insuranceNEWS.com.au - DailyGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auKKR joins US partners’ buyout bid for Steadfasthttps://www.insurancenews.com.au/daily/kkr-joins-us-partners-buyout-bid-for-steadfasthttps://www.insurancenews.com.au/daily/kkr-joins-us-partners-buyout-bid-for-steadfast<p>Private equity giant Kohlberg Kravis Roberts has joined the consortium trying to acquire Steadfast for $7.7 billion...</p>Tue, 14 Jul 2026 06:21:43 GMTRogue broker jailed as new crime uncoveredhttps://www.insurancenews.com.au/daily/rogue-broker-jailed-as-new-crime-uncoveredhttps://www.insurancenews.com.au/daily/rogue-broker-jailed-as-new-crime-uncovered<p>A former SA insurance broker&rsquo;s suspended three-year prison sentence, imposed in 2013, has been activated after further offending...</p>Tue, 14 Jul 2026 06:16:47 GMTDive In opens registrations for one last ‘defining conversation’https://www.insurancenews.com.au/daily/dive-in-opens-registrations-for-one-last-defining-conversationhttps://www.insurancenews.com.au/daily/dive-in-opens-registrations-for-one-last-defining-conversation<p>Registration is open for the final installment of Dive In, taking place from September 22-24 with the theme &ldquo;the human gAIn: powering culture and connection&rdquo;...</p>Tue, 14 Jul 2026 06:16:21 GMTMental trauma not a ‘bodily injury’, ombudsman ruleshttps://www.insurancenews.com.au/daily/mental-trauma-not-a-bodily-injury-ombudsman-ruleshttps://www.insurancenews.com.au/daily/mental-trauma-not-a-bodily-injury-ombudsman-rules<p>A ride-share driver who was spat on and verbally abused by a passenger has lost his bid for a payout under a personal accident policy, because he was not physically harmed in the incident...</p>Tue, 14 Jul 2026 06:14:48 GMTIAG makes RAC ‘remedy offer’ to sweeten deal for regulatorhttps://www.insurancenews.com.au/daily/iag-makes-rac-remedy-offer-in-bid-to-sweeten-deal-for-regulatorhttps://www.insurancenews.com.au/daily/iag-makes-rac-remedy-offer-in-bid-to-sweeten-deal-for-regulator<p>IAG has tabled a series of &ldquo;remedy&rdquo; actions it would take to ease the competition watchdog&rsquo;s concerns over its planned $1.35 billion purchase of WA&rsquo;s RAC Insurance...</p>Fri, 10 Jul 2026 06:00:40 GMTAIG appoints interim CEOhttps://www.insurancenews.com.au/daily/aig-appoints-interim-ceohttps://www.insurancenews.com.au/daily/aig-appoints-interim-ceo<p>AIG Australia has named Claudio Saita interim CEO as it continues the hunt for a permanent replacement for former local chief Kat Warden...</p>Fri, 10 Jul 2026 06:00:32 GMTNIBA names award-winning WA brokershttps://www.insurancenews.com.au/daily/niba-names-award-winning-wa-brokershttps://www.insurancenews.com.au/daily/niba-names-award-winning-wa-brokers<p>KBI director Brooke Tarr has been named WA broker of the year and Howden&rsquo;s Isabella Moran has won the state award for best young broker...</p>Fri, 10 Jul 2026 06:00:26 GMTSecond time unlucky for customer who crashed hire carhttps://www.insurancenews.com.au/daily/second-time-unlucky-for-customer-who-crashed-hire-vehiclehttps://www.insurancenews.com.au/daily/second-time-unlucky-for-customer-who-crashed-hire-vehicle<p>An insurer that arranged a hire car after accepting a policyholder&rsquo;s collision claim does not have to pay for damage to the rented vehicle in a second accident, the industry ombudsman has ruled...</p>Fri, 10 Jul 2026 06:00:15 GMTHollard acts on customer data concerns after cyber breachhttps://www.insurancenews.com.au/daily/hollard-acts-on-customer-data-concerns-after-cyber-breachhttps://www.insurancenews.com.au/daily/hollard-acts-on-customer-data-concerns-after-cyber-breach<p>A cyber incident at Hollard has affected some of the insurer&rsquo;s customers, whose personal information may have been compromised...</p>Thu, 09 Jul 2026 06:32:03 GMTRegulator launches criminal action against Netstratahttps://www.insurancenews.com.au/daily/regulator-launches-criminal-action-against-netstratahttps://www.insurancenews.com.au/daily/regulator-launches-criminal-action-against-netstrata<p>NSW Fair Trading has begun criminal proceedings against Netstrata, claiming the strata manager breached its statutory obligations, did not adequately disclose or appropriately manage conflicts of interest and received undisclosed financial benefits...