21 October 2020
Hollard has lost a dispute over a roof damage claim after it was found the online insurance application process didn’t make clear the presence of asbestos needed to be disclosed...
21 October 2020
Insurers are facilitating greater Indigenous engagement with the creation of a new liaison forum and a round of consultation to understand how a proposal to raise the wall of Sydney’s Warragamba dam by 14 metres could impact upstream areas and cultural heritage sites...
20 October 2020
The National Insurance Brokers Association has received sharp criticism for significant hold-ups in reviewing its Insurance Brokers Code of Practice...
20 October 2020
Insurers should have a plan for responding to the outcome of the business interruption test case heard earlier this month, the Australian Securities and Investments Commission has told company directors...
20 October 2020
The Australian Securities and Investments Commission is stepping up regulatory preparations for the start of laws extending consumer and small business unfair contract term protections to insurance...
20 October 2020
The Financial Services Council has today released a report setting out suggestions on ways to improve the provision of advice to consumers, some of which could also impact general insurance...
16 October 2020
Almost half of insurance and finance businesses responding to a survey say they are accessing the Federal Government's JobKeeper scheme, and a similar number say upcoming changes will hit them hard...
16 October 2020
The Bank of Queensland has signed an agreement to sell St Andrew’s Insurance for $23 million to private investment vehicle Farmcove...
16 October 2020
Fast-growing insurtech underwriting agency Blue Zebra has partnered with Point Insurance to launch a new personal accident and sickness insurance brand...
16 October 2020
An insurer has lost a dispute over a travel claim it denied because the policyholders cancelled their trip three weeks before an Australian government travel ban on March 25...
15 October 2020
Allianz is in “advanced discussions” to buy Westpac’s general insurance business in a deal estimated at $500 million, a media report claims today...
15 October 2020
The NSW Supreme Court has found against Cover Genius Services in a dispute over office leasing and unpaid rent amid financial impacts from the COVID-19 pandemic...
15 October 2020
Suncorp New Zealand has appointed Jimmy Higgins CEO effective today after he took over the role on an interim basis in July amid leadership changes within the wider group...
15 October 2020
Suncorp has won a claim dispute with a cosmetic clinic whose client undertook legal proceedings after injectable fillers triggered an adverse reaction...
14 October 2020
The case for mitigation action is gathering strength as more intense and frequent natural disasters raise insurance affordability and availability risks, Australian Prudential Regulation Authority Executive Board Member Geoff Summerhayes said in a speech today...
14 October 2020
The La Nina weather system already under way in the tropical Pacific will be stronger than previously thought, raising fears of significant flooding in Australia, the Bureau of Meteorology says...
14 October 2020
IAG has appointed former Qantas Loyalty CIO Alastair Robertson as EGM Customer Technology, as it continues to simplify core platforms...
14 October 2020
A Melbourne Mazda driver who told Allianz his car was for private use but later offered it for $30 a day through a car rental company has won a claim dispute after the vehicle was stolen from the car hire premises...
13 October 2020
The immense value of insurance broking to clients, insurers, the economy and society has been demonstrated by a new report prepared by Deloitte Access Economics for the National Insurance Brokers Association...
13 October 2020
The Australian Institute of Building Surveyors has voiced concerns at a number of new professional indemnity insurance products in the market, warning its members to fully investigate terms and conditions...