Hungry roos drive up car crash numbers
23 June 2025
Vehicle crashes with kangaroos have increased over the past two years as low rainfall forces the marsupials to seek food outside their usual habitats, SA motoring club RAA says...
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Brooksight warns on rise in staged motor claims
23 June 2025
Brooksight Investigations is holding specialised training for its national team amid a rise in staged motor accidents designed to defraud insurers...
Insurance Council returns to hail-damaged town
23 June 2025
The Insurance Council of Australia will revisit the west Victorian town of Casterton next month to hold two consultation days concerning last October’s hailstorm...
Perils cuts Alfred loss estimate
16 June 2025
Catastrophe data group Perils has lowered its loss estimate for Cyclone Alfred by 12% to $2.25 billion, partly reflecting the volume of food spoilage claims...
Willis guides clients on ransom payment rule
16 June 2025
New disclosure laws increase the potential for regulatory liability associated with ransomware incidents, Willis is warning clients...
AFCA sides with claimants in crack quarrel
16 June 2025
Homeowners who sought a payout for wall crack damage have won a claim dispute after the complaints authority rejected their insurer’s applied exclusions...
In Insurance News magazine this month
16 June 2025
Cyclone Alfred failed to live up to the worst-case scenario – but it was still a significant loss event and a warning shot that can’t be ignored...
MTAA forum invites smash repair code feedback
16 June 2025
The Motor Trades Association of Australia will hold an online forum for industry members to provide input on its forthcoming insurance repairs code of conduct revamp...
Industry makes $1 billion profit as pressure remains on householders
02 June 2025
The industry made a net profit after tax of $1.11 billion in the March quarter, with insurers contributing $990 million and reinsurers $123 million, according to the latest Australian Prudential Regulation Authority data...
NSW flood claims pass 8700 with recovery under way
02 June 2025
The number of NSW flood claims lodged has climbed to 8726, the Insurance Council of Australia said this afternoon...
‘Prolonged drought’ poses fire risk in Victoria, SA
02 June 2025
Parts of west, central and southeast Victoria and the southern coast of SA are expected to have increased bushfire risk over winter...
ICA wants regulator backing for common definitions
02 June 2025
The Insurance Council of Australia will this year seek regulatory approval for standard policy definitions of home maintenance and wear and tear, as it also moves ahead with a revamp of the industry code of practice...
Risk officers on alert over cybersecurity, conduct
02 June 2025
Asia-Pacific chief risk officers rank cybersecurity as their top concern, while conduct and operational resilience are also among their leading worries...
NZ insurers suffer reputation hit amid cost crises
02 June 2025
A survey has revealed growing mistrust of insurers in New Zealand as consumers continue to flag affordability concerns...
NSW flood claims escalate as recovery begins
26 May 2025
Insurers have received more than 4100 claims, with numbers rising quickly, following the severe flooding across the NSW Mid North Coast, Hunter and Greater Sydney regions...
‘Hard pill to swallow’: premium disparity maps out Sydney flood threat
26 May 2025
Residents in the Hawkesbury region face the highest average home insurance premiums across Sydney’s 24 local government areas, at $7033 a year, analysis by Finity reveals...
Staffing, cyber threats keep insurance SMEs up at night
26 May 2025
Small business owners in the insurance and finance sector are more worried about cyberattacks and staff turnover and shortages than a year ago, a survey has found...
Natural hazard recovery costs ‘drag on NZ economy’: IAG
26 May 2025
New Zealand has recorded $NZ64 billion ($59.08 billion) of natural hazard costs since 2010, with expenditure favouring recovery rather than long-term resilience, according to IAG
Cyclone pool ‘delivering price cuts’
19 May 2025
The cyclone reinsurance pool is bringing significant premium reductions for homeowners in the highest-risk areas and affordability benefits for small businesses, an analysis has shown...
Cyber threat tipped to rise as data breaches reach new heights
19 May 2025
Data breaches reported by businesses and government agencies climbed to a record number last year, driven by criminal attacks...