Court ruling keeps class action focus on Victoria
11 August 2025
A High Court ruling will strengthen Victoria’s status as a favoured jurisdiction for bringing class actions, lawyers say...
Local
Insurers ‘shifting gears’ on investment risk
11 August 2025
Almost half of Australian insurers plan to increase their investment portfolio risk over the next year, according to a report by asset manager Janus Henderson Investors...
Smash repair code chair hails ‘constructive’ meeting
11 August 2025
Planned reforms to the motor repair code have taken a “constructive and encouraging step forward” following a meeting of stakeholders, Code Administration Committee chair George Manos says...
Insurers hold more Alfred claim sessions
11 August 2025
The Insurance Council of Australia will host consultations in southeast Queensland communities affected by Ex-Tropical Cyclone Alfred...
Planners need power, protection to cut risk: ICNZ
11 August 2025
Planning authorities need more power to stop development in areas of significant natural hazard risk, the Insurance Council of New Zealand has told a government consultation...
RAA ‘pleads’ with motorcyclists as crash rate soars
11 August 2025
Motoring club RAA has warned motorbike riders after its data revealed a 58% rise in the number of serious crashes over five years...
Prices, capacity favour commercial buyers for now: Aon
04 August 2025
Pricing in the Pacific region is soft and capacity is abundant, according to Aon’s second-quarter global insurance report...
Latest cat models transforming risk landscape: QBE
04 August 2025
QBE is rolling out new catastrophe modelling methods in Australia after success overseas using updated technology and more precise data...
Prudential standard ‘extends to AI, climate action’
04 August 2025
Insurers monitoring compliance with new operational risk management rules should ensure artificial intelligence and climate change exposures are not overlooked, Clyde & Co consultant Dean Carrigan says...
ICA flags pitfalls in child privacy code
04 August 2025
Insurers are covered by privacy laws and financial services regulations when dealing with children and any changes to the rules protecting minors must be proportionate, the Insurance Council of Australia has told the information commissioner...
AFCA launches consultation on claims handling complaints
28 July 2025
The Australian Financial Complaints Authority is consulting on its approach to general insurance claims handling disputes...
Property propels commercial price plunge
28 July 2025
Commercial property is leading pricing weakness in the Australia-dominated Pacific region, with rates declining for a fifth consecutive quarter, the latest Marsh Global Insurance Market Index shows...
‘Eye-opening’ study finds drivers disconnecting safety systems
28 July 2025
One in five drivers admit turning off their vehicle’s advanced safety features, Suncorp insurer AAMI’s annual crash index has revealed...
Jury undecided in jewel ‘heist’ trial
28 July 2025
A jury has failed to reach a verdict on two remaining charges against a celebrity jeweller who admitted attempting insurance fraud by staging an armed robbery at his shop...
Insurers to visit hail-hit town
28 July 2025
The Insurance Council of Australia will visit Harden in NSW to help residents recovering from a hailstorm in February...
Renewed plea for tax reform as state haul rises
21 July 2025
Strata and consumer lobby groups have made a fresh push for insurance tax reform after the Queensland government projected revenue from the charges will rise in the next few years...
ICA hosts more insurer meetings in flood-hit north
21 July 2025
The Insurance Council of Australia will return to north Queensland this month for meetings with customers affected by flooding in February...
Volcano study elevates threat of killer clouds
21 July 2025
Toxic clouds from a volcanic eruption in Auckland could travel twice as far as previously estimated, research by New Zealand’s Natural Hazards Commission Toka Tu Ake shows...
Safety warning as farm ‘impact’ claims surge
21 July 2025
WFI Insurance has recorded an 8% reduction in farm-related claims in the past year, but says the number related to impacts such as vehicle crashes or crush injuries surged 44% to the highest level in four years...
Delays, lost items most common travel woes
21 July 2025
About one-quarter of Australians have had a “travel mishap” in the past year, according to a survey by comparison website Finder...