03 July 2017
Insurers paid almost $1.66 billion in professional indemnity and public and product liability claims last year, down 4.8% from 2015, according to the Australian Prudential Regulation Authority’s National Claims and Policies Database…
03 July 2017
The Petya ransomware attack, which spread like wildfire through global networks last week, should provide a wake-up call to businesses, according to JLT…
03 July 2017
A new report encourages Australian insurers to adopt the shared-value concept and drive improvements to communities…
03 July 2017
The Insurance Council of New Zealand has backed new test standards for methamphetamine contamination in residential properties.
03 July 2017
Claims services company WorldClaim New Zealand has won a court ruling requiring a director to hand over his phone, computer and other devices as it investigates his handling of claims and client funds following the Canterbury earthquakes…
03 July 2017
An article in the latest edition of Insurance News (the magazine) says expanded polystyrene panels on the Lacrosse apartments were responsible for the fire that damaged its exterior…
26 June 2017
The NSW Government says it will do all it can to avoid a tragedy like London’s Grenfell Tower disaster…
26 June 2017
The value of Kaikoura earthquake claims received by New Zealand private insurers has reached $NZ1.84 billion, making it the second-costliest seismic catastrophe after the Canterbury quakes…
26 June 2017
Law firm Quinn Emanuel Urquhart & Sullivan is to file an $80 million class action against a McMillan Shakespeare Group subsidiary offering extended car warranties…
26 June 2017
The Bureau of Meteorology no longer expects an El Nino this year following a reversal of early-autumn warming in the eastern tropical Pacific Ocean…
26 June 2017
About 75% of companies in New Zealand are satisfied with their brokers’ services, according to research commissioned by Suncorp New Zealand…
26 June 2017
The Insurance Council of New Zealand says a seminar on buildings’ internal fitout failures during earthquakes is part of a bid to tackle the issue after high-rise commercial properties in Wellington were damaged during the Kaikoura event…
19 June 2017
Underwriters have pushed through moderate rate increases in the June 30 renewals season, according to brokers…
19 June 2017
Australian insurers are backing a national survey of buildings using flammable cladding in the wake of the devastating blaze that killed at least 58 people in London’s Grenfell Tower…
19 June 2017
Calliden is challenging an appeal court decision that two brothel owners whose premises suffered an arson attack were not required to disclose their membership of an outlaw motorcycle gang…
19 June 2017
The NSW Small Business Commissioner will pass bundles of disputes to the Financial Ombudsman Service after flooding in the state’s north prompted complaints about insurers…
19 June 2017
Insured losses caused by cyclones Debbie and Cook in New Zealand have reached $NZ84 million, putting the country on course for a costly year for flood damage claims…
19 June 2017
A taskforce report on Auckland’s housing supply shortfall has recommended investigating a builders’ warranty insurance scheme similar to those operating in Australia…
19 June 2017
The Insurance Council of Australia will hold community forums in cyclone and flood-exposed parts of north Queensland next month to improve understanding of premiums and policies amid criticism of the industry…
19 June 2017
Why did the NSW Government execute an embarrassing backflip on the transfer of its emergency services funding levy from insurance customers to all property owners on May 30? And perhaps more importantly, what are the chances of the reform ever seeing the light of day?…