Scientists channel Indigenous hazard knowledge
04 November 2024
New Zealand scientists have worked with a Maori community vulnerable to earthquakes, tsunami, landslides and other natural hazards to reduce risk...
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Award-winning underwriter makes case for cyber pool
04 November 2024
Federally backed insurance pools or similar structures should be explored to manage the risks of cybercrime, an underwriting expert says...
Commercial rates continue to drop
28 October 2024
Marsh’s commercial rates index shows further declines in the Australian-dominated Pacific region, with a 6% drop in the third quarter...
Too many ‘everyday’ complaints being escalated, AFCA says
28 October 2024
The Australian Financial Complaints Authority says too many complaints that should be resolved at the company level are ending up with the external ombudsman scheme...
Attend our cyber seminar to boost awareness, understanding
28 October 2024
Cyber Security Awareness Month is coming to an end, but understanding this critical risk should be a year-round focus for industry professionals...
Consumer lobby, ASIC discuss expert report failings
28 October 2024
The Australian Consumers Insurance Lobby has held talks with the financial services regulator about the use of expert reports, as the parliamentary floods inquiry calls for greater oversight...
Hazards commission eyes reform after disaster review
28 October 2024
The Natural Hazards Commission Toka Tu Ake will make changes in response to an independent review of claims handling it commissioned following New Zealand’s North Island weather catastrophes...
Flood inquiry condemns ‘collective failure’
21 October 2024
The parliamentary floods inquiry has recommended reforms to ensure “the negative impacts of the next flood event or natural disaster are not further compounded by insurers’ poor claims and complaints handling”...
Strata concerns threaten entire industry’s reputation: AFCA
21 October 2024
Recent scrutiny of “appalling conflicts” in strata insurance will affect all brokers, the Australian Financial Complaints Authority has warned today...
NIBA Convention opens with street party, speeches
21 October 2024
Hundreds of delegates enjoyed a street-party welcome last night as the National Insurance Brokers Association Convention got under way in style in Adelaide...
In Insurance News magazine this month
21 October 2024
Our annual wellness survey makes the cover of the latest Insurance News magazine, and it’s a fascinating read...
‘Flood pool now’: Canadan industry’s bid to solve a very Australian problem
21 October 2024
Canadian insurers are pressing their government to finalise the introduction of a national flood cover program amid rises in severe weather losses that have paralleled the Australian experience...
Vero experts to examine benefits of collaboration in claims
21 October 2024
Experts from Vero and McLardy McShane will feature at the Insurance News Enhancing Collaboration in Claims Management webinar next month...
Industry presses PMs to address extreme weather threat
21 October 2024
The Insurance Council of Australia and its peers in the UK, Canada and New Zealand have urged British Commonwealth leaders to tackle worsening extreme weather challenges facing the bloc’s communities...
‘Positive sign’: industry finally stems losses in householders line
14 October 2024
The industry’s householders segment made an insurance service profit of $534 million in the June quarter and general insurers combined for an overall insurance service profit of $2.22 billion, prudential data released today shows...
Catastrophe season under way as experts predict stronger cyclones
14 October 2024
About 90% of catastrophe losses over the past decade have taken place between October and April, the Insurance Council of Australia warns today, as it urges residents and businesses to prepare for storm and bushfire threats...
Insurance News cyber seminar to tackle industry challenges
14 October 2024
Early bird tickets are now on sale for a half-day Insurance News seminar that will address trends and challenges in cyber cover...
Liability insurers await final word on building defects row
14 October 2024
A looming court decision on a residential building defect dispute could have implications for construction liability insurers, according to law firms following the case...
QBE data reveals extreme weather impact on schools
14 October 2024
Storms, floods and fires have accounted for more than 78% of school property insurance claims over the past decade, according to data from QBE...
Warning over ‘NRMA Insurance’ scam emails
14 October 2024
NRMA Insurance has warned of a scam involving an email purportedly from the insurer offering the chance to win a “car emergency kit”...