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Profit-rich property line drawing capacity, Marsh says

Mon, 27 Jul 2026 04:57:52 GMT

Australia’s commercial property market has a “supply and demand capacity imbalance” as pricing continues to tumble, according to Marsh...

ICA vows ‘thorough code review’ as consumers demand more protection

Mon, 27 Jul 2026 04:57:45 GMT

Work on an updated industry code has moved to the next phase, the Insurance Council of Australia says, as consumer groups continue to voice concerns over the proposed redraft...

More ransomware victims refuse payment demands

Mon, 27 Jul 2026 04:57:28 GMT

Most Australian organisations hit by ransomware attacks have refused to meet extortion payment demands, according to a Howden report...

Unit owner loses case against body corporate over leak repairs

Mon, 27 Jul 2026 04:56:58 GMT

A commercial unit owner that sued its body corporate over water damage has failed to prove its case, Queensland’s Body Corporate and Community Management agency has ruled...

Insurers well set in face of triple threat on cat losses

Mon, 27 Jul 2026 04:56:34 GMT

Most of the Asia-Pacific region’s largest insurers have enough capital to withstand a one in 250-year natural catastrophe, according to S&P Global Ratings...

Farming remains most deadly sector

Mon, 27 Jul 2026 04:55:35 GMT

Agricultural specialist WFI Insurance has warned of a rising injury toll on farms, saying livestock-related claims have risen 40% to the highest number this decade...

Motorsports funding turbocharges driver safety scheme

Mon, 27 Jul 2026 04:55:18 GMT

A Tasmanian safe driving program has scored a funding boost from the global governing body for motorsports...

Industry urged to collaborate on ‘agent economy’ risk

Mon, 20 Jul 2026 05:07:04 GMT

The speed of AI development has made its risk largely unpriced and invisible, and it is a time bomb for insurers, a new report says...

Insurer sorry for ‘customer service failure’ affecting transgender woman

Mon, 20 Jul 2026 04:53:22 GMT

An insurer has apologised to a transgender woman who criticised financial services companies over the challenges she faced trying to update her personal details...

Code committee to reveal findings on vulnerability measures

Mon, 20 Jul 2026 04:52:57 GMT

The General Insurance Code Governance Committee says it will soon release findings from its inquiry into the industry’s handling of temporary accommodation for vulnerable customers...

Injured farm worker wins payout battle

Mon, 20 Jul 2026 04:52:34 GMT

WorkCover Queensland must indemnify a man injured while repairing a tractor after an appeals court found he was employed by a family company even though there was no written employment contract...

Aon flags new wave of demand for M&A protection

Mon, 20 Jul 2026 04:52:25 GMT

Disclosure failures, financial statement inaccuracies, compliance breaches and tax exposure are all driving growth in transactional risk insurance, according to Aon...

Victorian bushfire loss estimate climbs to $860 million

Mon, 20 Jul 2026 04:52:17 GMT

Perils estimates the January bushfires in Victoria cost insurers $860 million, up from its previous assessment of $786 million and initial calculation of $810 million...

ICA hosts forum for storm victims

Mon, 20 Jul 2026 04:51:52 GMT

Policyholders with unresolved claims from November’s Port Pirie storm have been invited to attend information sessions run by the Insurance Council of Australia...

‘Why are brokers afraid of disclosing remuneration?’ asks code compliance chief

Mon, 13 Jul 2026 04:52:00 GMT

Chairman of the Insurance Brokers Code Compliance Committee Oscar Shub says a U-turn on remuneration disclosure for small businesses could damage the industry’s reputation, and the oversight body will fight the move...

El Nino threatens utilities, farmers: Fitch

Mon, 13 Jul 2026 04:51:48 GMT

Utilities and agriculture are among the most exposed sectors in Australia under El Nino conditions, Fitch Ratings has warned...

Software group loses bid to overturn retention ruling

Mon, 13 Jul 2026 04:51:38 GMT

The Federal Court has dismissed software company Nuix’s action against insurers concerning how retentions are applied when there are claims on two types of cover...

Water storage and release tipped to tackle NSW floods

Mon, 13 Jul 2026 04:51:23 GMT

The impact of large floods in the NSW Northern Rivers region could be reduced by building infrastructure to store and release water, CSIRO has found...

IAG polling supports levy reform case

Mon, 13 Jul 2026 04:51:14 GMT

Community polling commissioned by IAG has found only 7% of NSW voters support the current emergency services levy funding model...

Safety fears on menu as food makers face smorgasbord of risks

Mon, 13 Jul 2026 04:50:59 GMT

The food and drinks industry is losing confidence in its ability to manage risk in an increasingly volatile environment marked by surging litigation, according to a report from broker Willis...