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 2012 General insurers in good shape despite disasters http://www.insurancenews.com.au/local/general-insurers-in-good-shape-despite-disasters http://www.insurancenews.com.au/local/general-insurers-in-good-shape-despite-disasters Most Australian general insurers are in good financial shape despite the massive claims stemming from the natural disasters in 2011…

]]> Mon, 30 Jan 2012 14:14:00 +1100 Industry defends strata insurance pricing http://www.insurancenews.com.au/local/industry-defends-strata-insurance-pricing http://www.insurancenews.com.au/local/industry-defends-strata-insurance-pricing The House of Representative inquiry into residential strata insurance has received 388 submissions, with most coming from disgruntled property owners complaining about price increases…

]]> Mon, 30 Jan 2012 14:14:00 +1100 Actuaries call for flood insurance pool http://www.insurancenews.com.au/local/actuaries-call-for-flood-insurance-pool http://www.insurancenews.com.au/local/actuaries-call-for-flood-insurance-pool A temporary pool of funds should be created to subsidise the rising costs of flood insurance to consumers, according to the actuaries’ lobby group…

]]> Mon, 30 Jan 2012 14:13:00 +1100 Insurers gouging, says Bligh http://www.insurancenews.com.au/local/insurers-gouging-says-bligh http://www.insurancenews.com.au/local/insurers-gouging-says-bligh Queensland Premier Anna Bligh has called on insurance companies to be fairer on pricing policies…

]]> Mon, 30 Jan 2012 14:12:00 +1100 Queensland-NSW floods just seasonal weather http://www.insurancenews.com.au/local/queensland-nsw-floods-just-seasonal-weather http://www.insurancenews.com.au/local/queensland-nsw-floods-just-seasonal-weather Floods and heavy rain across Queensland and northern NSW last week will not earn the catastrophe status applied to last year’s floods…

]]> Mon, 30 Jan 2012 14:11:00 +1100 Melbourne storms cost insurers $550 million http://www.insurancenews.com.au/local/melbourne-storms-cost-insurers-550-million http://www.insurancenews.com.au/local/melbourne-storms-cost-insurers-550-million Insurers have received claims worth more than $550 million following Melbourne’s Christmas Day hailstorms, according to the Insurance Council of Australia…

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