insuranceNEWS.com.au - Daily

Bushfires labelled a catastrophe as tourist spot faces flood clean-up

Fri, 16 Jan 2026 05:18:10 GMT

The Victorian bushfires have been declared an insurance catastrophe, while flash floods along the state’s Great Ocean Road have added to an already wild summer...

Arch recruits Chubb casualty specialist

Fri, 16 Jan 2026 04:47:26 GMT

Arch Insurance Australia has appointed Andrew Whitlock as casualty underwriting manager for the northern region...

‘Alarming parallels’: nation vulnerable to LA-style blaze

Fri, 16 Jan 2026 04:34:42 GMT

Australia is lucky a catastrophic fire like those in Los Angeles last year has not hit any of its cities, according to the Climate Council...

AFCA ends disharmony over instrument claim

Fri, 16 Jan 2026 04:30:10 GMT

The complaints authority has told a policyholder to allow expert inspections of damaged musical instruments after it accepted her insurer had insufficient information to make a claim decision...

Fire threat, coverage shortfall ‘slowing clean power shift’

Thu, 15 Jan 2026 03:46:32 GMT

Risks associated with electricity poles and wires are making them uninsurable, threatening the transition to renewable energy, a specialist lawyer has warned...

November storms bill tops $2.6 billion: Perils

Thu, 15 Jan 2026 03:45:38 GMT

Storms in NSW and Queensland last November cost insurers about $2.66 billion, Perils says in an initial estimate...

HW International name change nods to founder’s legacy

Thu, 15 Jan 2026 03:25:35 GMT

HW International, a privately held broking group with offices in Europe and Australia, will change its trading name to Dubois following divestments and a move to new ownership...

Gold-class traveller denied weather payout

Thu, 15 Jan 2026 03:20:00 GMT

The financial services ombudsman has backed an insurer’s decision to deny a claim for a cancelled holiday because the policyholder did not buy optional natural disaster cover...

AI emerges as key concern for Australian businesses

Wed, 14 Jan 2026 05:11:40 GMT

Australian executives fear the downsides of artificial intelligence, according to Allianz’s annual global risk survey...

Brokers flag ‘critical’ flaw in TasInsure model

Wed, 14 Jan 2026 04:45:52 GMT

Tasmania’s plans for a state-owned insurer fail to consider the need for customer advice, which is a “critical omission”, while the proposed design could distort the market and increase risks for the government, brokers warn...

Capital surge stokes ‘competitive tension’ at January renewals

Wed, 14 Jan 2026 04:36:30 GMT

Rates fell in the January reinsurance renewals, in some cases down to 2022 levels, as excess capital drove “fierce” competition, according to global brokers...

AFCA backs car insurer after premium almost doubles

Wed, 14 Jan 2026 04:13:22 GMT

A motor policyholder has lost a dispute over a 97% increase to his annual premium after the complaints authority found his insurer made no error setting the price...

Industry ‘on front foot’ as Victorian bushfire claims pass 1300

Tue, 13 Jan 2026 05:28:06 GMT

The number of claims from the Victorian bushfires has risen to more than 1380 and insurers say they are in place to support customers...

‘Forever in our hearts’: tributes for Howden exec

Tue, 13 Jan 2026 04:13:02 GMT

Howden has paid tribute to head of workers’ compensation Georgie Ahern, who died last month after a prolonged battle with melanoma...

IAG adds RACQI to reinsurance plan

Tue, 13 Jan 2026 04:00:52 GMT

IAG has adjusted its catastrophe reinsurance to include RACQ Insurance, which it bought for $855 million last year...

Mercedes model mistake costs crash driver

Tue, 13 Jan 2026 03:58:08 GMT

A Mercedes owner will not be covered for a kangaroo collision after his insurance was cancelled over a model mix-up during the application process...

Industry ‘ready to assist’ as Victorian bushfire claims roll in

Mon, 12 Jan 2026 04:36:06 GMT

Insurers have activated disaster response teams in Victoria as the state confronts its worst bushfires since the 2019-20 Black Summer...

Wind and rain batter homes as ex-cyclone crosses Queensland

Mon, 12 Jan 2026 04:35:26 GMT

Ex-Cyclone Koji has brought heavy rain to Queensland, generating flash flood warnings after sweeping ashore yesterday morning...

Xceedance buys into agency and broker space

Mon, 12 Jan 2026 03:18:28 GMT

Xceedance has acquired US-based Marble Box, which provides tailored back-office services to independent insurance brokers and agencies...

Claimant wins payout row after ear fears delay return flight

Mon, 12 Jan 2026 03:15:06 GMT

A traveller who had to extend his stay in Bali because of an ear infection will receive an additional payout from his insurer following a complaints authority decision...