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Probitas Pacific recruits WTW exec as Australia head

Wed, 01 Jul 2026 06:18:57 GMT

Aviva has hired Jill Stewart to manage Probitas Pacific, its Australian specialty underwriting business backed by Lloyd’s capacity...

Zurich tech to power Mercedes-Benz motor cover

Wed, 01 Jul 2026 06:18:44 GMT

Zurich Australia is teaming with Mercedes-Benz Financial Services on cover for the car maker’s passenger and commercial vehicles, including combustion, electric and hybrid models...

AFCA reverses fraud finding over crash probe ‘deficiencies’

Wed, 01 Jul 2026 06:18:07 GMT

An insurer has been ordered to pay a motor claim after the industry ombudsman rejected allegations a policyholder deliberately crashed her car...

INsight podcast: have insurers cracked new code?

Wed, 01 Jul 2026 06:11:08 GMT

The long-awaited draft of the new General Insurance Code of Practice is the first matter discussed on the latest Insurance News podcast...

Building cyber confidence in Australia’s broker market

Tue, 30 Jun 2026 22:58:03 GMT

Cyber risk is now a daily reality for businesses of every size, yet adoption of cyber insurance in Australia remains low, particularly among SMEs...

Compliance review finds strata broking breaches

Tue, 30 Jun 2026 06:32:07 GMT

The broking code compliance committee has issued nine breach determinations and referred two brokers to the corporate regulator following a review of strata insurance arrangements...

Code committee probe reveals premium transparency gaps

Tue, 30 Jun 2026 06:31:57 GMT

Some insurers have failed to provide clear pricing and payment option details in renewal notices, leaving customers without the information they need to make informed decisions, the General Insurance Code Governance Committee says...

Life rule book overhaul looms as Kell unveils final report

Tue, 30 Jun 2026 06:30:28 GMT

Major changes to the Life Insurance Code of Practice have been recommended in reviewer Peter Kell’s final report...

AFCA backs ‘despairing’ salon owner after tobacco store arson

Tue, 30 Jun 2026 05:59:58 GMT

The owner of a beauty salon that was covered in toxic soot when a next-door tobacco shop was firebombed has won a claim dispute in which she was seeking more than $200,000 for damage, plus $44,000 for business interruption...

Fund that charged dead members cops $10m penalty

Mon, 29 Jun 2026 04:47:08 GMT

The Federal Court has ordered Mercer Super to pay $10.3 million in penalties for failing to tell the corporate regulator about its internal investigations into significant issues...

Cancer serious but falls short of policy definition

Mon, 29 Jun 2026 04:46:58 GMT

A claimant who argued his life insurer’s definition of cancer was too narrow has lost his bid for benefits...

ASIC review finds ‘deeply concerning’ super trustee flaws

Mon, 29 Jun 2026 04:46:47 GMT

Superannuation trustees are failing to protect members’ retirement savings from harmful advice fees and inappropriate investments, the corporate regulator has found...

Code committee appoints new consumer rep

Mon, 29 Jun 2026 04:46:29 GMT

Consumer Action Law Centre managing lawyer Anna Meulman will join the Life Insurance Code Compliance Committee from Wednesday...

Allianz Retire+ welcomes pick-up in guaranteed income business

Mon, 29 Jun 2026 04:46:14 GMT

Allianz Retire+ says its AGILE product has enjoyed “strong momentum” after changes were made to the annuity offering...

Hazards partnership to hold insurance forum

Mon, 29 Jun 2026 04:46:03 GMT

The Hazards Insurance Partnership will hold a forum with state, territory and local governments, plus the Australian Local Government Association...

ICA levy call as NSW annual insurance haul tops $3b

Mon, 29 Jun 2026 04:45:55 GMT

NSW will collect more than $3 billion a year from insurance levies and duties across its forward estimates, budget papers released last week show...

Queensland ‘loses out’ under disaster funding shake-up

Mon, 29 Jun 2026 04:45:36 GMT

Proposed federal government changes to the Disaster Recovery Funding Arrangements could cost Queensland $500 million a year, according to the state’s budget papers...

Bigger buffer on household line shows ‘underlying uncertainty’

Mon, 29 Jun 2026 04:45:23 GMT

Insurers have set aside bigger provisions for householders insurance to manage unexpected adverse outcomes, according to Australian Prudential Regulation Authority risk margin data...

Two-year transition expected for first enforceable code

Mon, 29 Jun 2026 04:44:21 GMT

The Insurance Council of Australia anticipates a 24-month transition period for its updated code of practice, which will be made enforceable through contracts...

‘Not reasonable’: insurer failed to explain premium error

Mon, 29 Jun 2026 04:44:11 GMT

A motorist has won $2000 compensation after battling for more than two years to get a proper explanation for soaring premiums...