Regulatory & Government
16 December 2019
The NSW State Insurance Regulatory Authority is consulting on compulsory third party arrangements for taxis and ridesharing services such as Uber after transitional requirements expire next December...
16 December 2019
The Australian Competition and Consumer Commission has warned tradespeople against using anti-competitive pricing following natural disasters...
16 December 2019
An early intervention program backed by claims manager EML has proved so successful at reducing costs and lost workdays for injured staff that it has been adopted by all NSW public hospitals...
09 December 2019
The Victorian Government will review the outsourcing of workers’ compensation complex claims to agents that include insurers after an Ombudsman report said the current system is delivering some results that are unjust and “downright immoral”...
09 December 2019
New Zealand will consult further on plans to remove unfair contract terms insurance exemptions as it considers aligning the rules with proposed changes in Australia...
09 December 2019
Cold call telephone sales of direct life insurance and consumer credit insurance will be banned from the middle of next month...
09 December 2019
RACQ Insurance has welcomed new laws stopping uninvited phone calls from “claim farmers” relating to car crashes, but says the new legislation does not go far enough...
09 December 2019
The NSW State Insurance Regulatory Authority is seeking injury management consultants in the workers’ compensation system and authorised health practitioners for the compulsory third party scheme...
09 December 2019
WA is preparing residents for a high-risk bushfire season with a media blitz to raise awareness, while Victoria has gone on the attack with the formation of a fleet of 50 firefighting aircraft...
02 December 2019
Claims handling will become a financial service overseen by the Australian Securities and Investments Commission from July under draft legislation released on Friday...
02 December 2019
Unfair contract terms reforms that insurers say create too much legal uncertainty and may be detrimental to consumers have been introduced to Federal Parliament...
02 December 2019
Insurance and Care NSW will give larger clients the option of working with three additional workers’ compensation claims management agents, to enhance “choice and flexibility”...
02 December 2019
State and territory governments have collected a combined $54.7 billion from insurance taxes over the past 12 financial years, according to an Insurance Council of Australia submission...
02 December 2019
NSW should scrap all taxes and duties on general insurance products, IAG says, calling the adoption of such a move “an important first step” that would help address the state’s under-insurance problem...
02 December 2019
Customers affected by this month’s bushfires in NSW and Queensland are being offered assistance with various company-related fees they may owe...
02 December 2019
Using insurance to cover workplace safety breach penalties will be illegal under a NSW Parliamentary bill introduced ahead of possible national reforms...
02 December 2019
The NSW State Insurance Regulatory Authority says rising services use is driving surging healthcare costs in the workers’ compensation scheme...
02 December 2019
Australia’s financial regulators have agreed to a new mutual accord aimed at improving cooperation and information sharing between the pair...
02 December 2019
The Australian Prudential Regulation Authority should consider picking up the pace on its integration of new accounting standards into capital reporting requirements, the Insurance Council of Australia says...
02 December 2019
Australian Prudential Regulation Authority Chairman Wayne Byres says its proposals to overhaul remuneration standards to improve financial sector culture have caused “a fair amount of angst”...