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Victoria unprepared for second Black Saturday

22 February 2010

A repeat of last year’s deadly Black Saturday bushfires in Victoria is imminent unless resources are immediately poured into staffing, controlled burns and contingency plans…

Insurers warned over NZ’s ACC

22 February 2010

Protests against higher levies and other changes to New Zealand’s national accident compensation scheme are focusing on the potential for the private sector to take it over…

Insurers fight two fronts in fraud war

22 February 2010

An emphasis on detecting insurance scams could leave underwriters and brokers exposed to internal fraud, a leading risk analyst claims…

ICA appoints new CEO

15 February 2010

Suncorp insurance executive Robert Whelan is the new CEO of the Insurance Council of Australia…

Stable outlook forecast for brokers

15 February 2010

“Flat to slightly improved” financial outcomes are the tip for most Australian insurance brokers in the near future, while New Zealand brokers are finding the going a little harder…

Commodore is number one for thieves

15 February 2010

New figures show Holden’s VT Commodore (1997-2000) tops the list on volume and total value for profit-motivated car thefts in Australia, but Toyota Landcruisers are also…

Vero drops builders’ warranty insurance

08 February 2010

Australia’s largest provider of builders’ warranty insurance has announced it is pulling out of the market, evoking fresh memories of the post-HIH coverage crisis…

Compo dispute spurred attack on TIO

08 February 2010

The man who allegedly firebombed a downtown branch of the Territory Insurance Office in Darwin last week had previously disputed the insurer’s handling of his…

Final hurdle in HIH settlement

08 February 2010

Settlement in one of the final HIH Insurance legal actions is being postponed by the demands of a former Arthur Andersen partner to be released from the threat of future legal action…

Gold Coast cops a soaking

08 February 2010

Insurers are already fielding claims after Saturday night’s drenching in Queensland’s southeast, particularly the Gold Coast region where falls of up to 400mm in six hours…

The hard market has arrived

01 February 2010

Insurance premiums are finally marching upwards to avoid a soft market “bloodbath” according to the annual JP Morgan Deloitte General Insurance Industry Survey…

QBE leads broker perceptions

01 February 2010

QBE remains the insurer of choice for brokers, continuing a decade of dominance over its rivals…