insuranceNEWS.com.au - All newsGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auLockton wants block on Aviso hires over non-compete clauseshttps://www.insurancenews.com.au/daily/lockton-wants-block-on-aviso-hires-over-non-compete-clauseshttps://www.insurancenews.com.au/daily/lockton-wants-block-on-aviso-hires-over-non-compete-clauses<p>Lockton has taken court action to stop two managers joining rival broking company Aviso or soliciting other staff or clients until September next year...</p>Fri, 12 Dec 2025 05:15:21 GMTBrokerage director faces drug supply chargeshttps://www.insurancenews.com.au/daily/brokerage-director-faces-drug-supply-chargeshttps://www.insurancenews.com.au/daily/brokerage-director-faces-drug-supply-charges<p>The director of a Sydney brokerage that was sprayed with bullets earlier this year has been charged with drugs and fraud offences...</p>Fri, 12 Dec 2025 05:11:06 GMTReview finds ‘limited’ awareness of legacy IT riskhttps://www.insurancenews.com.au/daily/review-finds-limited-awareness-of-legacy-it-riskhttps://www.insurancenews.com.au/daily/review-finds-limited-awareness-of-legacy-it-risk<p>A reliance on legacy IT systems is among weak spots identified in a review of 10 New Zealand insurers and 10 deposit-takers by the nation&rsquo;s Financial Markets Authority...</p>Fri, 12 Dec 2025 05:09:28 GMTInsurer ordered to fit genuine car part amid safety fearshttps://www.insurancenews.com.au/daily/insurer-must-fit-genuine-car-part-amid-safety-fearshttps://www.insurancenews.com.au/daily/insurer-must-fit-genuine-car-part-amid-safety-fears<p>The industry ombudsman has told Insurance Manufacturers of Australia to replace a car windscreen with an approved part instead of a cheaper aftermarket version...</p>Fri, 12 Dec 2025 05:09:09 GMTState MPs break deadlock on workers’ comp reformshttps://www.insurancenews.com.au/daily/state-mps-break-deadlock-on-workers-comp-reformshttps://www.insurancenews.com.au/daily/state-mps-break-deadlock-on-workers-comp-reforms<p>The NSW government and opposition have agreed on workers&rsquo; compensation reforms targeting psychological injuries that will allow stalled legislation to pass parliament next year...</p>Thu, 11 Dec 2025 05:37:10 GMTSpecial claws: motor accident scheme covers pet carehttps://www.insurancenews.com.au/daily/special-claws-motor-accident-scheme-covers-pet-carehttps://www.insurancenews.com.au/daily/special-claws-motor-accident-scheme-covers-pet-care<p>The cost of caring for pets can be covered by motor injury benefits, the NSW Supreme Court has ruled, in a case likely to set a legal precedent...</p>Thu, 11 Dec 2025 05:37:01 GMTCybersecurity confidence easily shattered, Marsh sayshttps://www.insurancenews.com.au/daily/cybersecurity-confidence-easily-shattered-marsh-sayshttps://www.insurancenews.com.au/daily/cybersecurity-confidence-easily-shattered-marsh-says<p>Marsh has warned against overconfidence after a survey found three-quarters of companies have a high level of faith in their digital risk management strategies...</p>Thu, 11 Dec 2025 05:26:14 GMTNo theft payout for victim of ‘duplicitous’ house guesthttps://www.insurancenews.com.au/daily/no-theft-payout-for-victim-of-duplicitous-house-guesthttps://www.insurancenews.com.au/daily/no-theft-payout-for-victim-of-duplicitous-house-guest<p>A theft victim who was distracted by a female guest while a man stole $31,400 worth of items from his home will not be covered for the loss because he invited the woman onto his property...</p>Thu, 11 Dec 2025 05:25:50 GMTSteadfast ‘not approached’ as M&A targethttps://www.insurancenews.com.au/the-broker/steadfast-not-approached-as-m-and-a-targethttps://www.insurancenews.com.au/the-broker/steadfast-not-approached-as-m-and-a-target<p>Steadfast has not received a takeover approach, CEO Robert Kelly told an analysts&rsquo; briefing this morning following media speculation a private equity firm may be interested...</p>Thu, 11 Dec 2025 01:14:26 GMTA loss of faith: landlord pays for undeclared religious meetingshttps://www.insurancenews.com.au/the-broker/a-loss-of-faith-landlord-pays-for-undeclared-religious-meetingshttps://www.insurancenews.com.au/the-broker/a-loss-of-faith-landlord-pays-for-undeclared-religious-meetings<p>AIG has won a dispute with a landlord that failed to disclose its building was no longer occupied by a restaurant and that a religious organisation met weekly on the upper floor...