17 June 2024
The Compensation Scheme of Last Resort has paid more than $360,000 to seven victims of financial services misconduct – its first payouts since the industry-funded redress program began on April 2...
17 June 2024
The Insurance Council of New Zealand has called for changes to proposed laws on a new streamlined decision-making process for infrastructure and development projects with significant regional or national benefits...
17 June 2024
Michael Pennisi has been appointed WorkCover Queensland CEO and will join the state’s Work Health and Safety Board...
17 June 2024
The Australian Prudential Regulation Authority has urged insurers to improve data back-up procedures after it observed common problems that can hamper restoration of hacked operations...
17 June 2024
New Zealand’s High Court has adjourned a trial over documentation supporting CBL Corporation’s initial public offer due to other legal action...
17 June 2024
The New Zealand government has extended its financial support for displaced residents following the Auckland floods and Cyclone Gabrielle last year, and the South Island floods in August 2022...
17 June 2024
The Australian Prudential Regulation Authority has finalised its cross-industry guidance on operational resilience after a consultation with insurers, banks, superannuation trustees and other stakeholders...
17 June 2024
The Australian Prudential Regulation Authority held a risk governance roundtable last month with the Insurance Council of Australia...
17 June 2024
The NSW government will introduce a bill to create the offence of industrial manslaughter and penalise businesses or individuals responsible for workplace death due to gross negligence...
17 June 2024
The University of Queensland will receive almost $600,000 in state government funding to research return to work practices for employees with early-stage lung dust diseases...
03 June 2024
The Albanese government has fixed wording errors in a bill that would have accidentally outlawed commissions for general insurance brokers and other intermediaries providing general advice...
03 June 2024
The Insurance Council of Australia says the NSW emergency services levy on insurance should be removed as soon as possible, as new data shows the extent of the burden on policyholders...
03 June 2024
The Albanese government says its Insurance Affordability and Natural Hazards Risk Reduction Taskforce will ensure a “cross-government approach” to risk reduction and “other near-term solutions”...
03 June 2024
A scheme that covers recovery costs for victims of motor theft will be rolled out across Queensland thanks to a government funding injection...
03 June 2024
Treasury calculates the general insurance industry will pay about $32.7 million in levies to fund the Australian Prudential Regulation Authority’s operational costs in the coming financial year, rising from $29.5 million in 2023-24...
03 June 2024
The Insurance Council of New Zealand has welcomed the budget’s resilience funding for communities hit by the Auckland flooding and Cyclone Gabrielle, while urging a continued focus on reducing risks...
03 June 2024
The Victorian government has announced a new round of investment grants focused on reducing workplace disease and illness risks...
27 May 2024
Artificial intelligence’s ability to “drill down” to an individual customer’s risk profile and set one-on-one insurance premiums “undermines the whole market model”, Greens MP David Shoebridge says...
27 May 2024
An Australian Securities and Investments Commission appeal against an unfair contract term decision that went in favour of Auto & General could be heard as early as August...
27 May 2024
Victorian regulator WorkSafe is cracking down on dangerous forklift use to address a common source of workplace risk...