Regulatory & Government
13 August 2018
Increased regulatory requirements are holding back industry innovation as insurers expend more resources on compliance, the Insurance Council of Australia has warned a federal parliamentary committee…
13 August 2018
Infrastructure Victoria has published a study on the potential economic impact of autonomous vehicles, including health, environment, land use and road use findings…
13 August 2018
New Zealand’s Financial Markets Authority has warned the industry to improve governance practices and root out misconduct and conflicts of interest…
13 August 2018
The Australian Securities and Investments Commission will receive an extra $70.1 million to help combat misconduct…
13 August 2018
The financial services sector paid nearly $257 million in compensation and remediation to consumers and investors in the first half of this year…
13 August 2018
The National Insurance Brokers Association wants members to provide feedback to the Government’s review of the civil aviation insurance and liability framework…
13 August 2018
Financial regulators are consulting on creating a global innovation network to promote fintech collaboration and testing…
06 August 2018
The Productivity Commission has released its final report on competition in the financial system, including general insurance…
06 August 2018
A leading law firm says there is no evidence of an “excessive propensity” for companies to be the target of funded shareholder class actions…
06 August 2018
Malicious or criminal attacks accounted for 59% of data breaches reported in the June quarter, as notifications increased under the new transparency regime…
06 August 2018
The Insurance Council of Australia is calling for greater data availability in response to the Government’s issues paper on data sharing and release legislation…
06 August 2018
The Australian Securities and Investments Commission has cancelled the financial services licence of Faulconbridge business NSW Independent Insurance Brokers…
06 August 2018
Driver premiums have dropped since the introduction of a new compulsory third party motor scheme in NSW last December…
06 August 2018
Proposed legislation for a new Canterbury Earthquakes Insurance Tribunal does not allow insurers to initiate hearings to resolve claims, while its procedural rules have also raised concerns…
06 August 2018
A legal expert has warned of extensive shortcomings in proportionate liability legislation across Australia…
06 August 2018
Insurance and Care NSW is running a six-month pilot program of holistic treatment plans for injured workers…
06 August 2018
The Insurance Commission of WA has awarded grants to two neurotrauma projects as part of its commitment to support studies that improve injury rehabilitation…
30 July 2018
Victorian Auditor-General Andrew Greaves has targeted local councils’ use of mutual insurance schemes in a report criticising their lack of tendering…
30 July 2018
Insurers have urged the National Transport Commission to further consider the impact its preferred safety system for driverless vehicles will have on the industry…
30 July 2018
Suncorp and RACQ Insurance have called on the Queensland Government to pursue wider compulsory third party reforms, after the state’s Treasurer announced legislative changes are planned to stop “claim farming”…