Daily
Steadfast calls for shareholder patience during CEO inquiry
31 October 2025
Steadfast says it will undertake a “thorough process” in investigating allegations against CEO and MD Robert Kelly, who has temporarily “chosen to stand aside”...
Allianz flags more cuts to home, landlord commissions
31 October 2025
Allianz has again reduced broker commissions for home and landlord products, saying the changes are needed to keep the portfolio sustainable...
ICA hails ‘timely’ roundtable with regulators
31 October 2025
The Insurance Council of Australia brought together representatives from industry and the prudential and corporate regulators yesterday to discuss key issues in the sector...
Ombudsman pokes holes in burst pipe claim denial
31 October 2025
Homeowners have won a row over a burst underground pipe after the complaints authority found “no compelling information” to show their insurer’s exclusions applied...
Brisbane storm claim tally tops 16,000
30 October 2025
Suncorp has received 5500 claims so far after storms hit Queensland and Victoria at the weekend, and IAG has reported more than 3900 claims from the southeast Queensland event...
Judge rejects abattoir’s ‘casual negligence’ argument
30 October 2025
An abattoir worker who was seriously hurt when a 200kg pallet cage fell on him has won a compensation battle with the site owner and his labour hire employer...
Compliance experts examine future of customer care
30 October 2025
Industry experts will address a free webinar examining the “dual demands” imposed by the insurance code and the corporate regulator when it comes to complaint handling...
Traveller denied payout in home away from home
30 October 2025
A visitor to Australia who missed her flight home while receiving medical treatment has been denied a payout for losses deemed to have occurred before her travels...
‘Game on‘: offer for AUB may attract others
29 October 2025
More suitors could join the battle to buy AUB after Swedish private equity firm EQT‘s multibillion-dollar bid for the listed intermediary group, according to industry analysts...
Insurance firm raided over alleged Russia sanction breaches
29 October 2025
Police have confirmed insurance company offices were searched in relation to possible breaches of sanctions against Russia...
Helia ‘committed to LMI market’ despite revenue slide
29 October 2025
Helia Group says it will carry on in Australia even as gross written premium sits “well down on historic levels” and revenue has fallen...
INsight podcast: what to make of listed broker buyout bid
29 October 2025
The proposed $5.25 billion acquisition of AUB Group is the main topic for discussion on the latest Insurance News podcast...
Brokers urged to play nice as ‘pivotal’ code review progresses
28 October 2025
The National Insurance Brokers Association says a final report from its independent code reviewer will be released “imminently”, after warning members “compromise will be required”...
Brisbane hailstorm labelled significant as 11,000 claims made
28 October 2025
A hailstorm that hit Brisbane and surrounding areas on Sunday has generated 11,000 claims so far and been declared a significant event by the Insurance Council of Australia...
Actuaries’ advice reform plan targets guidance ‘grey area’
28 October 2025
The Actuaries Institute has called for a broader overhaul of financial advice laws as the federal government pushes through its next phase of reforms...
AFCA raps dentist, insurer for ‘lack of readiness’ in pipe flood claim
28 October 2025
The industry ombudsman has ordered Chubb to increase its payout to a dental clinic and work with experts to determine the extent of damage caused by a burst flexi-hose...
Risqué business to pay fairer share of strata premium
24 October 2025
A pub and strip club must pay more for insurance than homeowners in the same complex after a tribunal ruled the block’s premium soared because of the venue...
ASIC ‘respects AFCA independence’ over add-on deadine
24 October 2025
The corporate regulator has suggested it will not intervene after a refund company criticised the dispute authority’s add-on insurance deadline...
Swiss Re calls for ‘sustainable’ TPD products after pausing new business
24 October 2025
Swiss Re has raised concerns over the future of total and permanent disability products in Australia after moving to temporarily stop accepting new life business...
Ombudsman backs insurer in fake crash case
24 October 2025
A motor policyholder’s bid for a crash damage payout has been rejected after the dispute authority supported QBE’s argument that his claim was fraudulent...