Regulatory & Government
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…
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…
29 August 2011
The House of Representatives inquiry into the insurance industry’s response to extreme weather events will hold public hearings in Queensland next month…
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…
29 August 2011
The Canterbury Earthquakes Royal Commission will begin public hearings in Christchurch on October 17…
29 August 2011
The Insurance Council of Australia has been invited to take part in the Federal Government’s tax forum in October…
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…
22 August 2011
Delays in settling insurance flood claims mean that costs are transferred from insurers to the public sector, according to a submission to the House of Representatives inquiry into the industry’s…
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…
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…
15 August 2011
Delays and confusion about policy wordings are recurring themes in two WA submissions to the House of Representatives inquiry into the operation of the insurance industry during disasters…
15 August 2011
The Australian Securities and Investments Commission has commended the insurance industry on its handling of motor claims…
15 August 2011
Christchurch City Council has approved a draft new city plan that will see buildings in the central business district restricted to seven storeys…
15 August 2011
The Royal Commission of Inquiry into Building Failure caused by the Canterbury Earthquakes has received its first technical report, which discusses earthquake standards and moving building…
15 August 2011
Delays to Solvency II implementation in Europe will not affect Australia’s timetable for increased capital standards…
15 August 2011
The NZ Financial Markets Authority continues to build its leadership teams and has also expanded its professional conduct committee for advisers…
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…
08 August 2011
The Federal Government’s push to create a simple superannuation fund product – My Super – is an opportunity for life insurers…
08 August 2011
The European Parliament has proposed delaying the Solvency II deadline to January 1, 2014…
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…