</p>Thu, 09 Jul 2026 06:29:00 GMT‘Significant weakness’: broker code committee slams NIBA U-turnhttps://www.insurancenews.com.au/daily/significant-weakness-broker-code-committee-slams-niba-u-turnhttps://www.insurancenews.com.au/daily/significant-weakness-broker-code-committee-slams-niba-u-turn<p>The National Insurance Brokers Association has faced further criticism for retreating from a previously accepted recommendation to enhance remuneration disclosure for small businesses in its updated code of practice...</p>Thu, 09 Jul 2026 06:28:37 GMTArrow hits target with Fusion acquisitionhttps://www.insurancenews.com.au/daily/arrow-hits-target-with-fusion-acquisitionhttps://www.insurancenews.com.au/daily/arrow-hits-target-with-fusion-acquisition<p>Fusion Specialty Group, founded in Australia in 2018, has been acquired by European investment manager Arrow Global Group...</p>Thu, 09 Jul 2026 06:25:08 GMTAon pair take NSW broker awardshttps://www.insurancenews.com.au/daily/aon-pair-take-nsw-broker-awardshttps://www.insurancenews.com.au/daily/aon-pair-take-nsw-broker-awards<p>Two Aon professionals have been crowned broker and young broker of the year for NSW and ACT...</p>Wed, 08 Jul 2026 06:21:21 GMTQBE questionnaire informs business risk reportshttps://www.insurancenews.com.au/daily/qbe-questionnaire-informs-business-risk-reportshttps://www.insurancenews.com.au/daily/qbe-questionnaire-informs-business-risk-reports<p>QBE has created a self-assessment tool that gives businesses risk management guidance...</p>Wed, 08 Jul 2026 06:20:34 GMTAFCA rejects call for assurance on dementia patient’s coverhttps://www.insurancenews.com.au/daily/afca-rejects-call-for-assurance-on-dementia-patient-s-coverhttps://www.insurancenews.com.au/daily/afca-rejects-call-for-assurance-on-dementia-patient-s-cover<p>A home and contents insurer is not required to confirm that its accidental damage protection will cover the actions of a policyholder with advanced dementia, the industry ombudsman has ruled...</p>Wed, 08 Jul 2026 06:01:56 GMTINsight podcast: what can we learn from reinsurance renewals?https://www.insurancenews.com.au/daily/insight-podcast-what-can-we-learn-from-reinsurance-renewalshttps://www.insurancenews.com.au/daily/insight-podcast-what-can-we-learn-from-reinsurance-renewals<p>The mid-year reinsurance renewals are the first issue discussed on the latest episode of the Insurance News podcast...</p>Wed, 08 Jul 2026 04:58:26 GMTANZIIF lists 2026 award finalistshttps://www.insurancenews.com.au/daily/anziif-lists-2026-award-finalistshttps://www.insurancenews.com.au/daily/anziif-lists-2026-award-finalists<p>The Australian and New Zealand Institute of Insurance and Finance has unveiled the full list of finalists for its 22nd awards event, to be held in Sydney on August 13...</p>Tue, 07 Jul 2026 06:37:12 GMTClover returns to home with new capacity providerhttps://www.insurancenews.com.au/daily/clover-returns-to-home-with-new-capacity-providerhttps://www.insurancenews.com.au/daily/clover-returns-to-home-with-new-capacity-provider<p>Underwriting agency Clover Insurance has resumed offering home and landlord cover, backed by capacity provider Aioi Nissay Dowa Insurance Company Australia...</p>Tue, 07 Jul 2026 06:22:23 GMTESL reform to benefit hardest-hit insureds, analysis showshttps://www.insurancenews.com.au/daily/esl-reform-to-benefit-hardest-hit-insureds-analysis-showshttps://www.insurancenews.com.au/daily/esl-reform-to-benefit-hardest-hit-insureds-analysis-shows<p>Households in high-risk regions, people on low incomes and small businesses would gain the most from emergency services levy reform, research released by the Insurance Council of Australia shows...</p>Tue, 07 Jul 2026 06:22:08 GMTTitanic defeat: AFCA sinks couple’s iceberg crash claimhttps://www.insurancenews.com.au/daily/titanic-defeat-afca-sinks-couple-s-iceberg-crash-claimhttps://www.insurancenews.com.au/daily/titanic-defeat-afca-sinks-couple-s-iceberg-crash-claim<p>A couple who were on a cruise ship that struck an iceberg off Antarctica have lost a claim dispute over their early return to port...</p>Tue, 07 Jul 2026 06:21:32 GMT