FSL campaign put on back-burner
16 November 2004
The fire services levy campaign in NSW and Victoria won’t be at the top of the industry’s agenda for 2005 because it’s just too hard to get politicians to take note…
Local
Knott’s code views accepted
16 November 2004
ICA has accepted all recommendations from former Australian Securities and Investments Commission Chairman David Knott regarding its revised general insurance…
Terrorism unit writes $55 million
16 November 2004
A specialist reinsurance company set up to provide reinsurance cover for terrorism losses has recorded $55 million in premiums in its first year – without any claims…
Hawker elected ICA President
16 November 2004
ICA Deputy President Michael Hawker has been elected President for 2005…
Storms lash southeast Queensland
16 November 2004
Southeast Queensland took a battering last week when storms and hail hit, leaving more than 2000 homes without power and a hefty damage bill…
Weather’s not the only issue
16 November 2004
Insurers have a plethora of new and increased risks to manage, and it’s going to take a lot of industry discipline to get on top of them, according to IAG CEO Michael Hawker…
Pursuit of youth recruits
16 November 2004
An insurance veteran has called for the insurance industry to make itself more attractive to young people and even to recruit young staff from South-east Asia
Special needs call
16 November 2004
The insurance industry is neglecting its duty to ensure that consumers understand what they are buying, says Sandra Handley…
Premiums report misleading, says ICA
09 November 2004
ACT Chief Minister Jon Stanhope has a law degree and has spent most of his career as a political apparatchik…
South Sea shipwreck: Dominion takes to lifeboats
09 November 2004
Cairns-based underwriting agency Dominion Underwriting has ceased placing insurance with Philippines-based unauthorised foreign insurer South Sea Surety…
Class cancelled for HIH ex-chief
09 November 2004
Former HIH Insurance Chief Executive Ray Williams had a rare court victory last week when a Federal Court class action against him was struck out due to a lack of precision…
Businesses win $32 million compensation
09 November 2004
After six years the Victorian Supreme Court approved a $32 million compensation package yesterday for 500 businesses affected by an explosion at the Longford gas plant in 1998…
National workers’ comp showdown looms
09 November 2004
Canberra’s approval for Optus to shift its workers’ compensation to a national scheme will be examined in a Federal Court case on November 25…
Car parts code starts up
09 November 2004
Work is under way to set up a body to administer a new code of practice for auto part recyclers…
States back Hardie enforcement
09 November 2004
The other states have backed a NSW move to legislate to force James Hardie Industries to compensate asbestos victims…
Weather in 3-D
09 November 2004
A new book from the Bureau of Meteorology – Drought, Dust and Deluge – could be a good Christmas stocking-filler for insurance executives…
No sixes for cricketers
09 November 2004
Liability concerns are preventing cricketers at a sports ground at the leafy Melbourne eastern suburb of Glen Iris from whacking a six to the boundary…
Actuary of the year, actually
09 November 2004
IAG Chief Risk Officer and Group Actuary Tony Coleman has been named Actuary of the Year 2004 for his achievements in risk management…
ASIC to review Marsh procedures
02 November 2004
The Australian Securities and Investments Commission says it will review particular remuneration structures provided by Marsh…
Dominion puts UFI business on hold
02 November 2004
Queensland-based underwriting agency Dominion Underwriting has suspended operations while it reviews its overseas security…