</p>Thu, 11 Dec 2025 01:10:50 GMTNew global and corporate boss in place at Aonhttps://www.insurancenews.com.au/the-broker/new-global-and-corporate-boss-in-place-at-aonhttps://www.insurancenews.com.au/the-broker/new-global-and-corporate-boss-in-place-at-aon<p>Aon has confirmed James Harmer has joined the company to lead a team of 170 people as head of global and corporate...</p>Thu, 11 Dec 2025 01:10:43 GMTNIBA brings Baum on boardhttps://www.insurancenews.com.au/the-broker/niba-brings-baum-on-boardhttps://www.insurancenews.com.au/the-broker/niba-brings-baum-on-board<p>WTW Pacific region CEO James Baum has joined the National Insurance Brokers Association board...</p>Thu, 11 Dec 2025 01:10:33 GMT‘Just the beginning’ as Howden expands commercial armhttps://www.insurancenews.com.au/the-broker/just-the-beginning-as-howden-expands-commercial-armhttps://www.insurancenews.com.au/the-broker/just-the-beginning-as-howden-expands-commercial-arm<p>Howden has added to its commercial team and launched an agricultural specialty unit, bringing in experienced broking professionals who will collaborate with its equine team and others...</p>Thu, 11 Dec 2025 01:08:39 GMTRed tape pulls brokers away from clients: Klipinhttps://www.insurancenews.com.au/the-broker/red-tape-pulls-brokers-away-from-clients-klipinhttps://www.insurancenews.com.au/the-broker/red-tape-pulls-brokers-away-from-clients-klipin<p>Compliance with &ldquo;layers and layers&rdquo; of regulation is forcing risk advisers to put off customer engagement, National Insurance Brokers Association CEO Richard Klipin warns...</p>Thu, 11 Dec 2025 01:08:10 GMTSurf star to address Steadfast conferencehttps://www.insurancenews.com.au/the-broker/surf-star-to-address-steadfast-conferencehttps://www.insurancenews.com.au/the-broker/surf-star-to-address-steadfast-conference<p>Media personality Adam Spencer and para surfer Sam Bloom will be keynote speakers at next year&rsquo;s Steadfast Convention...</p>Thu, 11 Dec 2025 00:59:42 GMTUnderwriter Level hails progress on BPA platformhttps://www.insurancenews.com.au/the-broker/underwriter-level-hails-progress-on-bpa-platformhttps://www.insurancenews.com.au/the-broker/underwriter-level-hails-progress-on-bpa-platform<p>New mobile plant and equipment specialist Level Underwriting says it has brought hundreds of brokers onto ChainThat&rsquo;s Beyond Policy Administration platform since going live in Australia last month...</p>Thu, 11 Dec 2025 00:59:13 GMTCompetition watchdog rejects IAG-RAC Insurance dealhttps://www.insurancenews.com.au/breaking-news/competition-watchdog-rejects-iag-rac-insurance-dealhttps://www.insurancenews.com.au/breaking-news/competition-watchdog-rejects-iag-rac-insurance-deal<p>The competitor regulator has opposed IAG&rsquo;s $1.35 billion acquisition of RAC Insurance, saying it could substantially reduce competition in the WA home and motor markets...</p>Wed, 10 Dec 2025 22:29:30 GMT‘Structurally flawed scheme’: industry hits out as CSLR levy confirmedhttps://www.insurancenews.com.au/daily/structurally-flawed-scheme-industry-hits-out-as-cslr-levy-confirmedhttps://www.insurancenews.com.au/daily/structurally-flawed-scheme-industry-hits-out-as-cslr-levy-confirmed<p>The federal government will impose a $47.3 million special levy to cover a Compensation Scheme of Last Resort funding shortfall, despite opposition from insurers and other financial services sectors...</p>Wed, 10 Dec 2025 05:22:29 GMTBrush with the law for painter who worked while on injury benefitshttps://www.insurancenews.com.au/daily/brush-with-the-law-for-painter-who-worked-while-on-injury-benefitshttps://www.insurancenews.com.au/daily/brush-with-the-law-for-painter-who-worked-while-on-injury-benefits<p>A former truck driver has been ordered to repay $114,262 after working as a commercial painter for almost three years while receiving workers&rsquo; compensation payments...</p>Wed, 10 Dec 2025 04:00:55 GMTBusiness owner loses covid BI case after family tragedyhttps://www.insurancenews.com.au/daily/business-owner-loses-covid-bi-case-after-family-tragedyhttps://www.insurancenews.com.au/daily/business-owner-loses-covid-bi-case-after-family-tragedy<p>A caterer who flew to England to attend a funeral for her father and her brother but could not return to Australia because of illness and covid rules has lost a business interruption dispute...</p>Wed, 10 Dec 2025 03:56:00 GMT