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Silent alarm: insurers ‘moving to shut down AI exposures’

Mon, 27 Apr 2026 04:32:28 GMT

Underwriters are quickly adding exclusions as courts start to hold companies responsible for harm from AI tools...

Bureau flags dry spell for eastern Australia

Mon, 27 Apr 2026 04:32:07 GMT

Eastern Australia and parts of the southwest are likely to receive below-average rainfall from May to July, the Bureau of Meteorology says in its latest long-range forecast...

Ship collision case heads to China

Mon, 27 Apr 2026 04:03:36 GMT

The Federal Court has refused to allow legal action in Australia over two ships that collided in Chinese territorial waters...

Ombudsman ‘cannot make insurers’ fund climate upgrades

Mon, 27 Apr 2026 04:03:26 GMT

New Zealand’s financial services ombudsman has warned policyholders to be aware of coverage limitations after ruling against a family who wanted their floor level raising in a rebuild after flood damage...

Shareholder win sparks warning on D&O adequacy

Mon, 27 Apr 2026 04:03:12 GMT

A successful shareholder class action against logistics giant Brambles has raised the risk of more lawsuits and potential losses against directors and officers cover, experts say...

Cyclone, storms add to surge in weather claims: IAG NZ

Mon, 27 Apr 2026 04:02:58 GMT

IAG New Zealand has received 1000 claims arising from Cyclone Vaianu earlier this month, across home, contents, commercial, motor and boat policies...

Row over strata premium ‘best settled in court’

Mon, 27 Apr 2026 04:02:41 GMT

A dispute over how strata insurance premiums are apportioned between a backpacker hostel and apartment owners is headed for court, after an adjudicator ruled it needed settling in another jurisdiction...

Allianz aims to lift spirits after disasters strike

Mon, 27 Apr 2026 04:01:36 GMT

Allianz has created a mental health support program for communities hit by natural disasters...

Middle East turmoil fuels EV quote demand

Mon, 20 Apr 2026 05:06:14 GMT

Insurers are receiving more requests for quotes covering electric vehicles as Middle East fuel supply issues continue...

Leading insurers post strong revenue gains: AM Best

Mon, 20 Apr 2026 05:06:08 GMT

The top 10 Australian non-life insurers produced insurance services revenue of nearly $46 billion in their latest annual results, up 11.1%, an AM Best analysis shows...

‘Financial lines consequences’ flagged as fuel shock rocks companies

Mon, 20 Apr 2026 05:05:58 GMT

Economic shocks caused by the Middle East war have implications for financial risk exposure, law firm Kennedys has warned...

Psychiatric injury can’t be bolted on to back claim, judges say

Mon, 20 Apr 2026 05:05:37 GMT

A woman has lost her bid to have a mental illness treated as part of a back injury claim with WorkCover after the Queensland Appeal Court found they are two separate issues...

War sparks business interruption claims, Crawford says

Mon, 20 Apr 2026 05:05:06 GMT

Business interruptions linked to the Middle East War have emerged, according to claims services group Crawford & Company...

Energy group notifies insurers after huge refinery blaze

Mon, 20 Apr 2026 05:04:56 GMT

Viva Energy Group has told the Australian Securities Exchange it has property and business interruption cover for last week’s fire at its Geelong refinery...

Market upheaval ‘most profound’ war risk for APAC

Mon, 13 Apr 2026 04:37:18 GMT

Financial market turmoil poses the largest risk to Australian and other Asia-Pacific insurers stemming from the Iran war, according to an S&P Global Ratings report on the conflict’s impacts...

Midwives flag ‘systemic failure’ in PI coverage

Mon, 13 Apr 2026 04:37:12 GMT

The Australian College of Midwives has warned there are limited insurance offerings for members in private practice...

‘Significant event’: New Zealanders clean up after Vaianu

Mon, 13 Apr 2026 04:37:06 GMT

The Insurance Brokers Association of New Zealand says Cyclone Vaianu will have affected people still recovering from severe weather that hit earlier this year...

Court refuses to cap Toyota class action numbers

Mon, 13 Apr 2026 04:36:59 GMT

A judge has rejected a bid to limit participation in a class action over insurance attached to finance for car loans...

In Insurance News magazine this month

Mon, 13 Apr 2026 04:36:50 GMT

The tobacco wars and their impact on insurance make the cover of the April/May edition of Insurance News magazine, but it’s not all bad news...

‘Disaster inertia’ grips NZ, researchers warn

Mon, 13 Apr 2026 04:35:59 GMT

New Zealand’s disaster responses have simply involved doing more of the same every time, according to three academics who have researched post-catastrophe reviews across the past decade...