QBE to deliver Victorian builders’ insurance
17 May 2010
The Victorian Managed Insurance Authority has reached agreement with insurer QBE to deliver builders’ warranty insurance to home builders in a bid to ease builders’ concern over availability…
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Australian insurer off limits from NZ claim
17 May 2010
A New Zealand company’s bid to sue an Australian insurer for damages has been thrown out by the country’s Supreme Court…
Southern Cross rated top travel insurer
17 May 2010
NZ insurer Southern Cross Travel Insurance is the standout performer in a review of travel insurers for the Australian market carried out by consumer magazine Choice…
Insurers hit by market plunge
10 May 2010
Australia’s big three insurers have been swept up in a global stockmarket plunge as Greece’s financial woes continue to shake international markets…
MIGA wins contract for midwives insurance
10 May 2010
The Federal Government has finalised an agreement with Medical Insurance Group Australia for the introduction of Commonwealth-supported professional indemnity insurance for midwives…
YellowBird’s song takes resilience prize
10 May 2010
An emergency alert system has won the Insurance Council of Australia’s 2010 Resilience Award…
Builders frustrated by Victorian insurance problems
10 May 2010
A group representing Australian residential home builders has voiced its frustration at members’ ongoing difficulty in sourcing builders’ warranty insurance in Victoria…
Insurance code disregarded by insurers
03 May 2010
Insurers are taking a liberal view of the industry’s Code of Practice, with nearly half of those reviewed by the Ombudsman last year found to have breached the code…
Council and residents dispute flood rulings
03 May 2010
The council representing a number of southern Queensland towns affected by recent flooding is calling on insurers to commission a second hydrological report to better define…
Floodwaters threaten NZ tourist town
03 May 2010
Floodwaters are once again threatening to inundate the NZ tourist hub of Queenstown as an overflowing Lake Wakatipu encroaches on the low-lying CBD…
Do more for claimants, says Zurich chief
03 May 2010
Zurich Financial Services Australia CEO David Smith has challenged his colleagues in the industry to commit to “changing the mindset” from paying claims to restoring people’s lives…
Cabbies caught out over unpaid premium
03 May 2010
As many as 60 Perth taxi drivers have been driving without adequate insurance for almost two months without knowing SGIO had cancelled their motor fleet policy for non-paymen…
Risk insurance escapes commission ban
27 April 2010
Risk insurance is not covered under reforms announced yesterday by the Federal Government, which include commissions on investment products being banned…
No need for change, says NIBA CEO
27 April 2010
Moves to abolish insurance commissions should have no bearing on the general insurance broking sector, National Insurance Brokers Association CEO Noel Pettersen says…
Airlines should foot bill, says broker
27 April 2010
Disruptions to the global airline industry as a result of Iceland’s volcanic eruption have wiped nearly $2 billion off its revenue, with local carrier Qantas saying it’s losing nearly…
D&O risks increasing: Zurich
27 April 2010
Threats facing Australian directors and officers are growing amid shareholder activism and a clampdown by financial regulators in foreign jurisdictions, according to Zurich directors’…
Commercial market remains competitive
27 April 2010
Reports of hardening premiums are being tempered by Zurich Australia’s new general insurance chief Shane Doyle, who says the market remains “very competitive”…
Premiums rising, says Aon survey
19 April 2010
Insurance premiums increased by an average of 6.4% last year, according to research by Aon Australia…
QBE drops Canberra bushfires legal action
19 April 2010
QBE has joined Suncorp is withdrawing from legal action against the ACT Government over the 2003 Canberra bushfires…
Storm claims set to top $2 billion
19 April 2010
Insurance claims from the severe storms in Perth and Melbourne last month look set to top $2 billion as the bill for the natural catastrophes continues to mount…