insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSedgwick shares claims lessons from year of catastropheshttps://www.insurancenews.com.au/local/sedgwick-shares-claims-lessons-from-year-of-catastropheshttps://www.insurancenews.com.au/local/sedgwick-shares-claims-lessons-from-year-of-catastrophes<p>Preparation and people on the ground are crucial for insurers when handling natural disasters, according to claims manager Sedgwick...</p>Thu, 15 Oct 2026 05:31:44 GMTArteva boss takes group role as Hunter chief to retirehttps://www.insurancenews.com.au/corporate/arteva-boss-takes-group-role-as-hunter-chief-to-retirehttps://www.insurancenews.com.au/corporate/arteva-boss-takes-group-role-as-hunter-chief-to-retire<p>Hunter Premium Funding CEO Brad Bartlem is retiring after 26 years with the business, which operates across Australia and New Zealand...</p>Thu, 15 Oct 2026 05:30:26 GMTExclusions scupper ANZ class action claimhttps://www.insurancenews.com.au/local/exclusions-scupper-anz-class-action-claimhttps://www.insurancenews.com.au/local/exclusions-scupper-anz-class-action-claim<p>ANZ Bank has lost legal action aiming to make a group of 26 insurers and Lloyd&rsquo;s syndicates cover its costs from settling two class actions...</p>Thu, 15 Oct 2026 05:21:37 GMTRecycling business charged after worker injured by explosionhttps://www.insurancenews.com.au/regulatory-government/recycling-business-charged-after-worker-injured-by-explosionhttps://www.insurancenews.com.au/regulatory-government/recycling-business-charged-after-worker-injured-by-explosion<p>Victoria&rsquo;s WorkSafe is taking a scrap recycling business to court after a worker was seriously injured in an explosion...</p>Thu, 15 Oct 2026 05:16:22 GMTClaim denial over driving offences doesn’t add uphttps://www.insurancenews.com.au/daily/claim-denial-over-driving-offences-doesn-t-add-uphttps://www.insurancenews.com.au/daily/claim-denial-over-driving-offences-doesn-t-add-up<p>An insurer has been ordered to reinstate a commercial motor policy and reassess a truck vandalism claim after failing to prove the policyholder breached its duty of disclosure around driving offences...</p>Thu, 15 Oct 2026 02:24:26 GMTAn ice bonus for adventurer who was misled and missed sledhttps://www.insurancenews.com.au/daily/an-ice-bonus-for-adventurer-who-was-misled-and-missed-sledhttps://www.insurancenews.com.au/daily/an-ice-bonus-for-adventurer-who-was-misled-and-missed-sled<p>An insurer has been ordered to increase a compensation offer after incorrectly telling a traveller her policy did not cover a pre-booked husky sledding tour in Finland...</p>Wed, 14 Oct 2026 05:11:10 GMTIAG makes fresh pledges in push to seal RAC dealhttps://www.insurancenews.com.au/corporate/iag-makes-fresh-pledges-in-push-to-seal-rac-dealhttps://www.insurancenews.com.au/corporate/iag-makes-fresh-pledges-in-push-to-seal-rac-deal<p>IAG has proposed selling its NRMA Insurance home and motor portfolio renewal rights in WA and investing $20 million in resilience initiatives to assure the competition regulator its planned RAC acquisition is in the public interest...</p>Wed, 14 Oct 2026 05:10:27 GMTAdvice group cops $1.3m ‘sting’ over cyber failingshttps://www.insurancenews.com.au/regulatory-government/advice-group-cops-1-3m-sting-over-cyber-failingshttps://www.insurancenews.com.au/regulatory-government/advice-group-cops-1-3m-sting-over-cyber-failings<p>Financial advice group Fortnum Private Wealth has been fined $1.35 million over cybersecurity lapses including a data breach in 2022 that affected more than 9000 clients...</p>Wed, 14 Oct 2026 04:56:02 GMTWinds of change: Suncorp data reveals shift in storm hotspotshttps://www.insurancenews.com.au/local/winds-of-change-suncorp-data-reveals-shift-in-storm-hotspotshttps://www.insurancenews.com.au/local/winds-of-change-suncorp-data-reveals-shift-in-storm-hotspots<p>Severe storm damage hotspots have shifted across most states over the past five years, according to Suncorp claims data...</p>Wed, 14 Oct 2026 04:55:16 GMTINsight podcast: Hollard’s good faith fine and what it meanshttps://www.insurancenews.com.au/the-professional/insight-podcast-hollard-s-good-faith-fine-and-what-it-meanshttps://www.insurancenews.com.au/the-professional/insight-podcast-hollard-s-good-faith-fine-and-what-it-means<p>A $2 million fine imposed on Hollard for claim handling failures is one of the main topics discussed on the latest Insurance News podcast...