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Regulatory & Government

Underwriting profitability returns

8 March 2010

The insurance industry has returned to underwriting profitability with annual underwriting profit of $3.8 billion, reversing a previous loss of $1.1 billion…

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Hockey sticks it to insurance taxes

8 March 2010

Shadow Treasurer Joe Hockey has promised to put insurance tax reform on the Liberal Party’s political agenda should the Henry tax review fail to address the issue…

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Insurance representative cops 10-year ban

8 March 2010

Victorian insurance representative Terrence McDonald has copped a 10-year ban from the financial regulator for failing to comply with financial services laws…

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Westpoint investors group to get 70% back

8 March 2010

A new $13.5 million settlement for a group of 525 investors in the failed Westpoint group will see them recover an estimated 71 cents in the dollar…

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