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RACQ Insurance’s payouts for damage from a hailstorm in Gympie may reach $50 million – 50% more than was expected – as a result of opportunistic “storm-chasers”...

Actuarial consultant Finity says proposed deferred sales model regulations for add-on insurance should be applied in some areas only, allowing new product design and distribution rules and intervention powers to provide wider protection...

A tribunal has ruled NRMA Insurance engaged in discrimination when it rejected a child sex offender’s bid to buy public liability cover for his gardening business...

The Australian Financial Complaints Authority received 7969 general insurance disputes in the six months after its launch last November, up 20% from a year earlier when the Financial Ombudsman Service oversaw external complaints...

Rates in New Zealand are rising, fuelled by external factors including the professional indemnity crisis affecting Australia’s building industry, a Willis Towers Watson market update says...

The next review of the National Construction Code in three years must include climate change provisions, according to the Australian Strategic Policy Institute...