General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/daily/nsw-braces-for-heavy-rain-vigorous-winds-as-weather-worsenshttps://www.insurancenews.com.au/daily/nsw-braces-for-heavy-rain-vigorous-winds-as-weather-worsens<p>Severe weather in NSW is expected to intensify, with coastal regions facing destructive wind and flash flooding, state Emergency Services Minister Jihad Dib says...</p>Tue, 01 Jul 2025 06:35:21 GMThttps://www.insurancenews.com.au/daily/stone-point-strengthens-ardonagh-growth-planshttps://www.insurancenews.com.au/daily/stone-point-strengthens-ardonagh-growth-plans<p>US private equity firm Stone Point Capital has completed a $US2.5 billion ($3.8 billion) investment in Ardonagh, positioning the majority owner of Australia&rsquo;s Envest for further growth...</p>Tue, 01 Jul 2025 06:35:15 GMThttps://www.insurancenews.com.au/daily/industry-urged-to-adapt-fast-as-new-prudential-rule-beginshttps://www.insurancenews.com.au/daily/industry-urged-to-adapt-fast-as-new-prudential-rule-begins<p>Insurers need an &ldquo;entirely new mindset&rdquo; to comply with CPS 230, the new prudential standard that takes effect today...</p>Tue, 01 Jul 2025 06:35:06 GMThttps://www.insurancenews.com.au/daily/cruise-cancellation-payout-small-but-fair-afca-findshttps://www.insurancenews.com.au/daily/cruise-cancellation-payout-small-but-fair-afca-finds<p>Travel policyholders who wanted a payout for the full cost of a cancelled cruise have lost a dispute with their insurer, which successfully showed their coverage was limited...</p>Tue, 01 Jul 2025 05:17:34 GMThttps://www.insurancenews.com.au/local/new-northern-rivers-flood-map-prompts-fresh-flood-pool-pushhttps://www.insurancenews.com.au/local/new-northern-rivers-flood-map-prompts-fresh-flood-pool-push<p>Lismore Mayor Steve Krieg has renewed his call for a national insurance pool after flood modelling from CSIRO showed the amount of work needed to protect the regional town...</p>Mon, 30 Jun 2025 05:03:09 GMThttps://www.insurancenews.com.au/local/nz-insurers-in-action-after-heavy-rain-floodinghttps://www.insurancenews.com.au/local/nz-insurers-in-action-after-heavy-rain-flooding<p>New Zealand insurers are receiving claims after storms crossed the country late last week, with flooding particularly affecting the top of the South Island...</p>Mon, 30 Jun 2025 05:02:53 GMThttps://www.insurancenews.com.au/the-professional/suncorp-resilience-work-wins-creativity-awardhttps://www.insurancenews.com.au/the-professional/suncorp-resilience-work-wins-creativity-award<p>Suncorp has won silver in the creative business transformation category at the Cannes Lions International Festival of Creativity...</p>Mon, 30 Jun 2025 04:36:51 GMThttps://www.insurancenews.com.au/the-professional/howden-appoints-insurance-m-and-a-chiefhttps://www.insurancenews.com.au/the-professional/howden-appoints-insurance-m-and-a-chief<p>Eliza Grant has been appointed head of insurance mergers and acquisitions at Howden...</p>Mon, 30 Jun 2025 04:36:39 GMThttps://www.insurancenews.com.au/the-professional/uac-prepares-for-brisbane-exchangehttps://www.insurancenews.com.au/the-professional/uac-prepares-for-brisbane-exchange<p>The Underwriting Agencies Council will hold its next Market Exchange on July 8 in Brisbane...</p>Mon, 30 Jun 2025 04:34:39 GMThttps://www.insurancenews.com.au/the-professional/aibec-to-host-inaugural-conferencehttps://www.insurancenews.com.au/the-professional/aibec-to-host-inaugural-conference<p>The first conference organised by the Association of Insurance Building &amp; Engineering Consultants will be held in Sydney on July 23...