insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auHousehold line slumps to $1 billion underwriting losshttps://www.insurancenews.com.au/daily/household-line-slumps-to-1-billion-underwriting-losshttps://www.insurancenews.com.au/daily/household-line-slumps-to-1-billion-underwriting-loss<p>The householders insurance line made an underwriting loss of $1.077 billion in the December quarter, according to Australian Prudential Regulation Authority data released today...</p>Fri, 27 Feb 2026 05:29:16 GMTABC pleads case for breaking into legal markethttps://www.insurancenews.com.au/daily/abc-pleads-case-for-breaking-into-legal-markethttps://www.insurancenews.com.au/daily/abc-pleads-case-for-breaking-into-legal-market<p>ABC Insurance has fired off a strongly worded letter as it continues its battle to enter the NSW lawyers&rsquo; professional indemnity market, challenging the monopoly held by Law Society-owned Lawcover...</p>Fri, 27 Feb 2026 05:29:08 GMTInsurance News conference: AUB’s Emmett joins CEO panelhttps://www.insurancenews.com.au/daily/insurance-news-conference-aub-s-emmett-joins-ceo-panelhttps://www.insurancenews.com.au/daily/insurance-news-conference-aub-s-emmett-joins-ceo-panel<p>AUB Group CEO Mike Emmett will take part in a &ldquo;power panel&rdquo; to close out the upcoming Insurance News conference in Sydney...</p>Fri, 27 Feb 2026 05:20:08 GMTOmbudsman backs pet-sitter in a dogfight over ownershiphttps://www.insurancenews.com.au/daily/ombudsman-backs-pet-sitter-in-a-dogfight-over-ownershiphttps://www.insurancenews.com.au/daily/ombudsman-backs-pet-sitter-in-a-dogfight-over-ownership<p>A home policyholder who faces legal costs over a dog attack will receive a payout after the complaints authority accepted she had temporary ownership of the pet, which belonged to her mother-in-law...</p>Fri, 27 Feb 2026 05:17:27 GMTASIC sues over ‘misleading’ Budget Direct adshttps://www.insurancenews.com.au/breaking-news/asic-sues-over-misleading-budget-direct-adshttps://www.insurancenews.com.au/breaking-news/asic-sues-over-misleading-budget-direct-ads<p>The corporate regulator is suing Auto &amp; General over alleged policy discount misrepresentations in Budget Direct insurance adverts viewed by millions of consumers...</p>Fri, 27 Feb 2026 00:11:47 GMTGive small businesses a lesson on insurance, ICA sayshttps://www.insurancenews.com.au/daily/give-small-businesses-a-lesson-on-insurance-ica-sayshttps://www.insurancenews.com.au/daily/give-small-businesses-a-lesson-on-insurance-ica-says<p>The Insurance Council of Australia has urged the federal government to improve risk education for SMEs as extreme weather, inflation and regulatory complexity make cover more expensive...</p>Thu, 26 Feb 2026 05:04:13 GMTVictorian fire threat spreads into autumnhttps://www.insurancenews.com.au/daily/victorian-fire-threat-spreads-into-autumnhttps://www.insurancenews.com.au/daily/victorian-fire-threat-spreads-into-autumn<p>Large parts of Victoria will continue to face elevated bushfire risk through autumn along with areas of NSW, SA and WA, according to a seasonal outlook...</p>Thu, 26 Feb 2026 05:03:44 GMTOut of time: AFCA finds driver bought cover after smashhttps://www.insurancenews.com.au/daily/out-of-time-afca-finds-driver-bought-cover-after-smashhttps://www.insurancenews.com.au/daily/out-of-time-afca-finds-driver-bought-cover-after-smash<p>The industry ombudsman has backed Youi&rsquo;s finding that a vehicle damage claim was made fraudulently by a motorist who purchased insurance about 10 minutes after a crash...</p>Thu, 26 Feb 2026 05:02:37 GMTJavln appoints CFO amid growth pushhttps://www.insurancenews.com.au/daily/javln-appoints-cfo-amid-growth-pushhttps://www.insurancenews.com.au/daily/javln-appoints-cfo-amid-growth-push<p>Cameron Ford has been appointed CFO at Auckland-based insurtech Javln...</p>Thu, 26 Feb 2026 04:26:04 GMTAUB backs its AI tools to ‘make good brokers better’https://www.insurancenews.com.au/the-broker/aub-backs-its-ai-tools-to-make-good-brokers-betterhttps://www.insurancenews.com.au/the-broker/aub-backs-its-ai-tools-to-make-good-brokers-better<p>AUB Group&rsquo;s BizCover has developed a ChatGPT-based app aimed at micro-SMEs, under a company-wide push to harness artificial intelligence gains...