insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auHomes hit, warnings in place as supercells wreak havochttps://www.insurancenews.com.au/local/homes-hit-warnings-in-place-as-supercells-wreak-havochttps://www.insurancenews.com.au/local/homes-hit-warnings-in-place-as-supercells-wreak-havoc<p>Insurers are rallying resources after wind speeds equivalent to a category 1 cyclone struck Queensland&rsquo;s Logan area, and with more destructive weather forecast later today...</p>Thu, 12 Nov 2026 05:23:17 GMTACCC begins Steadfast takeover assessmenthttps://www.insurancenews.com.au/corporate/accc-begins-steadfast-takeover-assessmenthttps://www.insurancenews.com.au/corporate/accc-begins-steadfast-takeover-assessment<p>The competition regulator has started assessing the proposed acquisition of Steadfast by Dragoneer, Kohlberg Kravis Roberts and Amwins...</p>Thu, 12 Nov 2026 05:13:16 GMTDirectors disqualified and fined for Youpla breacheshttps://www.insurancenews.com.au/regulatory-government/directors-disqualified-and-fined-for-youpla-breacheshttps://www.insurancenews.com.au/regulatory-government/directors-disqualified-and-fined-for-youpla-breaches<p>Three former Youpla Group board members have been disqualified from managing corporations and ordered to pay penalties after a court found they breached director duties...</p>Thu, 12 Nov 2026 05:12:58 GMTWatchdog plans AI stress test as danger mountshttps://www.insurancenews.com.au/regulatory-government/watchdog-plans-ai-stress-test-as-danger-mountshttps://www.insurancenews.com.au/regulatory-government/watchdog-plans-ai-stress-test-as-danger-mounts<p>The Australian Prudential Regulation Authority has warned of a &ldquo;rapid escalation&rdquo; in AI-related risks, as it prepares to launch a stress test of the Australian financial system&rsquo;s exposure...</p>Thu, 12 Nov 2026 04:33:00 GMTTraveller told to fly against doctors’ advice and hush up illnesshttps://www.insurancenews.com.au/daily/traveller-told-to-fly-against-doctors-advice-hush-up-illnesshttps://www.insurancenews.com.au/daily/traveller-told-to-fly-against-doctors-advice-hush-up-illness<p>New Zealand travel insurers have been told to consider evidence properly when handling claims, after one operator was found to have risked a policyholder&rsquo;s health to cut costs...</p>Thu, 12 Nov 2026 04:32:53 GMTAUB tweaks profit guidance after strong starthttps://www.insurancenews.com.au/the-broker/aub-tweaks-profit-guidance-after-strong-starthttps://www.insurancenews.com.au/the-broker/aub-tweaks-profit-guidance-after-strong-start<p>AUB Group has raised the lower end of its earnings guidance range following a positive start to the financial year...</p>Thu, 12 Nov 2026 00:53:08 GMTBrokers’ PI could become ‘almost obsolete’https://www.insurancenews.com.au/the-broker/brokers-pi-could-become-almost-obsoletehttps://www.insurancenews.com.au/the-broker/brokers-pi-could-become-almost-obsolete<p>Envest Broking CEO Benjamin Goodall believes AI could transform brokers&rsquo; professional indemnity exposure, dramatically reducing the risk...</p>Thu, 12 Nov 2026 00:52:59 GMTAFCA backs bakery in row over burnt buns and lost doughhttps://www.insurancenews.com.au/the-broker/afca-backs-bakery-in-row-over-burnt-buns-and-lost-doughhttps://www.insurancenews.com.au/the-broker/afca-backs-bakery-in-row-over-burnt-buns-and-lost-dough<p>A bakery shop that claimed for costs related to a fire at a supplier&rsquo;s premises has won a dispute before the financial services ombudsman...</p>Thu, 12 Nov 2026 00:52:10 GMTBroker Q&A: how to sell SMEs on cyber coverhttps://www.insurancenews.com.au/the-broker/broker-q-and-a-how-to-sell-smes-on-cyber-coverhttps://www.insurancenews.com.au/the-broker/broker-q-and-a-how-to-sell-smes-on-cyber-cover<p>Last week, representatives from the Insurance Council, QBE and Marsh addressed the parliamentary inquiry into cybersecurity for SMEs, telling MPs insurance is getting cheaper and more accessible but take-up is still low at about 20%...</p>Thu, 12 Nov 2026 00:51:42 GMTSign up for free wellbeing webinarhttps://www.insurancenews.com.au/the-broker/sign-up-for-free-wellbeing-webinarhttps://www.insurancenews.com.au/the-broker/sign-up-for-free-wellbeing-webinar<p>McLardy McShane&rsquo;s Tylah Jones will take part in a webinar that will explore the findings from this year&rsquo;s Insurance News Wellbeing Survey...