25 July 2025
Australian motor insurers face a growing challenge from credit hire companies, which provide replacement vehicles to drivers involved in no-fault accidents, with costs recovered from the at-fault party’s insurer...
21 July 2025
Catastrophes in the first half of the year have again highlighted insurance affordability issues, as building costs remain high and taxes add to pressures...
14 July 2025
The traditional home of bricks, mortar and little else is becoming outdated as properties evolve to be sophisticated energy hubs – upending the way they will be insured...
07 July 2025
The industry is agog after Premier Jeremy Rockliff’s announcement last week that, if re-elected this month, Tasmania will create a government-owned general insurer...
27 June 2025
The industry ombudsman has released guidance on general insurance disputes relating to breaches of the duty to take reasonable care not to make misrepresentations – one of many reforms arising from the Hayne royal commission...
23 June 2025
Integrating insurance directly into the purchase journey for goods and services promises to remove friction, lower distribution costs and deliver a much better customer experience...
16 June 2025
Ransom payments can no longer be made in the shadows, free from scrutiny, after Australia became the first country to require that sums paid to cybercriminals be reported to the government...
02 June 2025
Once again, large parts of NSW have been devastated by floods...
26 May 2025
Some Steadfast brokers are on the warpath over the latest cut to commission levels – and their fury isn’t just directed at the insurer concerned, but also their allegedly “out of touch” network chiefs for accepting the change...
19 May 2025
Moderating market conditions are presenting fresh challenges for Lloyd’s, which has turned around its performance with a focus on underwriting discipline after some difficult years...
12 May 2025
The Insurance Council of Australia was established on July 1 1975, succeeding the Fire Accident and Marine Underwriters Association, which traced its origins back to 1867...
05 May 2025
The recent surge in hype around artificial intelligence might lead some to believe it’s a newcomer to industries such as insurance. In reality, AI has long been an integral part of the sector...
28 April 2025
I’ll start this story by confessing a cardinal sin...
14 April 2025
Micro-SMEs – businesses with fewer than 10 employees – play a vital role in the Australian economy, demonstrating resilience, adaptability and a drive for growth...
07 April 2025
Insurers reported 67,394 code breaches last financial year, down 13% on the previous period, and significant breaches also dropped, to 115 from 123...
31 March 2025
A parliamentary inquiry into the operation and implementation of the cyclone reinsurance pool has published its final report, more than two years after it was launched...
24 March 2025
The Insurance Council of Australia’s response to recommendations from the code review and federal floods inquiry set out its thinking on reforms, but also led to claims it is kicking too many cans down the road...
17 March 2025
The recent LA bushfires sent shockwaves through the insurance industry that will be felt around the world this year, with Victorian fires and Queensland floods causing further pain here in Australia...
10 March 2025
People who work in insurance are on average paid substantially more than their counterparts in other Australian industries, new data shows...
03 March 2025
The Insurance Council of Australia’s federal election platform contains “a big idea to combat a big problem”, calling for more than $30 billion in government cash to tackle floods...