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 Underwriting profitability returns http://www.insurancenews.com.au/regulatory-government/underwriting-profitability-returns http://www.insurancenews.com.au/regulatory-government/underwriting-profitability-returns The insurance industry has returned to underwriting profitability with annual underwriting profit of $3.8 billion, reversing a previous loss of $1.1 billion…

]]> Mon, 08 Mar 2010 11:57:00 +1100 Hockey sticks it to insurance taxes http://www.insurancenews.com.au/regulatory-government/hockey-sticks-it-to-insurance-taxes http://www.insurancenews.com.au/regulatory-government/hockey-sticks-it-to-insurance-taxes 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…

]]> Mon, 08 Mar 2010 11:57:00 +1100 Insurance representative cops 10-year ban http://www.insurancenews.com.au/regulatory-government/insurance-representative-cops-10-year-ban http://www.insurancenews.com.au/regulatory-government/insurance-representative-cops-10-year-ban Victorian insurance representative Terrence McDonald has copped a 10-year ban from the financial regulator for failing to comply with financial services laws…

]]> Mon, 08 Mar 2010 11:56:00 +1100 Westpoint investors group to get 70% back http://www.insurancenews.com.au/regulatory-government/westpoint-investors-group-to-get-70-back http://www.insurancenews.com.au/regulatory-government/westpoint-investors-group-to-get-70-back 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…

]]> Mon, 08 Mar 2010 11:55:00 +1100