19 April 2010
Thousands of Australian passengers stranded by the Icelandic volcano eruption should be covered under travel insurance, but exposure to the freak event is far greater for the airlines’ insurers…
19 April 2010
Two crewmembers from the stricken bulk carrier Shen Neng 1 have been charged by federal police as oil from the tanker washed up on a beach on Queensland’s southeast…
12 April 2010
The owner of the Chinese bulk carrier Shen Neng 1 that ran aground on Douglas Shoal in Queensland on April 3 says “proper and adequate” hull and liability insurance is in place…
12 April 2010
Insurance claims from the wild storms in Perth and Melbourne last month have topped $1.5 billion following a rash of new claims in WA…
12 April 2010
The local insurance industry must get to grips with changing technological times, according to QBE CEO Australian Operations Terry Ibbotson…
12 April 2010
Leading personal lines insurer GIO says it won’t pursue the Federal Government to recover claims costs arising from the dodgy home insulation debacle…
12 April 2010
The stability of Australia’s insurance sector has been confirmed by ratings agency Moody’s…
12 April 2010
The High Court has ruled against QBE in a high-profile workers’ compensation case, leaving the insurer liable for more than $350,000…
12 April 2010
The High Court has paved the way for local councils to pursue failed investment firm Lehman Brothers over their investment losses…
12 April 2010
A New Zealand High Court stoush between ANZ National and Tower Insurance over a $70 million premium book has moved to the NZ Court of Appeal…
29 March 2010
Insured loss estimates from the Melbourne hailstorm on March 6 have risen 68% in little over a week to $830 million…
29 March 2010
Hailstorms that pounded Perth last week have reaped a damage bill of $203 million thus far, insurers say…
29 March 2010
The Victorian Government has followed NSW in axing the privatised builders’ warranty insurance market and will take over the scheme…
29 March 2010
HIH creditors will recover more of their lost money after liquidator Tony McGrath settled a $450 million claim against the collapsed insurer’s financial advisers and reinsurers…
29 March 2010
Councils in New Zealand will be liable for damages caused by shoddy workmanship after a Court of Appeal decision last week…
29 March 2010
Claims are slowly building in the wake of Cyclone Ului, which tore through the Whitsundays and Queensland central coast earlier this month…
29 March 2010
GIO has moved to clarify its position following consumer fears that insurers won’t pay out if dodgy home insulation jobs result in a house fire…
29 March 2010
Car theft continues to steadily fall in Australia, with an 11% drop in the number of cars and light commercial vehicles stolen last year…
29 March 2010
Why is Wesfarmers, a conglomerate specialising in resources companies and giant retail operations, investing in the volatile business of insurance..?
22 March 2010
The Victorian Bushfires Royal Commission put insurance under the microscope last week as it considered the central issues of taxes and underinsurance…