</p>Wed, 14 Oct 2026 04:48:05 GMTTruckies steering towards safety as major crash toll dropshttps://www.insurancenews.com.au/local/truckies-steering-towards-safety-as-major-crash-toll-dropshttps://www.insurancenews.com.au/local/truckies-steering-towards-safety-as-major-crash-toll-drops<p>Heavy truck major loss claim numbers fell 22.3% last year, with more than half linked to driver inattention and other human-related causes, according to an NTI-backed report...</p>Tue, 13 Oct 2026 05:10:44 GMTMental strain ‘hits harder’ for regional workershttps://www.insurancenews.com.au/local/mental-strain-hits-harder-for-regional-workershttps://www.insurancenews.com.au/local/mental-strain-hits-harder-for-regional-workers<p>Regional employees are disproportionately affected by workplace mental health challenges compared with metropolitan people, with impacts including longer recovery periods after claims, Allianz Australia research shows...</p>Tue, 13 Oct 2026 05:10:25 GMTANZIIF names New Zealand awards contendershttps://www.insurancenews.com.au/the-professional/anziif-names-new-zealand-awards-contendershttps://www.insurancenews.com.au/the-professional/anziif-names-new-zealand-awards-contenders<p>The Australian and New Zealand Institute of Insurance and Finance has announced the finalists for its NZ awards program...</p>Tue, 13 Oct 2026 05:08:44 GMTLast chance to sign up for free webinar on ‘fixing communication’https://www.insurancenews.com.au/the-professional/last-chance-to-sign-up-for-free-webinar-on-fixing-communicationhttps://www.insurancenews.com.au/the-professional/last-chance-to-sign-up-for-free-webinar-on-fixing-communication<p>An Insurance News webinar takes place tomorrow at 10.30am, focused on how insurers can turn around communication with customers that too often is &ldquo;fragmented and failing&rdquo;...</p>Tue, 13 Oct 2026 05:06:55 GMTCrash driver fails to wipe excess by blaming ‘jaywalking pedestrian’https://www.insurancenews.com.au/daily/write-off-right-driver-wrong-as-afca-rejects-payout-complainthttps://www.insurancenews.com.au/daily/write-off-right-driver-wrong-as-afca-rejects-payout-complaint<p>The industry ombudsman has backed an insurer&rsquo;s decision to write off a car that hit a pedestrian, rejecting the owner&rsquo;s argument the company overstated repair costs...</p>Tue, 13 Oct 2026 05:06:30 GMTHollard fined $2m after storm claimants ‘left in limbo for years’https://www.insurancenews.com.au/regulatory-government/hollard-fined-2m-after-storm-claimants-left-in-limbo-for-yearshttps://www.insurancenews.com.au/regulatory-government/hollard-fined-2m-after-storm-claimants-left-in-limbo-for-years<p>The Federal Court has fined Hollard $2 million over failures handling a home and contents claim made by a couple after a storm damaged their roof...</p>Fri, 09 Oct 2026 05:17:01 GMTCanberra drops plan to slash disaster recovery fundinghttps://www.insurancenews.com.au/regulatory-government/canberra-drops-plan-to-slash-disaster-recovery-fundinghttps://www.insurancenews.com.au/regulatory-government/canberra-drops-plan-to-slash-disaster-recovery-funding<p>The federal government has scrapped proposed changes to the Disaster Recovery Funding Framework after a campaign by Queensland councils and politicians...</p>Fri, 09 Oct 2026 05:13:59 GMTIndustry questions Treasury calculations on compo scheme levyhttps://www.insurancenews.com.au/regulatory-government/industry-questions-treasury-calculations-on-compo-scheme-levyhttps://www.insurancenews.com.au/regulatory-government/industry-questions-treasury-calculations-on-compo-scheme-levy<p>Insurers have pressed for a rethink on their share of the $170.3 million special levy to cover a cost blowout in the Compensation Scheme of Last Resort, questioning the metrics used to decide contributions...</p>Fri, 09 Oct 2026 05:13:44 GMTPolicyholders telling porkies to pare premiumshttps://www.insurancenews.com.au/local/policyholders-telling-porkies-to-pare-premiumshttps://www.insurancenews.com.au/local/policyholders-telling-porkies-to-pare-premiums<p>More than one in five Australians bend the truth on their home insurance applications to save money, according to research by comparison site Finder...</p>Fri, 09 Oct 2026 05:13:00 GMTAFCA sides with car insurer in row over fair valuehttps://www.insurancenews.com.au/daily/afca-sides-with-car-insurer-in-row-over-fair-valuehttps://www.insurancenews.com.au/daily/afca-sides-with-car-insurer-in-row-over-fair-value<p>The industry ombudsman has backed an insurer after policyholders complained they were misled into believing their car&rsquo;s agreed value reflected its market worth...</p>Fri, 09 Oct 2026 05:10:16 GMT