Vehicle thefts down, but non-recovery problem lingers
30 November 2009
The theft rate for passenger and light commercial vehicles in Australia continued on a downward path in the September quarter, but profit-motivated non-recoveries continue to…
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Jumbo jet firefighter to be tested
30 November 2009
Australia will test a large air tanker for aerial firefighting early next year, during what could be a severe bushfire season…
OHS survey shows risk worries
30 November 2009
Reducing injuries, risk management and avoiding legal proceedings are the major occupational health, safety and risk management concerns facing more than 80% of Australian organisations…
Crisis highlights the need for ‘holistic’ risk approach
30 November 2009
The global financial crisis has underlined the need for firms to take a holistic approach to risk management, according to a leading expert from Zurich Financial Services Australia…
Macquarie survey highlights broking sector health
30 November 2009
A Macquarie Relationship Banking survey reveals employment within the broking sector is in robust health, with more than half of all firms planning to recruit more staff…
Royal commission releases fire services levy paper
24 November 2009
The Victorian Bushfires Royal Commission released a discussion paper this morning aimed at inviting comment on possible reforms to the fire services levy and insurance...
Insurers agree to preserve award conditions
23 November 2009
The Finance Sector Union has welcomed the insurance industry’s response to award negotiations, with most major companies agreeing to preserve employees’ key entitlements…
Bushfire recovery chief highlights underinsurance burden
23 November 2009
Victorian Bushfire Reconstruction and Recovery Authority Chairman Christine Nixon has identified underinsurance as a key lesson in the wake of the February 7 Black Saturday disaster…
General insurers top customer poll
23 November 2009
Despite the perception of insurance as a grudge purchase, insurance companies are top of the league in the eyes of their customers, a survey has found…
AM Best profit warning for Asia Pacific insurers
23 November 2009
Insurance profitability remains subdued across the Asia-Pacific region, according to the latest market overview by credit ratings agency AM Best…
Locals see merit in UK push for renters
23 November 2009
A new British insurance industry push to boost contents insurance among people in rented public and community housing has received positive yet qualified responses in Australia…
Bushfires batter NSW, Tasmania
23 November 2009
NSW experienced some of the state’s worst fire conditions on record during the weekend, with strong winds and temperatures soaring above 40 degrees…
NZ Government takes bikers’ levy protest on board
23 November 2009
The New Zealand Government says steep levy rises proposed for motorcyclists under the Accident Compensation Corporation comprehensive no-fault personal injury cover…
Melinda Howes appointed as actuaries’ leader
23 November 2009
The Institute of Actuaries of Australia has appointed Melinda Howes as CEO…
Insurers master the art of communication
23 November 2009
A leading Australian social researcher has credited insurers with using integrated communications to win over their customers…
Macquarie survey finds broking in robust health
16 November 2009
A hardening market, constant consolidation opportunities and growing revenues are keeping the smiles on insurance brokers’ faces, with a new Macquarie Relationship Banking survey…
Local insurance jobs holding up as US market falls
16 November 2009
Recruiters say Australia’s insurance employment market is holding up well, in contrast to a bleak picture from the US…
Liability pendulum swings
16 November 2009
Individual responsibility is returning as a valid issue after two new High Court decisions which significantly change the liability playing field in Australia…
Report warns of $63 billion rising ocean danger
16 November 2009
Residential buildings in Australia worth up to $63 billion could be inundated if sea levels rise 1.1 metres this century as a result of climate change, according to a new Federal Government…
Police investigate rise in car insurance fraud
16 November 2009
Scams in which cars are deliberately crashed to claim fraudulent insurance payouts are on the rise, according to Queensland police…