insuranceNEWS.com.au - Regulatory & Government

Workers’ comp reforms ‘first step in repairing scheme’

Mon, 09 Feb 2026 03:40:08 GMT

Businesses have welcomed the passage of workplace injury laws that include an 18-month freeze on average premium increases in the NSW workers’ compensation scheme...

FMG refunds customers after misrepresentations

Mon, 09 Feb 2026 03:39:59 GMT

New Zealand insurer FMG has agreed to pay $NZ2.1 million ($1.8 million) and to remediate thousands of customers after making misleading representations in relation to some policies...

SIRA consults on worker return guidelines

Mon, 09 Feb 2026 03:39:42 GMT

NSW’s State Insurance Regulatory Authority is seeking feedback on its revised guidelines for return to work programs...

Governments boost Victorian fire recovery funding

Mon, 09 Feb 2026 03:39:25 GMT

The federal and Victorian governments have committed an additional $160 million to help communities recover from recent bushfires...

New heavy vehicle code takes wider approach

Mon, 09 Feb 2026 03:39:09 GMT

An updated code of practice for the trucking industry extends beyond road transport businesses to other industries that rely on heavy vehicles...

Trial date set for broker accused of client funds scam

Mon, 02 Feb 2026 00:48:32 GMT

A former broker accused of misusing clients’ money is to appear in court again in April before trials scheduled to begin in February next year...

ACT to consider community group pool

Mon, 02 Feb 2026 00:48:20 GMT

The ACT government has rejected calls for a comparator website and other recommendations from an inquiry into insurance costs and availability...

New year fires, floods underscore claims scrutiny: ASIC

Mon, 02 Feb 2026 00:47:28 GMT

The corporate regulator has confirmed insurers’ management of disaster claims is a key focus after last month’s Victorian bushfires and Queensland floods following ex-Cyclone Koji...

SIRA consults on care provider regulations

Mon, 02 Feb 2026 00:46:38 GMT

NSW’s State Insurance Regulatory Authority is seeking submissions on ways to improve healthcare provider oversight in the state’s personal injury schemes...

WA state insurer elevates interim chief

Mon, 02 Feb 2026 00:46:28 GMT

Insurance Commission of WA interim CEO Helen Robinson will take the leadership role on a long-term basis...

Workers’ comp fraudster sentenced

Sun, 01 Feb 2026 23:00:02 GMT

A woman has been found guilty of 10 fraud-related offences after scamming more than $428,000 from the NSW workers’ compensation scheme...

Treasury consults on PI insurance reforms

Mon, 15 Dec 2025 04:17:37 GMT

Treasury is seeking feedback on ways to “enhance the effectiveness” of professional indemnity insurance under a push to improve the Compensation Scheme of Last Resort...

Industry on hook for compo scheme funding shortfall

Mon, 15 Dec 2025 03:53:34 GMT

Insurers must shoulder a portion of the $47.3 million special levy to shore up the Compensation Scheme of Last Resort, which has suffered a blowout in Australian Financial Complaints Authority unpaid determinations...

ICA hits out at ‘overlapping’ regulations

Mon, 15 Dec 2025 03:43:25 GMT

Complying with “overlapping and expanding” regulations has come at great cost to productivity and consumer outcomes, according to the Insurance Council of Australia...

SIRA lays ground for injury scheme projects

Mon, 15 Dec 2025 03:42:49 GMT

The State Insurance Regulatory Authority says three initiatives focusing on the role of health providers in personal injury schemes will move forward next year...

State to shut cladding agency

Mon, 15 Dec 2025 03:42:41 GMT

Cladding Safety Victoria will stop operations at the end of its mission to rectify extreme- and high-risk buildings...

Victoria’s new firefighting fleet ready for take-off

Mon, 15 Dec 2025 03:42:32 GMT

The Victorian government has unveiled its new firefighting air fleet as the state prepares for this year’s elevated-risk season...

Trans-Tasman leaders collaborate on accessibility

Mon, 08 Dec 2025 03:33:12 GMT

Australia and New Zealand will establish a government and industry working group to share information and collaborate on ways to ensure insurance remains accessible...

ASIC outlines code approval expectations

Mon, 08 Dec 2025 03:33:04 GMT

The Australian Securities and Investments Commission says its code of practice approvals process considers an industry’s response to independent reviews and factors such as enforceability...

Companies falling short on whistleblower systems

Mon, 08 Dec 2025 03:32:24 GMT

Whistleblower policies and practices vary greatly among corporates and there is room for improvement, according to the Australian Securities and Investments Commission...