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State has strata kickbacks ‘in its sights’ after commission ban call

Wed, 03 Jun 2026 06:23:39 GMT

The Victorian government will further analyse commission payments and other benefits paid to strata managers after an expert panel recommended their prohibition...

IA revamps leadership as founder Carr steps back

Wed, 03 Jun 2026 06:13:55 GMT

Insurance Advisernet Australia’s operations GM Andrew Borden has been promoted to CEO under a leadership succession plan at the authorised representative network...

Brokers’ growth points to ‘comprehensive, capable’ profession

Wed, 03 Jun 2026 06:04:00 GMT

Brokers are managing $35.6 billion of intermediated gross written premium, representing 46% of all general insurance written in Australia, according to a report that shows the sector’s importance...

INsight podcast: code committee’s breaches breakdown

Wed, 03 Jun 2026 05:54:55 GMT

Breaches of the insurers' code of practice and the reasons behind them are the first subject discussed by the panel on the latest episode of the Insurance News podcast...

ICA calls for ‘hard’ projects as disaster fund reopens applications

Tue, 02 Jun 2026 06:24:37 GMT

The federal government will provide up to $142.5 million for projects proposed through the Disaster Ready Fund’s fourth round of applications, as insurers stress the importance of investment in “hard mitigation infrastructure”...

Pacific Indemnity launches Axa XL-backed ML product

Tue, 02 Jun 2026 06:24:29 GMT

Underwriting agency Pacific Indemnity has launched a management liability cover backed by Axa XL...

Tech execs to share 2030 visions at Beyond the Buzzwords

Tue, 02 Jun 2026 06:24:19 GMT

Experts will examine the future of “intelligent insurance” at this year’s Beyond the Buzzwords conference...

AFCA rejects medic’s bid to downgrade sex assault allegation

Tue, 02 Jun 2026 06:11:39 GMT

A doctor has failed to convince the ombudsman his insurer was wrong to refuse indemnity in a civil case involving alleged sexual assault during a gynaecological procedure...

P&C market ‘normalising after rate surge’

Mon, 01 Jun 2026 05:11:09 GMT

The global property and casualty market is entering a normalisation phase after several years of exceptional price-driven growth, while climate change presents a growing affordability challenge, according to an Allianz report...

Investments dent industry profit

Mon, 01 Jun 2026 04:59:38 GMT

The general insurance industry’s earnings fell steeply in the March quarter while the householders line narrowed its losses, according to Australian Prudential Regulation Authority data...

Treasury sets out industry’s APRA levies

Mon, 01 Jun 2026 04:41:59 GMT

About $27.2 million will be collected from the general insurance industry to fund the prudential regulator’s supervision next financial year, Treasury says...

Ombudsman slams icare over wage adjustment delays

Mon, 01 Jun 2026 04:41:51 GMT

An inquiry has found icare engaged in unreasonable conduct with its delayed handling of wage declaration adjustments used to calculate workers’ compensation premiums...

Beware knock-on effects of mental health reform: EML

Mon, 01 Jun 2026 04:41:44 GMT

Cross-system reforms are needed to address rising mental health impacts, as changes in one area can lead to increasing burdens elsewhere, according to an EML white paper...

NZ insurers to pay regulation levy

Mon, 01 Jun 2026 04:41:28 GMT

New Zealand will introduce a prudential levy on insurers, banks and other financial market participants to cover the cost of Reserve Bank supervision...

Repeated questioning scars catastrophe survivors, MPs say

Mon, 01 Jun 2026 04:40:55 GMT

Victims of devastating weather events are traumatised by having to repeatedly recount their experiences to different agencies, a review of the NSW Reconstruction Authority’s response to east coast catastrophes has found...

Record fine after training flaws led to ‘devastating’ truck smash

Mon, 01 Jun 2026 04:40:40 GMT

Waste management group Cleanaway has been fined a record $1.1 million over a truck crash that left one of its drivers with life-changing injuries and killed two other motorists...

New law helps rivals team up in times of crisis

Mon, 01 Jun 2026 04:40:23 GMT

A change to competition law will give the regulator power to grant faster exemptions in the case of emergencies and other exceptional circumstances...

NSW confirms workers’ comp premiums

Mon, 01 Jun 2026 04:40:15 GMT

Employers in NSW will soon receive workers’ compensation renewal notices, after state insurer icare confirmed premium settings...

Tesla hire to work on insurer relationships

Mon, 01 Jun 2026 04:38:40 GMT

Paul Sofronoff has joined car maker Tesla as insurance business manager for Australia and New Zealand...

Bellrock expands Perth team

Mon, 01 Jun 2026 04:38:32 GMT

Gavin Doherty has been appointed senior adviser at Bellrock Advisory, continuing the group’s expansion in WA...