</p>Mon, 30 Jun 2025 04:32:38 GMThttps://www.insurancenews.com.au/local/aig-fixing-issue-after-30k-penaltyhttps://www.insurancenews.com.au/local/aig-fixing-issue-after-30k-penalty<p>AIG says it is working to restore full compliance with the industry code of practice after receiving a $30,000 penalty for breaches related to complaints...</p>Mon, 30 Jun 2025 04:24:25 GMThttps://www.insurancenews.com.au/local/spiked-tourist-denied-payout-for-stolen-valuableshttps://www.insurancenews.com.au/local/spiked-tourist-denied-payout-for-stolen-valuables<p>A traveller who said a room guest drugged and robbed him while he was holidaying in Colombia has lost a bid to have additional items covered by his insurer...</p>Mon, 30 Jun 2025 04:24:14 GMThttps://www.insurancenews.com.au/local/sa-gears-up-for-e-scooters-on-roadshttps://www.insurancenews.com.au/local/sa-gears-up-for-e-scooters-on-roads<p>E-scooters and other personal mobility devices will be allowed on SA public roads and paths from July 13 after the state government finalised new regulations...</p>Mon, 30 Jun 2025 04:24:05 GMThttps://www.insurancenews.com.au/local/qbe-urges-landlords-to-fill-coverage-gapshttps://www.insurancenews.com.au/local/qbe-urges-landlords-to-fill-coverage-gaps<p>QBE has warned landlords to ensure their coverage is adequate after a survey revealed many would face financial difficulties if their rental business was disrupted...</p>Mon, 30 Jun 2025 04:23:48 GMThttps://www.insurancenews.com.au/local/honesty-the-best-policy-dispute-service-tells-claimantshttps://www.insurancenews.com.au/local/honesty-the-best-policy-dispute-service-tells-claimants<p>Policyholders have been warned against telling &ldquo;white lies&rdquo; at claim time after a couple were caught being dishonest over damage to their car...</p>Mon, 30 Jun 2025 04:23:30 GMThttps://www.insurancenews.com.au/life-insurance/comm-insure-class-action-heads-to-mediationhttps://www.insurancenews.com.au/life-insurance/comm-insure-class-action-heads-to-mediation<p>A class action for life advice clients who allegedly paid &ldquo;excess premiums&rdquo; may settle by the fourth quarter of this year...</p>Mon, 30 Jun 2025 04:22:26 GMThttps://www.insurancenews.com.au/life-insurance/former-westpac-exec-named-acenda-group-chiefhttps://www.insurancenews.com.au/life-insurance/former-westpac-exec-named-acenda-group-chief<p>Acenda Group says Chris de Bruin will join as CEO after its acquisition of Resolution Life Australasia is completed...</p>Mon, 30 Jun 2025 04:16:10 GMThttps://www.insurancenews.com.au/life-insurance/nz-regulator-cancels-adviser-s-licencehttps://www.insurancenews.com.au/life-insurance/nz-regulator-cancels-adviser-s-licence<p>Migrant-focused life adviser Filcare Services has had its permit to operate revoked after breaking its New Zealand licence obligations...</p>Mon, 30 Jun 2025 04:15:59 GMThttps://www.insurancenews.com.au/life-insurance/bombora-names-new-md-chairhttps://www.insurancenews.com.au/life-insurance/bombora-names-new-md-chair<p>Bombora Advice says board member Niall McConville has been appointed MD, taking over from Wayne Handley, who will become executive chairman...</p>Mon, 30 Jun 2025 04:15:31 GMThttps://www.insurancenews.com.au/regulatory-government/genuine-beliefs-key-to-afca-approach-on-misrepresentationhttps://www.insurancenews.com.au/regulatory-government/genuine-beliefs-key-to-afca-approach-on-misrepresentation<p>The Australian Financial Complaints Authority has released new guidelines on how it will approach disputes around misrepresentation and disclosure...</p>Mon, 30 Jun 2025 04:13:56 GMT