SIRA conducts customer experience survey
03 August 2020
The NSW State Insurance Regulatory Authority is seeking customer feedback on the state’s workers’ compensation, compulsory third party and home building compensation insurance schemes...
Regulatory & Government
NZ regulator lists priority COVID risks
03 August 2020
New Zealand’s Financial Markets Authority has outlined six priorities for the next three to six months as it continues to respond to COVID-19 issues...
icare review to improve vulnerable customer support
27 July 2020
NSW state insurer icare aims to improve its support of vulnerable customers through an upcoming review...
Bushfire inquiry deadline extended to October
27 July 2020
The Royal Commission into National Natural Disaster Arrangements will deliver its findings on October 28 after being granted a two-month extension...
APRA extends capital guidelines for rest of 2020
27 July 2020
The Australian Prudential Regulation Authority will this week update its capital management guidance for insurers, extending special COVID guidelines it issued in April to the end of the year, though making the rules more “flexible.”..
‘Save CTP’ campaign underway in Queensland
27 July 2020
Lawyers and unions have kicked off a “Save our CTP” campaign in Queensland and are seeking support from politicians to prevent changes to the state’s compulsory third party insurance scheme after the next election...
ACT cracks down on ‘shifty’ construction work
27 July 2020
A new team of government building certifiers in the ACT will break the link between building firms and inspectors in a further crackdown on “dodgy” property developers...
Industry pushes for bushfire risk rating transparency
20 July 2020
Greater access to bushfire attack level ratings could help tackle the underinsurance problem in at-risk areas, industry representatives have told a Senate inquiry...
ICA seeks national action on disaster data sharing
20 July 2020
The Insurance Council of Australia has called for action to overcome Privacy Act concerns that are limiting the sharing of state government data on natural disaster impacts...
icare advocate to review NSW government workers’ comp
20 July 2020
NSW state insurer icare says Customer Advocate Darrin Wright will lead a review of its Treasury Managed Fund personal injury business, which provides workers’ compensation cover for government agencies...
ICA supports Green Building Council homes project
20 July 2020
The Insurance Council of Australia has signed on as a supporting partner of the Green Building Council Australia’s Future Homes project, which aims to lift construction standards...
WA’s injured workers to get treatment funds in a day
20 July 2020
WA’s Insurance Commission has cut payment terms from 20 days to just 24 hours for pre-approved injury treatment from next month...
Industry ramps up case for ESL removal at Senate inquiry
13 July 2020
The insurance industry made another united push for tax reforms at a Senate inquiry on Friday, saying the NSW Emergency Services Levy and other insurance duties will worsen the under-insurance problem as the virus-hit economy weakens further...
Time for a hazard protection code on new builds: ICA
13 July 2020
Australia’s National Construction Code is “failing the community” by not stipulating a performance outcome for protecting the property beyond the saving of lives, the Insurance Council of Australia has told a royal commission hearing...
SIRA sets out guiding principles as pandemic continues
13 July 2020
The NSW State Insurance Regulatory Authority has adopted 10 regulatory principles to inform its work as it adapts to changes including the COVID-19 pandemic...
Mental health a 'small but growing claims area'
13 July 2020
The rate of psychological injury claims among workers is increasing, with almost a third of all COVID-19 related claims lodged with icare related to mental health, the NSW state insurer says...
Authority appoints fire safety engineer
13 July 2020
The Victorian Building Authority has appointed Weng Poh as its Principal Fire Safety Engineer in a bid to raise the issue of fire safety among the state’s 24,000 builders, building surveyors and other practitioners...
ICA welcomes NSW report urging abolition of ESL, insurance taxes
06 July 2020
The Insurance Council of Australia "strongly supports" the findings of the draft NSW Review of Federal Financial Relations report, which recommends the abolition of all state insurance taxes...
NZ fire levy reform delayed by COVID focus
06 July 2020
Fire and Emergency New Zealand funding reform progress will be delayed until after this year’s general election due to the Government’s focus on the COVID-19 pandemic...
VMIA snares Lloyd’s Singapore CEO for Melbourne role
06 July 2020
Angela Kelly, Lloyd’s Singapore CEO since November 2016, will relocate to Melbourne to take on the role of Chief Insurance Officer at The Victorian Managed Insurance Authority in September...