Brought to you by:

Regulatory & Government

Flood definition change ‘later this year’

29 August 2011

Changes to the Insurance Contracts Act to allow the adoption of a single definition of flood are likely to be introduced into Federal Parliament later this year, according to Insurance Council of Australia…

Brokers angry over FSL increases

29 August 2011

Brokers are furious over the Victorian Government’s lack of response to their concerns raised over a decision to raise fire service levies in regional areas by 30%, according to risk expert and industry…

Ex-Axa chief takes ACC reins

29 August 2011

The New Zealand Accident Compensation Corporation has appointed former Axa NZ CEO Ralph Stewart as its new CEO, effective from September 19…

ICA to have say on tax reform

29 August 2011

The Insurance Council of Australia has been invited to take part in the Federal Government’s tax forum in October…

FOFA’s future on a knife-edge

22 August 2011

Voting on the Federal Government’s Future of Financial Advice legislation is on a knife-edge, according to information gathered from independent MPs by insuranceNEWS.com.au late last week…

WA emergency management set for overhaul

22 August 2011

An inquiry into February’s Perth bushfires has called for greater co-ordination between emergency services and other government agencies in responding to disasters…

WA joins move to drop age barriers

22 August 2011

Age will no longer be a factor for WA’s workforce following the abolition of age-based limits on workers’ compensation claims…

Shorten wavers on commissions but keeps stamp duty

08 August 2011

Commissions on life insurance sold within superannuation might have survived the legislators’ axe, but the Federal Government won’t be doing anything to disturb the states’ stamp duty on…

Europe delays Solvency II

08 August 2011

The European Parliament has proposed delaying the Solvency II deadline to January 1, 2014…

Insurance tax removal on the agenda

01 August 2011

The Federal Government has put insurance taxes back on the national tax reform agenda, saying it’s an inefficient way to collect revenue…