Daily

Pre-existing damage not enough to scrap car claim

02 October 2025

The financial services ombudsman has ordered RACT Insurance to accept a car crash claim despite the policyholder’s failure to disclose previous damage to his four-wheel drive...

Industry ‘faces public perception challenge’ as profit surges

01 October 2025

The general insurance industry’s after-tax profit climbed to $7.3 billion last financial year, its strongest result in more than a decade, driven by catastrophe losses falling below expectations and strong investment returns, actuarial group Taylor Fry says...

Cyclone, terrorism pool reviews launched

01 October 2025

A federal government review of the terrorism and cyclone reinsurance pools is seeking feedback on whether the schemes serve their purpose and if changes are needed...

Workers’ comp self-insurer penalised after losing hard drive

26 September 2025

The NSW State Insurance Regulatory Authority has fined Liverpool City Council $20,000 for failing to report the loss of an external hard drive that probably contained personal data relating to workers’ compensation insurance...