</p>Thu, 12 Nov 2026 00:46:24 GMTNautilus takes marine business covers to NZhttps://www.insurancenews.com.au/the-broker/nautilus-takes-marine-business-covers-to-nzhttps://www.insurancenews.com.au/the-broker/nautilus-takes-marine-business-covers-to-nz<p>Nautilus Marine Insurance has launched a full suite of business covers in New Zealand for marinas, yacht clubs, boat dealerships and trades...</p>Thu, 12 Nov 2026 00:46:09 GMTMiramar names commercial casualty headhttps://www.insurancenews.com.au/the-broker/miramar-names-commercial-casualty-headhttps://www.insurancenews.com.au/the-broker/miramar-names-commercial-casualty-head<p>Donna Brierley has been appointed commercial head of casualty at underwriting agencies brand Miramar Group...</p>Thu, 12 Nov 2026 00:45:50 GMTMitsui Sumitomo appoints broker partnerships chiefhttps://www.insurancenews.com.au/the-broker/mitsui-sumitomo-appoints-broker-partnerships-chiefhttps://www.insurancenews.com.au/the-broker/mitsui-sumitomo-appoints-broker-partnerships-chief<p>Kerryn Christie has been appointed head of broker partnerships for Australia and New Zealand at Mitsui Sumitomo Insurance &ndash; a newly created role...</p>Thu, 12 Nov 2026 00:45:42 GMTHowden ‘best placed for complex deals’ with new M&A partnerhttps://www.insurancenews.com.au/the-broker/howden-best-placed-for-complex-deals-with-new-m-and-a-partnerhttps://www.insurancenews.com.au/the-broker/howden-best-placed-for-complex-deals-with-new-m-and-a-partner<p>Sarah Pendred has been appointed mergers and acquisitions insurance partner at Howden...</p>Thu, 12 Nov 2026 00:45:30 GMTTraining course ‘puts compliance into practice’https://www.insurancenews.com.au/the-broker/training-course-puts-compliance-into-practicehttps://www.insurancenews.com.au/the-broker/training-course-puts-compliance-into-practice<p>An ANZIIF course for brokers covers safe and compliant use of AI, renewals and managing conflicts of interest...</p>Thu, 12 Nov 2026 00:45:11 GMTNZ awards celebrate ‘commitment to making a difference’https://www.insurancenews.com.au/the-professional/nz-awards-celebrate-commitment-to-making-a-differencehttps://www.insurancenews.com.au/the-professional/nz-awards-celebrate-commitment-to-making-a-difference<p>Top talents were recognised last night at ANZIIF&rsquo;s New Zealand Insurance Industry Awards...</p>Wed, 11 Nov 2026 05:24:47 GMTASIC opens consultation on code of practicehttps://www.insurancenews.com.au/regulatory-government/asic-opens-consultation-on-code-of-practicehttps://www.insurancenews.com.au/regulatory-government/asic-opens-consultation-on-code-of-practice<p>The corporate regulator has invited feedback on the proposed redraft of the General Insurance Code of Practice, which the industry last month submitted for approval...</p>Wed, 11 Nov 2026 05:24:15 GMTWatchdog finds IAG-RAC deal benefits ‘overstated’https://www.insurancenews.com.au/regulatory-government/iag-rac-deal-benefits-overstated-watchdog-sayshttps://www.insurancenews.com.au/regulatory-government/iag-rac-deal-benefits-overstated-watchdog-says<p>The public benefits of IAG&rsquo;s proposed acquisition of RAC Insurance are unlikely to outweigh negative impacts, the competition regulator says in a preliminary assessment of additional commitments made by the would-be buyer...</p>Wed, 11 Nov 2026 04:01:00 GMTCrash driver’s ‘swerve’ story fails to sway ombudsmanhttps://www.insurancenews.com.au/daily/crash-driver-s-swerve-story-fails-to-sway-ombudsmanhttps://www.insurancenews.com.au/daily/crash-driver-s-swerve-story-fails-to-sway-ombudsman<p>An insurer was entitled to reject a motor claim for a crash its forensic investigator called &ldquo;arranged and intentional&rdquo;, the industry ombudsman says...</p>Wed, 11 Nov 2026 02:40:40 GMTINsight podcast: inside the ICA conferencehttps://www.insurancenews.com.au/daily/insight-podcast-inside-the-ica-conferencehttps://www.insurancenews.com.au/daily/insight-podcast-inside-the-ica-conference<p>The Insurance Council of Australia conference is the first item discussed on the latest episode of the Insurance News podcast...</p>Wed, 11 Nov 2026 01:57:17 GMT