McGrath takes on Government in his bid for cash
19 November 2002
HIH liquidator Tony McGrath brought the HIH/FAI scandal to new depths last week when he filed a lawsuit against the Government regulators which approved the sale of FAI to HIH…
Local
Tort law reforms won’t be uniform
19 November 2002
Federal and state governments are taking similar but not completely uniform approaches to tort law reform after Friday’s ministerial meeting of Treasury heads in Brisbane…
PWC report shows premiums will reduce
19 November 2002
Ministers at the Brisbane meeting were also briefed on an actuarial report from PricewaterhouseCoopers which found the Ipp package could immediately reduce premiums by about 13.5%…
IBNA retracts comment on premium funders
19 November 2002
A backlash from the premium funding sector has caused IBNA CEO Paul Serong to retract a comment that could have suggested premium funders are “robbing IBNA of income”…
Dispute facility is now independent
19 November 2002
ASIC has approved the Insurance Brokers Disputes Limited in relation to Policy Statement 139 – Approval of External Complaints Resolution Schemes…
IEC has plenty to talk about
19 November 2002
September 11, the Ansett Airlines and OneTel collapses, the HIH Royal Commission, Enron and WorldCom corporate collapses, the global capital shortage, a loss of consumer…
Aussie educators take China by storm
19 November 2002
A five-day tour of China showcasing Australian excellence in finance education and training has been rated a big success…
NT confusion will probably end in court
19 November 2002
Determining how “normal” weekly earnings are calculated for people injured at work is an issue that workers’ compensation insurers in the Northern Territory are expected…
ICA disputes Ipp “attack” on insurers
12 November 2002
Justice David Ipp, who has chaired the review of liability law that is leading to major reforms around the country, isn’t likely to confirm or deny what he said at last week’s meeting…
Legal privilege upheld by High Court
12 November 2002
The High Court has told the ACCC that it cannot compel a business to produce documents that are covered by legal privilege…
NZ BIA to decide fate of independent certifiers
12 November 2002
New Zealand’s Building Industry Authority will decide the fate of the country’s independent certifiers (building inspectors) in the next few days by deciding whether to reject or accept…
ANZIIF wins Asia education award
12 November 2002
ANZIIF has been awarded the “Educational Service Provider of the Year” award at Asia Insurance Review’s Asia Insurance Industry Awards…
Insurance law expert Meagher dies
12 November 2002
Well-known insurance law specialist Nick Meagher, who died last week, was farewelled yesterday by a large contingent of industry and legal figures in Sydney…
IBNA/Alliance deal stirs competition
05 November 2002
A turf war is developing in the burgeoning premium funding market…
Training body releases draft report for feedback
05 November 2002
To ensure the industry standards keep pace with the changes in the financial services industry, the National Finance Industry Training Advisory Body has released…
Bracks back-burns before election
05 November 2002
Victorian Premier Steve Bracks may have headed off possible criticism from vital rural voters of the state’s expensive and inefficient fire services funding system…
Victoria’s WorkCover system: better or worse?
05 November 2002
As Victorians prepare for a media onslaught leading up to the November 30 state election announced yesterday, the debate on the health of the state’s WorkCover system…
Victorian broking identity dies
05 November 2002
Well-known Melbourne broker Sam Cilmi died at the weekend…
IAG needed broker business, Hawker tells NIBA audience
29 October 2002
Australian brokers have nothing to fear and nothing to lose following IAG’s acquisition of CGU, according to IAG CEO Michael Hawker…
At last! Terrorism cover gets organised
29 October 2002
The Federal Government has set up a national scheme to provide insurance protection against future terrorist attacks…