Local
23 May 2022
A surge in mould outbreaks caused by conducive weather conditions in south-east Queensland is causing chaos for homeowners and could complicate insurance claims in the flood-hit area...
23 May 2022
Australia has the highest rate of tech managers reporting their organisation is unprepared to cope with a targeted cyberattack, a survey has found...
23 May 2022
Driving into flood water may be considered a reckless act by insurance providers, and claims for flood water damage may be refused in some instances, Eric Insurance says...
23 May 2022
Queensland and NSW flooding has highlighted the need for action to prevent damage from future catastrophes, Floodplain Management Australia President Ian Dinham says...
16 May 2022
Queensland storms over the past week have led to a further influx of claims as the industry deals with impacts from this year’s record-breaking flooding...
16 May 2022
The Australian Amusement, Leisure and Recreation Association has pledged to push on with its proposed discretionary mutual fund to address the insurance crisis facing its members, despite a Federal Government decision not to back it...
16 May 2022
Climate change and class actions if left unchecked could be a major contributor to rising insurance costs and are key issues on the Australian risk radar, along with the pace of regulatory change, a Global Insurance Law Connect report says...
16 May 2022
Catastrophe data company Perils has slightly reduced its loss estimate for southern Australia severe storms that lashed three states with hail, heavy rainfall and wild winds...
16 May 2022
Transport and logistics specialist insurer National Transport Insurance is creating a new training program to improve road safety in the dairy industry...
16 May 2022
Torrential rain, thunderstorms and flash flooding across Auckland and much of New Zealand’s North Island in March has led to 7647 claims so far worth an estimated $NZ79.61 million, Insurance Council of New Zealand says...
09 May 2022
The Climate Council has released a report projecting more than half a million homes may not have insurance protection by the end of this decade, the result of political inaction on fossil fuels usage...
09 May 2022
The consequences of flooding and not just the probability needs to be taken into account as climate change and expanding urban populations bring increasing risks, a report released by the Insurance Council of Australia says...
09 May 2022
A Risk Frontiers research trip to northern NSW flood-hit regions has found that “without exception” residents in all areas visited expressed alarm at the speed with which water levels rose and surprise at the ultimate height they reached...
09 May 2022
The Insurance Council of Australia has scheduled six in-person forums in northern NSW to assist policyholders hit by the recent flooding...
09 May 2022
The number of Australian-region tropical cyclones in the season just finished was below the long-term average, the Bureau of Meteorology says...
09 May 2022
New Zealand’s Earthquake Commission has awarded an annual prize to a revolutionary sliding hinge joint innovation that advances lower damage, affordable seismic engineering...
02 May 2022
Commercial rates in the Pacific market – in which Australia makes up 80% of business – have risen slower than global levels for the first time in more than four years, according to Marsh’s latest price monitor for the March quarter...
02 May 2022
A Macquarie Bank business sentiment survey has found “remarkable resilience” among brokers and the broader general insurance intermediary sector in the way they have responded to pandemic-related challenges...
02 May 2022
Climate models are suggesting above average winter and spring rainfall is possible this year, with the potential for a waning La Nina to be followed by another wet weather driver...
02 May 2022
Insurers need to find the right balance between digital engagement and a more personal, voice-to-voice customer experience when catastrophes strike, Xceedance Australia Associate VP of Client Solutions Francine Davis says...