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Regulatory & Government

FMG refunds customers after misrepresentations

09 February 2026

New Zealand insurer FMG has agreed to pay $NZ2.1 million ($1.8 million) and to remediate thousands of customers after making misleading representations in relation to some policies...

ACT to consider community group pool

02 February 2026

The ACT government has rejected calls for a comparator website and other recommendations from an inquiry into insurance costs and availability...

SIRA consults on care provider regulations

02 February 2026

NSW’s State Insurance Regulatory Authority is seeking submissions on ways to improve healthcare provider oversight in the state’s personal injury schemes...

Workers’ comp fraudster sentenced

02 February 2026

A woman has been found guilty of 10 fraud-related offences after scamming more than $428,000 from the NSW workers’ compensation scheme...

Treasury consults on PI insurance reforms

15 December 2025

Treasury is seeking feedback on ways to “enhance the effectiveness” of professional indemnity insurance under a push to improve the Compensation Scheme of Last Resort...

Industry on hook for compo scheme funding shortfall

15 December 2025

Insurers must shoulder a portion of the $47.3 million special levy to shore up the Compensation Scheme of Last Resort, which has suffered a blowout in Australian Financial Complaints Authority unpaid determinations...

ICA hits out at ‘overlapping’ regulations

15 December 2025

Complying with “overlapping and expanding” regulations has come at great cost to productivity and consumer outcomes, according to the Insurance Council of Australia...

SIRA lays ground for injury scheme projects

15 December 2025

The State Insurance Regulatory Authority says three initiatives focusing on the role of health providers in personal injury schemes will move forward next year...

State to shut cladding agency

15 December 2025

Cladding Safety Victoria will stop operations at the end of its mission to rectify extreme- and high-risk buildings...

ASIC outlines code approval expectations

08 December 2025

The Australian Securities and Investments Commission says its code of practice approvals process considers an industry’s response to independent reviews and factors such as enforceability...