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1. 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...
   Regulatory & Government | 28 Sep 2020 02:18pm
2. 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...
   Regulatory & Government | 28 Sep 2020 02:17pm
3. icare looks for new CEO to ‘build trust’
   NSW state insurer icare has started the process of recruiting a new CEO and MD following the departure of John Nagle...
   Regulatory & Government | 28 Sep 2020 02:17pm
4. 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...
   Regulatory & Government | 28 Sep 2020 02:16pm
5. 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...
   Regulatory & Government | 28 Sep 2020 02:16pm
6. 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...
   Regulatory & Government | 28 Sep 2020 02:15pm
7. 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...
   Regulatory & Government | 28 Sep 2020 02:14pm
8. Hard market, pandemic increasing challenges: Gallagher
   Hard market conditions and the impacts of the coronavirus outbreak are presenting challenges for businesses seeking renewed or expanded insurance cover, Gallagher says in a fourth quarter report...
   Local | 28 Sep 2020 02:12pm
9. Travel insurance premiums ‘in negative territory’
   Travel is the insurance line suffering most from the COVID-19 pandemic, according to the annual Radar report from actuaries Taylor Fry...
   Local | 28 Sep 2020 02:11pm
10. Casino BI lawsuit: insurers say COVID was excluded
    Chubb and other insurers have filed a concise statement to the Federal Court outlining the reasons why The Star Entertainment Group’s claim for business interruption losses was denied...
    Local | 28 Sep 2020 02:10pm
11. FM Global warns against risk management cutbacks
    Businesses must not put off risk management processes to save cash during the COVID-19 pandemic, insurer FM Global warns...
    Local | 28 Sep 2020 02:09pm
12. Finity sees merit in government-backed pandemic cover
    A government-back insurance solution for pandemic risk would have merit for a number of reasons, Finity says in a report for the Insurance Council of Australia...
    Local | 28 Sep 2020 02:08pm
13. Restrictions spark dramatic decline in vehicle theft
    The coronavirus pandemic and associated restrictions have led to a significant decline in vehicle theft...
    Local | 28 Sep 2020 02:08pm
14. Beaten only by the banks: insurance records 15,665 complaints
    The Australian Financial Complaints Authority received 15,665 disputes involving general insurers in the last financial year, second only to banks who had 28,176 cases filed against them...
    Local | 28 Sep 2020 02:07pm
15. Natural hazard risk past tipping point, royal commission told
    The escalating risk from natural hazards anticipated for years in Australia is now manifest and is outstripping the nation’s preparedness to manage the fallout, a Royal Commission hearing was told last week...
    Local | 28 Sep 2020 02:06pm
16. AUB pursues options for sale of rehab assets
    AUB has appointed PwC to assist with the potential sale of its Altius rehabilitation and health business as the company returns to a focus on its core broking operations...
    Corporate | 28 Sep 2020 01:31pm
17. Ryno Underwriting is now ShieldCover
    Brisbane-based Ryno Underwriting has rebranded as ShieldCover from October as part of a business growth strategy...
    Corporate | 28 Sep 2020 01:30pm
18. Youi to gain CTP licence in NSW
    The State Insurance Regulatory Authority says it intends to issue a compulsory third party licence to Youi, making it the first insurer to be added to the scheme since reforms were introduced in 2017...
    Corporate | 28 Sep 2020 01:30pm
19. Aon adds Victoria, NT real estate association deals
    Aon has announced new partnerships with the Real Estate Institute of Victoria and the Real Estate Institute of the Northern Territory...
    Corporate | 28 Sep 2020 01:29pm
20. ProRisk offers prizes with launch of Association Liability
    Professional Risk Underwriting, or ProRisk, has introduced a new association liability policy for SME associations and not for profit organisations...
    Corporate | 28 Sep 2020 01:28pm

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