06 October 2020
Suncorp says the COVID-19 outbreak and Federal Government moves to boost spending to drive an economic recovery support the case for tonight’s Budget to include increased natural disaster mitigation funding...
06 October 2020
The Australian Financial Complaints Authority has ruled Suncorp must pay another $15,000 for a home and contents claim lodged by complainants representing the estate of their late mother...
02 October 2020
Insurers have argued in a NSW Court of Appeal test case today that business interruption pandemic exclusions are clear despite their references to a now repealed piece of legislation...
02 October 2020
PSC Insurance Group has upped its majority holdings in Perth-based broking business AR (WA) and Turner Financial Services in the UK, investing more than $7 million to take outright control of the two entities...
02 October 2020
The Victorian Building Authority has prosecuted a man for arranging building work without insurance...
02 October 2020
A COVID-19 induced recession would see a reduction in insurance premiums in New Zealand as customers in financial hardship reduce costs, hitting personal lines and commercial SME classes the hardest, actuary Taylor Fry says...
01 October 2020
Allianz has appointed Chris Townsend to the Board of Management in charge of Global Insurance Lines, taking over the role from Niran Peiris who is retiring on December 31 after more than 20 years with the insurer...
01 October 2020
The National Insurance Brokers Association has announced the five regional Young Broker of the Year award winners at a virtual ceremony today...
01 October 2020
Suncorp has been told to pay the full agreed value of a Ford Ranger Raptor that was damaged after being partially submerged in flood waters last year...
01 October 2020
360 Underwriting Solutions has announced Paul Riordan has started today as Executive Director of the 360 Commercial business...
30 September 2020
The Australian Securities and Investments Commission (ASIC) has today started civil penalty proceedings in the Federal Court against Allianz Australia and AWP Australia for the alleged misleading sale of travel insurance, sold through three websites run by Expedia...
30 September 2020
Melbourne-based recreational boat insurer Club Marine has appointed Karen Te Maipi as CEO, taking over from Simon McLean who has a new role as GM Automotive and Marine at parent company Allianz...
30 September 2020
The Insurance Council of New Zealand says clear disease exclusions in business interruption policies suggest there is no need in that country for the type of legal test case that has been pursued in the UK, where the High Court this month ruled in favour of policyholders on some wordings...
30 September 2020
A Brisbane man who was robbed while visiting Las Vegas and sought almost $16,000 for the cost of subsequent business and first class flights has lost a claim dispute with his travel insurer, receiving just $1251 for the travel...
29 September 2020
The Australian Financial Complaints Authority has ruled against Hollard in a dispute involving a NSW customer whose claim for vehicle damage was denied because he failed an alcohol breath test that was taken right after an accident...
29 September 2020
The National Insurance Brokers Association (NIBA) has announced the five regional Broker of the Year award winners at a virtual ceremony today...
29 September 2020
The Bureau of Meteorology has today declared Australia’s first active La Nina since the flood-causing event a decade ago triggered one of the wettest two-year periods for the country on record...
29 September 2020
The Financial Conduct Authority says it has filed a “leapfrog” application to appeal to the Supreme Court on aspects of the business interruption test case judgment...
25 September 2020
Chubb and other insurers have rejected the allegations made in a business interruption lawsuit filed by The Star Entertainment Group in August...
25 September 2020
AUB Group is reportedly moving ahead with plans to sell its Altius rehabilitation and health business, after flagging at the recent results briefing that it would be exploring options regarding its majority holding...