Regulatory & Government
29 October 2018
The Australian Prudential Regulatory Authority is reviewing the resources and governance structure around its enforcement powers after the Hayne royal commission questioned why it isn’t using its court-based sanction powers…
29 October 2018
Australian Securities and Investments Commission Chairman James Shipton is “attuned and very alert” to suggestions the regulator has been too supportive of the companies it oversees…
29 October 2018
The Motor Accident Commission in SA will “wind down” next July…
29 October 2018
New Zealand’s Financial Markets Authority has published its annual report, focusing on efforts to improve culture in the insurance and banking sector…
29 October 2018
The past year should be remembered as a milestone in the privacy landscape, Australian Information Commissioner and Privacy Commissioner Angelene Falk says…
29 October 2018
Insurance & Care NSW has named family-owned Buildcorp as the winner of last month’s Aware award, recognising efforts to enhance workplace safety behaviour…
22 October 2018
The National Insurance Brokers Association has called for insurance to be withdrawn from new legislation designed to help eradicate the mis-selling of financial products…
22 October 2018
Australian Securities and Investments Commission Chairman James Shipton has urged Parliament to quickly pass laws to help the regulator crack down on poor behaviour…
22 October 2018
The Insurance Council of Australia has joined global peers in calling for a two-year delay on implementation of a new accounting standard for insurance contracts…
22 October 2018
A national reinsurance pool to cover injuries suffered in driverless car crashes is among policy options reached by the National Transport Commission…
22 October 2018
The NSW Government has passed reforms to its dispute resolution scheme for workers’ compensation claims…
22 October 2018
Treasury’s revised draft laws for the Consumer Data Right regime have been labelled “still too broad” to sufficiently protect insurers’ underwriting data…
22 October 2018
The Victoria Cladding Taskforce has warned buildings with combustible cladding will cost more to insure…
22 October 2018
The Australian Reinsurance Pool Corporation had about $13.4 billion in funding capacity for terrorism-related claims last financial year…
15 October 2018
The Australian Prudential Regulation Authority has bowed to criticism of its approach to poor conduct following the Hayne royal commission and will review its processes…
15 October 2018
A free one-stop facility has been established to fast-track outstanding Christchurch quake-related insurance claims…
15 October 2018
The Insurance Council of New Zealand has again pushed for abolition of the fire and emergency services levy imposed on insurance policies…
15 October 2018
New Zealand’s Accident Compensation Corporation has started to refund about $NZ100 million in overpayments collected from more than 300,000 businesses dating back to 2002…
15 October 2018
Insurance & Care NSW has announced the finalists for its Care and Service Excellence Awards…
15 October 2018
Insurance Commission of WA claims officers and legal representatives hit the road last week to settle motor injury claims in the remote Pilbara and Kimberley regions…