</p>Thu, 26 Feb 2026 00:55:34 GMTSteadfast says share slide no barrier to acquisitionshttps://www.insurancenews.com.au/the-broker/steadfast-says-share-slide-no-barrier-to-acquisitionshttps://www.insurancenews.com.au/the-broker/steadfast-says-share-slide-no-barrier-to-acquisitions<p>Steadfast says it remains focused on merger and acquisition opportunities rather than using capital to buy back its shares following price drops...</p>Thu, 26 Feb 2026 00:51:25 GMTQBE tempers growth expectations in tough local markethttps://www.insurancenews.com.au/the-broker/qbe-tempers-growth-expectations-in-tough-local-markethttps://www.insurancenews.com.au/the-broker/qbe-tempers-growth-expectations-in-tough-local-market<p>QBE expects Australian commercial market conditions to remain competitive this year, making growth challenging and increasing the need for responsiveness and innovation...</p>Thu, 26 Feb 2026 00:34:38 GMT‘His legacy will endure’: tributes paid to Trans-West chiefhttps://www.insurancenews.com.au/the-broker/his-legacy-will-endure-tributes-paid-to-trans-west-chiefhttps://www.insurancenews.com.au/the-broker/his-legacy-will-endure-tributes-paid-to-trans-west-chief<p>Trans-West Insurance Brokers CEO Pieter Versluis has died aged 76...</p>Thu, 26 Feb 2026 00:34:02 GMTLumby takes reins at Gallagherhttps://www.insurancenews.com.au/the-broker/lumby-takes-reins-at-gallagherhttps://www.insurancenews.com.au/the-broker/lumby-takes-reins-at-gallagher<p>Former Marsh executive Alex Lumby this week started work as Gallagher Australia CEO...</p>Thu, 26 Feb 2026 00:33:21 GMTKelly addresses IQumulate sale speculationhttps://www.insurancenews.com.au/the-broker/kelly-addresses-i-qumulate-sale-speculationhttps://www.insurancenews.com.au/the-broker/kelly-addresses-i-qumulate-sale-speculation<p>Steadfast has responded to media reports that it is &ldquo;weighing the future&rdquo; of its IQumulate premium funding business...</p>Thu, 26 Feb 2026 00:33:07 GMTMarsh head of affinity takes NIBA board seathttps://www.insurancenews.com.au/the-broker/marsh-head-of-affinity-takes-niba-board-seathttps://www.insurancenews.com.au/the-broker/marsh-head-of-affinity-takes-niba-board-seat<p>Kirsten Mills has joined the National Insurance Brokers Association board, replacing Gary Okely who departs after more than a decade...</p>Thu, 26 Feb 2026 00:32:12 GMTRepX AR offers PI for managed service providershttps://www.insurancenews.com.au/the-broker/rep-x-ar-offers-pi-for-managed-service-providershttps://www.insurancenews.com.au/the-broker/rep-x-ar-offers-pi-for-managed-service-providers<p>Cyber Threat Insure, a repX authorised representative, has launched a professional indemnity product designed for managed service providers...</p>Thu, 26 Feb 2026 00:31:52 GMTFormer young broker of year switches roleshttps://www.insurancenews.com.au/the-broker/former-young-broker-of-year-switches-roleshttps://www.insurancenews.com.au/the-broker/former-young-broker-of-year-switches-roles<p>The National Insurance Brokers Association young broker of the year for 2024, Emily-Rose Srbinovska, has started a new role as Canberra branch manager for Envest-backed Macey Insurance Brokers...</p>Thu, 26 Feb 2026 00:31:42 GMTClub Marine enters race for powerboat businesshttps://www.insurancenews.com.au/the-broker/club-marine-enters-race-for-powerboat-businesshttps://www.insurancenews.com.au/the-broker/club-marine-enters-race-for-powerboat-business<p>Allianz-owned Club Marine has started offering cover for race boats under a partnership with the Australian Offshore Powerboat Club...</p>Thu, 26 Feb 2026 00:31:25 GMTEML acquires majority stake in Guildhttps://www.insurancenews.com.au/breaking-news/eml-acquires-majority-stake-in-guildhttps://www.insurancenews.com.au/breaking-news/eml-acquires-majority-stake-in-guild<p>EML Group has secured a majority stake in Guild Insurance, in a strategic partnership that aims to open up growth opportunities and fast-track development of tech and AI...</p>Wed, 25 Feb 2026 05:22:00 GMT