AICLA appoints independent chairman
18 February 2003
Insurance Enquiries and Complaints CEO Sam Parrino has been appointed as the independent chairman of AICLA’s Disciplinary Committee…
Local
Sunrise Exchange wins ‘Best E-Commerce Product’ award
11 February 2003
InsNet’s web-based transaction platform for the insurance industry, Sunrise Exchange, has walked away with the “Best E-Commerce Product or Service” title…
IFSA and FPA prepare for critical onslaught
11 February 2003
The joint Australian Consumers Association/ASIC survey of financial planners, which we reported on last week, will be officially revealed at a launch in Sydney today…
Lost containers worry NZ insurers
11 February 2003
The Insurance Council of New Zealand is launching a campaign to make mariners aware that more than 10,000 shipping containers swept overboard from cargo ships each year…
Coonan pushes the message on taxes
11 February 2003
Assistant Treasurer Helen Coonan continued to push the state tax issue in the Senate last week, highlighting the link between underinsurance and taxation on insurance…
UAC appoints new chairman
11 February 2003
Paul Lynam, MD of SRS Insurance Group, has been elected the new Chairman of the Australian Underwriting Agencies Council for 2003…
Phillips Fox lawyers in guide to the best
11 February 2003
An international poll conducted by Euromoney Legal Group ranks six Phillip Fox insurance lawyers among the world’s best…
AILA’s founder wins top award
11 February 2003
John Hastings, joint founder of the Australian Insurance Law Association, has been awarded the AIDA medal by the International Association for Insurance Law…
Canberra bushfires to cost $250 million
04 February 2003
Canberra’s bushfire insurance bill is estimated at $250 million, although some industry insiders suggest it may climb as high as $300 million…
Local industry will withstand bushfire crisis says S&P
04 February 2003
The industry may have to change its laid-back attitude to policyholders living in houses surrounded by bushland, but insurers certainly won’t have any trouble paying claims…
Brokers get a bigger slice of the cake
04 February 2003
Brokers are moving into 2003 enjoying a resurgence of inflence in the market, according to NIBA CEO Noel Pettersen…
APRA says planned litigation against UMP puts doctors at risk
04 February 2003
Doctors’ planned litigation against UMP is “unhelpful” and could put the insurance of hundreds of doctors insured by the group at risk, according to APRA…
Liability insurance is competitive
04 February 2003
Competition in the public liability area is sufficient to ensure efficient and cost-effective claims management practices in Australia…
Robert Porter to sue run-off operation
04 February 2003
Robert Porter is back in the courts…
HIH Royal Commission update
04 February 2003
The HIH Royal Commission has had its deadline for handing over its findings to the Federal Government extended from February 28 to April 4…
Public liability: a national issue
17 December 2002
The year started out with the beginning of what rapidly became known to the media as the “insurance crisis”…
Terrorism Insurance: a whole new quandary
17 December 2002
The devastating terrorist bomb attack in Bali dominated media headlines in October…
Medical indemnity: a doctored result
17 December 2002
The initial signs of trouble with medical indemnity insurer Australasian Medical Insurance Ltd – United Medical Protection’s fully owned insurance company – came to light…
HIH Royal Commission: the industry’s shame
17 December 2002
Early in the year the HIH Royal Commission investigations into FAI’s financial reinsurance arrangements with General & Cologne Re began…
Insurance taxes: brokers campaign
17 December 2002
In April NIBA unveiled its campaign to lobby state and territory governments to abolish insurance taxes…