 02:58pm
19. Koba takes out 2022 Finnie award
    Pay-per-kilometre car insurer Koba has won this year’s Excellence in Insurtech category, which is sponsored by IAG Firemark Ventures, at the FinTech Australia Finnie Awards...
    Insurtech | 27 Jun 2022 02:58pm
20. Salesforce unveils new financial services innovations
    Salesforce has announced expanded digital offerings designed specifically for the financial services industry including insurance providers...
    Insurtech | 27 Jun 2022 02:56pm

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