21 March 2016
The Insurance Council of Australia’s submission to a Law Reform Commission of WA discussion paper on the introduction of provisional damages says provisional payments should only be available for claims relating to asbestos and dust diseases with long latency periods…
14 March 2016
The NSW Government has announced a review of its compulsory third party model, with Minister for Better Regulation Victor Dominello slamming the scheme as “inefficient and unsustainable”…
14 March 2016
The Australian Securities and Investments Commission has released its first assessment report on the cyber resilience of the Australian Securities Exchange and Chi-X…
14 March 2016
The Insurance Council of Australia supports a mandatory notification regime for serious data breaches, but cautions the system should be “pragmatic”, with minimal regulatory burden on companies…
14 March 2016
Suncorp has spoken out in support of a no-fault lifetime-care compulsory third party scheme in Queensland…
14 March 2016
The point-to-point transport industry’s compulsory third party model, including rise-share services like Uber, is to be reviewed by the NSW Government…
14 March 2016
The Reserve Bank of New Zealand has updated its guidelines for insurer data collection…
07 March 2016
They were lining up at the Insurance Council of Australia annual forum to denounce state-based insurance taxes…
07 March 2016
The Australian Securities and Investments Commission has vowed to act against inappropriate sales of add-on insurance products, amid growing concerns of consumers being misled…
07 March 2016
Suncorp-linked Citywide Insurance Brokers and Financial Planners, iSelect and wealth manager Wilson HTM have stopped using the term “independent” to market their businesses, following concerns expressed by the Australian Securities and Investments Commission…
07 March 2016
ReturnToWorkSA has performed a major about-face on a draft policy that would have prevented many SMEs from self-insuring…
07 March 2016
The Australian Securities and Investments Commission wants further improvements to the way home insurance is sold…
07 March 2016
Insurance fraud costs the NSW motor accident compulsory third party scheme an estimated $150 million a year, and the State Government has decided it’s time to crack down…
07 March 2016
“Adverse” consequences will follow if marine insurance contracts are governed by small business unfair contract terms law, the Insurance Council of Australia warns…
29 February 2016
Ace will pay $1 million to financial counselling and literacy initiatives and a “significant sum” to compensate customers following mis-selling at its subsidiary Combined Insurance…
29 February 2016
Consumers often yield to car dealers’ pressure to buy add-on insurance products such as motor cover, according to a report from the Australian Securities and Investments Commission…
29 February 2016
ReturnToWork SA has produced a draft policy that would stop SMEs in the state self-insuring…
29 February 2016
Queensland Treasurer Curtis Pitt has launched a public awareness campaign to highlight the state’s proposed no-fault compulsory third party (CTP) insurance scheme…
29 February 2016
The Australian Border Force has initiated a review of its asbestos controls…
22 February 2016
The Building Ministers Forum has agreed “a range of measures” to address safety concerns associated with non-compliant building cladding on high-rise buildings…