Daily
Budget acts on affordability, misses on mitigation
13 May 2026
The federal budget has allocated $3.4 million over four years to develop measures that drive down property insurance costs and reduce unintentional underinsurance, but the government has not delivered a mitigation infrastructure boost...
RACQ Insurance defends ‘misleading’ comparisons
13 May 2026
RACQ Insurance has defended its renewal premium disclosures in response to Federal Court action by the corporate regulator...
Australian chief takes Swiss Re global specialty job
13 May 2026
Swiss Re Australia and New Zealand CEO Trent Thomson will become the group’s head of global specialty, based in London, from July 1...
‘Cosmetic’ row ends in call for a makeover
13 May 2026
A strata block owners’ corporation has won a payout for hail damage after the industry ombudsman ruled roof dents were more than a “minor cosmetic” issue...
IAG sets customer, GWP goals under 2030 strategy
12 May 2026
IAG aims to have more than 11 million customers and gross written premium above $25 billion by 2030...
‘Game-changer’: Hutch AI quote tool hailed as potential world first
12 May 2026
Hutch Underwriting has launched Dawn, a groundbreaking AI service that binds via Ebix Sunrise Exchange, populates broker management systems and completes the entire quote process without manual data entry...
Pool losses ‘within expectations’ after busy cyclone season
12 May 2026
Reinsurance pool losses from the latest cyclone season are estimated at about $267 million, based on an early view of impacts from nine declared events...
Compensation ordered after storm repairs trigger ‘emotional strain’
12 May 2026
The financial services ombudsman has told Suncorp to pay the maximum amount of non-financial loss compensation to a homeowner after its poor handling of her storm claim led to delays and further damage...
Wild frontier: watchdog warns on AI threat as Mythos stokes fear
08 May 2026
The corporate regulator has raised alarm over Mythos and other advanced AI tools, as it urges insurers and other financial services providers to “act now” on stronger cybersecurity...
QBE on track despite geopolitical turmoil
08 May 2026
QBE has reported first-quarter gross written premium increases in line with expectations and catastrophe costs including Middle East impacts well within allowance...
Workers’ comp fraudster feels heat over his saucy secret
08 May 2026
A former supermarket worker caught running a chilli sauce business while receiving compensation for a work-related injury has been ordered to pay back more than $117,000...
Mum wins compensation after email error sparks ‘harassment and abuse’
08 May 2026
An insurer has been ordered to pay compensation to a mother after it mistakenly sent her abusive ex-husband an email said to contain her “highly sensitive personal information”...
Australia ‘taking global crown’ as litigation hotspot
07 May 2026
Reinsurers view Australia as the most litigious market in the world, Insurance Council of Australia CEO Andrew Hall told an inquiry today, as the industry body pushes for a civil liability review...
Proclaim, DWF name leadership team
07 May 2026
DWF and Proclaim have a new leadership structure for their combined Australian claims management business...
Changing of the guard at Finity as long-serving boss retires
07 May 2026
Finity Consulting has announced MD Scott Collings will retire this year and be replaced by chairman Nelson Henwood...
Bad vibes: house claim crumbles on ‘impact’
07 May 2026
A property owner has lost her bid for a payout after the industry ombudsman ruled vibrations do not constitute an “impact” on a home...
Industry bodies bemoan ‘killer’ premiums as inquiry hearings begin
06 May 2026
High insurance premiums are a “real killer” for small businesses, a federal parliamentary inquiry heard today...
Prices ‘continue to soften’ but war casts shadow over market
06 May 2026
Australian pricing fell 11%-20% in the first quarter amid abundant capacity and broader coverage, while the Middle East conflict adds uncertainty to the global outlook, according to an Aon report...
‘Dynamic leader’ takes reins as Sedgwick fills top jobs
06 May 2026
Sedgwick has made Simon Kay CEO of its Australian business under a new leadership line-up following the retirement last year of former chief Diego Ascani...
INsight podcast: talking affordability action plans
06 May 2026
Home insurance affordability challenges and what to do about them are discussed in detail on the latest episode of the Insurance News podcast...