Banned broker gets jail term
25 February 2019
Former Arthur J Gallagher broker Antonino Gucciardi has been jailed for one year after facing charges brought by WA’s Major Fraud Squad…
Local
Parramatta rejects ‘nine minute’ flash flood warning
25 February 2019
Parramatta’s council has rejected a warning that its CBD precinct in western Sydney could be inundated by flash floods in “as little as nine minutes”…
NSW fires contained
25 February 2019
A number of large and destructive bushfires in northern NSW, including one near the border with Queensland, have been contained…
Watch cancelled as Oma threat fades
25 February 2019
A cyclone watch has been cancelled after initial projections showed Category 2 storm Oma could hit the southeast Queensland coast, including Brisbane, and northern NSW…
Townsville losses exceed $600 million
18 February 2019
Industry losses from the Townsville floods are climbing as insurers continue to assess the damage…
Insurers donate to Townsville floods relief
18 February 2019
QBE today announced a $100,000 donation to the Australian Red Cross disaster relief effort in Townsville…
North Queensland cattle losses ‘largely uninsured’
18 February 2019
Most farmers will not be covered by insurance following devastating flooding in Queensland’s northwest that is feared to have killed about 500,000 cattle, costing billions of dollars…
Small businesses ‘underestimate cyber threat’
18 February 2019
SMEs do not fully understand the threat of cyber attacks and the potential damage inflicted, a survey by Chubb reveals…
NSW fires maintain threat after destroying homes
18 February 2019
Bushfires in NSW continue to burn after destroying more than 20 homes last week, with dangerous weather conditions returning to the state’s north this week after several days of milder temperatures…
Data breaches up as criminals raise game
18 February 2019
The number of reported data breaches is rising, according to the latest quarterly report from the Office of the Australian Information Commissioner…
Hayne to ‘improve risk culture, reputation’
11 February 2019
Insurer risk culture and the sector’s community standing should be improved by the Hayne royal commission, ratings agencies S&P and Fitch say…
Townsville flood claims pass $165 million
11 February 2019
Insurance losses from the Townsville floods have reached about $165 million, with 13,560 claims received by yesterday morning…
‘Lessons still to learn’ a decade after Black Saturday
11 February 2019
Bushfires as devastating as the 2009 Black Saturday disaster could happen again and people and organisations are “not as prepared as we think we are”, an expert has warned…
Aon exec takes over NIBA presidency
11 February 2019
Eric Harris has been appointed President of the National Insurance Brokers Association, replacing Tim Wedlock…
El Nino threat remains
11 February 2019
There is a 50% chance of an El Nino developing this autumn or winter in the southern hemisphere, the Bureau of Meteorology says…
Regulatory reform weighs on industry
04 February 2019
Regulation and compliance is the top issue facing underwriters, according to this year’s JP Morgan Taylor Fry General Insurance Barometer…
Hayne final report released today
04 February 2019
The Hayne royal commission’s final report on financial services misconduct will be made public later today…
Townsville tackles floods as hail, fire costs mount
04 February 2019
Fires and floods continue to hit the country, with the Insurance Council of Australia declaring a catastrophe for Townsville policyholders…
January breaks heat records
04 February 2019
Australia has experienced its hottest January on record, with the nation’s mean temperature exceeding 30 degrees last month…
Queensland brokers reject ACCC commission ban
04 February 2019
The Council of Queensland Insurance Brokers has joined other industry players in opposing a recommended ban on commissions…