General insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auhttps://www.insurancenews.com.au/local/massive-destruction-wa-towns-count-cost-of-narellehttps://www.insurancenews.com.au/local/massive-destruction-wa-towns-count-cost-of-narelle<p>North West Cape in WA has suffered some of the worst damage from Tropical Cyclone Narelle, the biggest storm to hit the state since Seroja in April 2021...</p>Mon, 30 Mar 2026 04:15:39 GMThttps://www.insurancenews.com.au/local/conflict-poses-threat-to-underwriting-marginshttps://www.insurancenews.com.au/local/conflict-poses-threat-to-underwriting-margins<p>S&amp;P Global Ratings has warned of impacts on underwriting earnings from the Middle East war...</p>Mon, 30 Mar 2026 03:35:12 GMThttps://www.insurancenews.com.au/local/intermediated-premium-edges-uphttps://www.insurancenews.com.au/local/intermediated-premium-edges-up<p>General insurance intermediaries issued premium invoices totalling $22.97 billion in the six months to December, the Australian Prudential Regulation Authority says...</p>Mon, 30 Mar 2026 03:35:03 GMThttps://www.insurancenews.com.au/local/solicitors-demand-move-to-free-market-pi-coverhttps://www.insurancenews.com.au/local/solicitors-demand-move-to-free-market-pi-cover<p>A group of NSW solicitors have launched a petition calling for a Law Society general meeting over the lack of professional indemnity cover competition...</p>Mon, 30 Mar 2026 03:34:51 GMThttps://www.insurancenews.com.au/local/repair-worker-scarcity-makes-time-a-material-cost-in-claimshttps://www.insurancenews.com.au/local/repair-worker-scarcity-makes-time-a-material-cost-in-claims<p>A shortage of tilers and bricklayers is pushing up claims costs even as broader supply conditions stabilise, Crawford &amp; Company says...</p>Mon, 30 Mar 2026 03:34:40 GMThttps://www.insurancenews.com.au/local/who-s-the-boss-court-decides-in-damages-disputehttps://www.insurancenews.com.au/local/who-s-the-boss-court-decides-in-damages-dispute<p>A mechanic injured while repairing an excavator has won damages in a case that had to determine whether his employer was a labour hire business or the trucking company where he worked...</p>Mon, 30 Mar 2026 03:34:25 GMThttps://www.insurancenews.com.au/local/nrma-backed-flood-alerts-tested-in-queenslandhttps://www.insurancenews.com.au/local/nrma-backed-flood-alerts-tested-in-queensland<p>A driver flood alert tool has been launched in some Queensland council areas under an Australian-first trial of live updates delivered through GPS navigation apps...</p>Mon, 30 Mar 2026 03:31:29 GMThttps://www.insurancenews.com.au/local/window-still-open-for-add-on-disputes-claimohttps://www.insurancenews.com.au/local/window-still-open-for-add-on-disputes-claimo<p>Millions of people may still be eligible for refunds over &ldquo;junk&rdquo; add-on insurance, according to Claimo, which has criticised &ldquo;significant confusion&rdquo; caused by Australian Financial Complaints Authority deadlines...</p>Mon, 30 Mar 2026 03:30:24 GMThttps://www.insurancenews.com.au/local/narelle-tipped-to-regain-power-around-wa-coasthttps://www.insurancenews.com.au/local/narelle-tipped-to-regain-power-around-wa-coast<p>Flood emergency warnings remain in place for Katherine and surrounding areas after Ex-Tropical Cyclone Narelle brought heavy rain to the region while moving west towards WA...</p>Mon, 23 Mar 2026 03:38:39 GMThttps://www.insurancenews.com.au/local/code-committee-begins-search-for-new-chairhttps://www.insurancenews.com.au/local/code-committee-begins-search-for-new-chair<p>The General Insurance Code Governance Committee is looking for an independent chair to succeed Veronique Ingram at the end of her second term...