12 November 2018
The Hayne royal commission published hundreds of submissions last week, including potentially vital responses to the “policy questions” document that followed the insurance round of hearings in September…
12 November 2018
The Australian Prudential Regulation Authority today announced the terms of reference for reviewing its enforcement strategy…
12 November 2018
A Treasury bill that would overhaul the way financial products including insurance are sold has been backed by the Senate Economics Legislation Committee…
12 November 2018
The Insurance Council of Australia has backed a Grattan Institute report urging state and territory governments to ditch insurance stamp duties and emergency services levies…
12 November 2018
Treasury is seeking feedback on the tax impacts of a new accounting standard for insurance contracts…
12 November 2018
The NSW Government is to increase the maximum jail sentence for bushfire arson from 14 years to 21 years…
05 November 2018
Malicious or criminal attacks accounted for 57% of reported data breaches in the September quarter, followed by human errors on 37%…
05 November 2018
Insurers have pressed their case for product design and distribution legislation changes at a Senate committee inquiry, and will seek more clarity from the regulators…
05 November 2018
The Australian Prudential Regulation Authority will receive $58.7 million in new funding over the next four years, and Chairman Wayne Byres has been reappointed to run the regulator for another five years…
05 November 2018
Litigation funder IMF Bentham and William Roberts Lawyers will launch a class action for property owners who have been forced to pay for the removal of combustible polyethylene-core cladding from their buildings…
05 November 2018
The Australian Prudential Regulation Authority has argued against any watering-down of the duty of disclosure in its submissions to the Hayne royal commission…
05 November 2018
The Australian Financial Complaints Authority started work, supporting independent committees that monitor compliance with industry codes of practice…
05 November 2018
Introducing property coverage that responds to cyber terrorism will be considered as part of the Australian Reinsurance Pool Corporation’s research on digital threats…
05 November 2018
The New Zealand Government has provided $NZ50 million to the Earthquake Commission to continue covering catastrophes after the Canterbury and Kaikoura earthquakes depleted the state-owned insurer’s Natural Disaster Fund…
05 November 2018
A Victorian man will stand trial for fraud over allegations he was paid premiums for fake insurance policies…
05 November 2018
A review of WorkSafe ACT has recommended it be restructured as a standalone entity…
05 November 2018
About $117 million was returned last financial year to consumers who bought add-on products from motor vehicle dealers, the Australian Securities and Investments Commission says…
29 October 2018
A Safe Work Australia independent review will likely include recommendations on insurance covering workplace health and safety breaches, with a Senate committee report this month fuelling debate on whether it should be banned…
29 October 2018
Enforceable undertakings imposed by the Australian Securities and Investments Commission are deterring bad behaviour, according to a University of NSW study.
29 October 2018
The Australian Financial Complaints Authority has outlined its strategy before its official launch on Thursday…