Daily
ICA unveils charter on extreme weather responses
08 October 2024
The Insurance Council of Australia has published a charter setting out the industry’s principles and key actions for addressing extreme weather events and approaches to disaster preparation, response and recovery...
Seminar to tackle myths and mysteries of cyber
08 October 2024
Trends and challenges in cyber cover will be the focus of an Insurance News seminar on November 21...
Lion makes key appointments ahead of ‘next chapter’
08 October 2024
Lion Underwriting has expanded its board and made senior appointments as it targets a “new phase of growth”...
Cruise customer loses row over war exclusion
08 October 2024
A woman whose travel agent incorrectly told her she could claim cover for the cost of a trip cancelled due to unrest in the Red Sea and Suez Canal has lost a dispute with Lloyd’s...
Foregone conclusion? Meetings held on proposed strata commission ban
04 October 2024
NSW Fair Trading has held a series of meetings with consumer and industry groups to consult on a proposed ban of strata insurance commissions...
Aviso makes leadership change in push to ‘chart our own future’
04 October 2024
Envest’s Aviso Group has appointed Jeff Moule to the newly created position of chief broking officer, providing dedicated leadership for the national network of businesses amid wider changes to the corporate and competitive landscape...
Modeller puts Helene insured losses at $9 billion
04 October 2024
Privately insured losses from Hurricane Helene will probably be close to $US6.4 billion ($9.3 billion) following wind, storm surge and inland flooding across nine US states, catastrophe modelling firm Karen Clark & Company says...
Holiday theft victim wins tuk-tuk tussle with insurer
04 October 2024
A traveller has won a $6300 claim dispute after his bag was stolen by a tuk-tuk driver during an overseas holiday...
Former IAG, Zurich exec takes top job at MDA National
03 October 2024
MDA National has appointed Tim Plant as CEO, replacing Ian Anderson, who is retiring after more than nine years in the role...
Hannover Re appoints new Australia MD
03 October 2024
Hannover Re has named Blake Dimitrijevic as its Australian branch MD following the appointment of predecessor Michael Eberhardt to the reinsurer’s Bermuda office...
Lost furniture code breach sparks compliance warning
03 October 2024
Insurers must ensure third-party service providers comply with code of practice obligations, the governance committee has warned, after a contractor engaged to store a customer’s household furniture lost or damaged some of the items...
AFCA backs 200% premium rise on flood-risk property
03 October 2024
A landlord who challenged his insurer over an increase to his annual premium of more than $3500, primarily due to his property’s heightened flood risk, has lost a bid to be refunded...
Ardonagh takeover of PSC ‘now effective’
02 October 2024
PSC Insurance Group says Ardonagh’s $2.3 billion takeover scheme of arrangement is now legally effective, with approvals and regulatory steps completed...
‘Myth-busting’ bid to boost electric car switch
02 October 2024
Cost and range anxiety remain key barriers to consumers switching to electric vehicles, despite most people driving relatively short day-to-day distances and the cars having lower running expenses, research released by NRMA Insurance shows...
Payout rejected after bag theft from ‘sleeping’ traveller
02 October 2024
A traveller whose backpack was stolen while she was resting at a beach will not be covered for her loss after the complaints authority ruled the bag was left unattended...
INsight podcast: merger is the (second) biggest story of the year
02 October 2024
Ardonagh's $2.3 billion acquisition of PSC is the main topic of discussion on the latest episode of the Insurance News podcast...
ICA outlines premium pressures, defends insurer profits at inquiry
01 October 2024
The insurance peak body defended the industry against accusations of price gouging at today’s session of the Senate inquiry into the impact of climate risk on premiums, as consumer groups sought a regulatory crackdown to lift affordability...
Former Marsh commercial head joins CBN
01 October 2024
Community Broker Network has recruited John Mutton as EGM of strategic partners – one of three leadership appointments announced today...
Flood probe ups ante on insurer code review response
01 October 2024
Federal flood inquiry findings that reinforce code of practice review recommendations would increase pressure on insurers to adopt higher standards, parliamentary probe chairman Daniel Mulino says...
Ex-Steadfast EGM becomes Cover.Insure chief
01 October 2024
Chris Rouse has been appointed CEO at direct-to-consumer business Cover.Insure, which has started out offering travel insurance in partnership with Battleface...