</p>Mon, 23 Mar 2026 03:38:33 GMThttps://www.insurancenews.com.au/local/product-recalls-ease-but-regulators-sharply-focusedhttps://www.insurancenews.com.au/local/product-recalls-ease-but-regulators-sharply-focused<p>The number of Australian product safety &ldquo;market actions&rdquo;, including recalls, dropped 3.2% last year, according to Sedgwick...</p>Mon, 23 Mar 2026 03:38:26 GMThttps://www.insurancenews.com.au/local/pacific-w-and-i-market-stable-amid-global-pivothttps://www.insurancenews.com.au/local/pacific-w-and-i-market-stable-amid-global-pivot<p>Sharp downward pressure in transactional risk insurance pricing largely stabilised in the Pacific region last year amid a global market turn, a Marsh report says...</p>Mon, 23 Mar 2026 03:38:17 GMThttps://www.insurancenews.com.au/local/nation-suffers-summer-of-climate-whiplashhttps://www.insurancenews.com.au/local/nation-suffers-summer-of-climate-whiplash<p>Global heating impacts are overpowering natural climate drivers, leading Australia into a period of rapidly changing disaster risk, according to the Climate Council...</p>Mon, 23 Mar 2026 03:38:06 GMThttps://www.insurancenews.com.au/local/fresh-deluge-feared-as-industry-supports-nt-queensland-customershttps://www.insurancenews.com.au/local/fresh-deluge-feared-as-industry-supports-nt-queensland-customers<p>Flood warnings remain in place for parts of Queensland as insurers including Allianz, IAG and Suncorp mobilise staff to help affected customers...</p>Mon, 16 Mar 2026 04:01:00 GMThttps://www.insurancenews.com.au/local/insurers-forced-to-pay-up-on-2015-highway-flood-damagehttps://www.insurancenews.com.au/local/insurers-forced-to-pay-up-on-2015-highway-flood-damage<p>A dispute about expert reports on flooding in Queensland 11 years ago has been resolved, with a court finding against several insurers...</p>Mon, 16 Mar 2026 04:00:54 GMThttps://www.insurancenews.com.au/local/unlocked-car-was-attended-when-thieves-struckhttps://www.insurancenews.com.au/local/unlocked-car-was-attended-when-thieves-struck<p>A motorist who left his car unlocked with the keys inside should have his theft claim paid, the financial services ombudsman has ruled...</p>Mon, 16 Mar 2026 04:00:30 GMThttps://www.insurancenews.com.au/local/aviation-insurers-exposed-to-iran-risks-lawyers-warnhttps://www.insurancenews.com.au/local/aviation-insurers-exposed-to-iran-risks-lawyers-warn<p>The Iran war has implications for Australian insurers underwriting airlines, airports and aviation risks, according to law firm Kennedys...</p>Mon, 16 Mar 2026 03:24:36 GMThttps://www.insurancenews.com.au/local/an-excess-of-choices-authority-to-rule-on-double-coverage-disputehttps://www.insurancenews.com.au/local/an-excess-of-choices-authority-to-rule-on-double-coverage-dispute<p>A dispute service will be asked to decide if a body corporate acted reasonably when it charged one of its members the excess on an insurance claim...</p>Mon, 16 Mar 2026 03:24:23 GMThttps://www.insurancenews.com.au/local/repairers-double-down-on-rac-deal-concernshttps://www.insurancenews.com.au/local/repairers-double-down-on-rac-deal-concerns<p>The Motor Trades Association of Australia has reiterated its opposition to IAG&rsquo;s proposed acquisition of RAC Insurance, as the competition regulator considers a new application...</p>Mon, 16 Mar 2026 03:22:49 GMThttps://www.insurancenews.com.au/local/perils-finalises-alfred-loss-tally-at-1-87-billionhttps://www.insurancenews.com.au/local/perils-finalises-alfred-loss-tally-at-1-87-billion<p>Ex-Tropical Cyclone Alfred caused insured losses of about $1.877 billion, Perils says in its fourth and final estimate on the storm...</p>Mon, 16 Mar 2026 03:22:35 GMT