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Canberra urged to back councils on ‘front line’ of flood fight

Mon, 27 Apr 2026 04:41:22 GMT

The Insurance Council of Australia has pressed for more federal funding to help local governments with flood resilience work...

Silent alarm: insurers ‘moving to shut down AI exposures’

Mon, 27 Apr 2026 04:32:28 GMT

Underwriters are quickly adding exclusions as courts start to hold companies responsible for harm from AI tools...

Bureau flags dry spell for eastern Australia

Mon, 27 Apr 2026 04:32:07 GMT

Eastern Australia and parts of the southwest are likely to receive below-average rainfall from May to July, the Bureau of Meteorology says in its latest long-range forecast...

El Nino may return – but the outlook remains cloudy for now

Mon, 27 Apr 2026 04:17:57 GMT

A dry outlook for eastern Australia over the next three months and talk of a possible strong or “super” El Nino is generating unease about drought and fire risks, but the Bureau of Meteorology cautions many factors are at play...

Staffer charged over alleged data theft at NSW Treasury

Mon, 27 Apr 2026 04:10:12 GMT

Police have charged a NSW Treasury staff member with stealing sensitive documents following an investigation into an alleged data breach at the department...

ASIC warns four finfluencers amid crackdown on ‘so-called experts’

Mon, 27 Apr 2026 04:10:02 GMT

The corporate regulator has issued warning notices to four social media “finfluencers” regarding unlicensed financial advice and misleading and deceptive conduct...

SIRA seeks feedback on workers’ comp reforms

Mon, 27 Apr 2026 04:09:43 GMT

Consultation has opened on draft changes to the NSW workers’ compensation scheme after state parliament passed the government’s reforms in February...

State taskforce to co-ordinate bushfire mitigation

Mon, 27 Apr 2026 04:09:31 GMT

The NSW government has established a multiagency taskforce to enhance bushfire hazard reduction efforts...

Beazley investors back Zurich deal

Mon, 27 Apr 2026 04:08:16 GMT

Beazley shareholders have voted in favour of Zurich’s £8.1 billion ($15.3 billion) takeover offer, paving the way for the deal to be completed in the second half of this year...

‘Amateurish’ AI images a feature of exaggerated claims

Mon, 27 Apr 2026 04:08:09 GMT

Artificial intelligence is increasingly used to doctor photos and exaggerate insurance claims, according to Admiral Group...

Traditional views on cat risk ‘no longer sufficient’

Mon, 27 Apr 2026 04:07:46 GMT

Economic losses from flooding topped $US42 billion ($59 billion) worldwide last year and have reached $US2 trillion ($2.8 trillion) since 2000, Aon says...

‘Excellent’ underwriting powers Chubb Q1 earnings

Mon, 27 Apr 2026 04:07:35 GMT

Chubb has posted a 74.3% rise in net income to $US2.32 billion ($3.23 billion) for the first quarter...

Below-average cat bill leaves reinsurers well placed

Mon, 27 Apr 2026 04:06:33 GMT

Reinsurers are in an “even better position” after first-quarter natural catastrophe losses fell below past averages, according to Gallagher Re...

Ship collision case heads to China

Mon, 27 Apr 2026 04:03:36 GMT

The Federal Court has refused to allow legal action in Australia over two ships that collided in Chinese territorial waters...

Ombudsman ‘cannot make insurers’ fund climate upgrades

Mon, 27 Apr 2026 04:03:26 GMT

New Zealand’s financial services ombudsman has warned policyholders to be aware of coverage limitations after ruling against a family who wanted their floor level raising in a rebuild after flood damage...

Shareholder win sparks warning on D&O adequacy

Mon, 27 Apr 2026 04:03:12 GMT

A successful shareholder class action against logistics giant Brambles has raised the risk of more lawsuits and potential losses against directors and officers cover, experts say...

Cyclone, storms add to surge in weather claims: IAG NZ

Mon, 27 Apr 2026 04:02:58 GMT

IAG New Zealand has received 1000 claims arising from Cyclone Vaianu earlier this month, across home, contents, commercial, motor and boat policies...

Row over strata premium ‘best settled in court’

Mon, 27 Apr 2026 04:02:41 GMT

A dispute over how strata insurance premiums are apportioned between a backpacker hostel and apartment owners is headed for court, after an adjudicator ruled it needed settling in another jurisdiction...

Allianz aims to lift spirits after disasters strike

Mon, 27 Apr 2026 04:01:36 GMT

Allianz has created a mental health support program for communities hit by natural disasters...

Competition commission probes Zurich-ClearView deal

Mon, 27 Apr 2026 04:00:02 GMT

Zurich Financial Services’ move to buy listed life insurer ClearView Wealth is being assessed by the competition watchdog...