Brokers open up a new front in the war on taxes
03 April 2002
NIBA has joined the fight against insurance taxes with a novel approach that politicians will find hard to ignore…
Local
Public liability: it won’t happen overnight, but…
03 April 2002
Last week’s summit meeting promised much in the way of reform, but little in the way of instant action…
Will it result in lower premiums? Yes and no
03 April 2002
ICA Executive Director Alan Mason says the forum’s outcome was excellent, but it is up to individual insurers to price their premiums according to risk…
ACCC: what caused the premium rises
03 April 2002
Everyone else has been relatively benign towards the insurance industry during the great public liability debate, and Allan Fels’ ACCC resisted the temptation…
That ‘legal drift’ comment stirs lawyers
03 April 2002
The report by Trowbridge Consulting and parent company Deloitte Touche Tohmatsu that was presented at last week’s ministerial insurance summit has come under attack…
Victoria perseveres with its “corporate killing” law – and UK follows
03 April 2002
Victoria’s Crimes (Workplace Deaths & Serious Injuries) Bill is meeting tough resistance from the Victorian Employers’ Chamber of Commerce and Industry…
Insurers’ answers to the public liability puzzle
26 March 2002
Well, now we know what the insurers want for a balanced public liability regime…
Carr’s plan: caps, cuts and a bit of discouragement
26 March 2002
NSW Premier Bob Carr’s actions to stem the rising cost of public liability premiums takes top spot in a range of reports on the issue…
Fels blames insurers’ pursuit of market share
26 March 2002
ACCC Chairman Professor Allan Fels says insurance companies haven’t helped the rising premiums situation with their relentless pursuit of market share and disregard…
Survey proves that surveys don’t always make sense
26 March 2002
A survey investigating the rises in public liability premiums claims non-profit community groups could be paying higher premiums to cover for claims by other groups…
Victorian groups get a lifeline
26 March 2002
The organisers of Victorian small events and organisations hit by higher public liability premiums have been thrown a lifeline with a special insurance package…
Not as bad as it sounds
19 March 2002
The withdrawal of Suncorp Metway from the PI market has undoubtedly caused waves for the 80% to 95% of barristers the company used to cover in Victoria, Queensland and NSW…
PM points the liability bone at lawyers
19 March 2002
Prime Minister John Howard has blamed lawyers for encouraging litigation in Australia and consequently fuelling the current public liability crisis…
ICA undermines Democrats’ liability submission
19 March 2002
An Australian Democrats submission on public liability to be presented to the March 27 meeting of Commonwealth and state ministers, contains several flaws…
Liability, PI dominate HIH rescue package claims
19 March 2002
Liability claims make up a large component of overall claims under the Federal Government’s $640 million dollar HIH rescue package, and most of them will take time to settle…
Tourist operators demand action
19 March 2002
Rocketing public liability premiums are crippling local adventure tourism operators in the Victorian town of Mansfield…
IEC to share its admin load
19 March 2002
Insurance Enquiries & Complaints will share back-office functions with two other financial services dispute resolution schemes, the Australian Banking Industry Ombudsman…
High-rise warranty scrapped
19 March 2002
There were smiles all round last week when the Victorian and NSW governments launched the new builders’ warranty scheme…
HIH Royal Commission takes a break
19 March 2002
With the HIH Royal Commission legal team steadily peeling away the layers of the FAI/HIH deal with the confident ease of someone who already knows how the story ends…
Terri gets the first AFS licence
19 March 2002
Adelaide-based Terri Scheer Insurance Brokers is Australia’s first company to have been granted a licence under the Financial Services Reform Act…