insuranceNEWS.com.au http://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2010 Forget about rate rises: Aon http://www.insurancenews.com.au/local/forget-about-rate-rises-aon http://www.insurancenews.com.au/local/forget-about-rate-rises-aon The head of Australia’s largest insurance brokerage has refuted reports that premiums are hardening, instead depicting the coming two years as a buyers’ – not sellers’ – market…

]]> Mon, 08 Mar 2010 12:50:00 +1100 Insurers busy after major storms hit Melbourne http://www.insurancenews.com.au/local/insurers-busy-after-major-storms-hit-melbourne http://www.insurancenews.com.au/local/insurers-busy-after-major-storms-hit-melbourne Melbourne insurance offices have been overloaded with calls from householders and businesses reporting damage to buildings and vehicles after a “supercell thunderstorm” hit Victoria…

]]> Mon, 08 Mar 2010 12:50:00 +1100 Suncorp settles over ACT disaster http://www.insurancenews.com.au/local/suncorp-settles-over-act-disaster http://www.insurancenews.com.au/local/suncorp-settles-over-act-disaster Suncorp has dropped a class action against the ACT Government over the 2003 Black Saturday bushfires after settling for an undisclosed amount…

]]> Mon, 08 Mar 2010 12:49:00 +1100 Online revolution provides challenges http://www.insurancenews.com.au/local/online-revolution-provides-challenges http://www.insurancenews.com.au/local/online-revolution-provides-challenges Technology, commoditised insurance products and threats to one-on-one business relationships provided a thread of concern at a Melbourne breakfast seminar examining the state of…

]]> Mon, 08 Mar 2010 12:48:00 +1100 Floods threaten threaten towns http://www.insurancenews.com.au/local/floods-threaten-threaten-towns http://www.insurancenews.com.au/local/floods-threaten-threaten-towns Insurers are counting the cost of extensive flooding in southwest and southeast regions of Queensland through last week, and Premier Anna Bligh has called on them to…

]]> Mon, 08 Mar 2010 12:48:00 +1100 Former AAMI boss takes seat on FOS board http://www.insurancenews.com.au/local/former-aami-boss-takes-seat-on-fos-board http://www.insurancenews.com.au/local/former-aami-boss-takes-seat-on-fos-board Former AAMI CEO Robert Belleville has been appointed as a director of the Financial Ombudsman Service, replacing former Insurance Council of Australia CEO Kerrie Kelly…

]]> Mon, 08 Mar 2010 12:47:00 +1100