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‘Nothing improper about commissions’: brokers speak up on code debate

Fri, 18 Sep 2026 05:58:32 GMT

Brokers have rebutted criticism of commission disclosure practices, arguing that clients will not benefit from expanded obligations...

Australian mutual use growing, report says

Thu, 17 Sep 2026 06:32:53 GMT

More Australian entities are using discretionary risk mutuals, bypassing traditional insurance products to protect their assets, according to a report released today...

Levy says ‘ethical brokers’ disclose commission

Tue, 15 Sep 2026 06:01:58 GMT

Quality of Advice reviewer Michelle Levy has had her say on the National Insurance Brokers Association draft code, arguing that all commissions should be disclosed...

Insurers gaining ground on fraudsters, says ICA

Mon, 14 Sep 2026 04:20:13 GMT

More than $100 million in losses was prevented by the Insurance Crime Intelligence Network of Australia in its second year of operation, the ICA’s counter-fraud CEO Andrew Gill told the Sydney Claims Convention...

Market looks good but claims building

Mon, 14 Sep 2026 04:20:00 GMT

The Australian insurance market remains profitable but there is a risk that market softness runs ahead of emerging claims experience, warns Hall & Wilcox in its Australian specialty insurance market outlook...

Property level intelligence to assess bushfire risk

Mon, 14 Sep 2026 04:19:51 GMT

A study of the January 2026 Victorian bushfires has found the individual characteristics of a property can affect its vulnerability...

PI market set to stay soft

Mon, 14 Sep 2026 04:19:35 GMT

The professional indemnity market will remain subdued for the next year, with a projected softening of 5%, according to Taylor Fry...

Sea level rise 'to cause billions in damage'

Mon, 14 Sep 2026 04:19:15 GMT

Coastal flooding is expected to damage 267,000 properties and two million of hectares across the nation this century, according to the Climate Council...

Watch out, disaster chasers are about

Mon, 14 Sep 2026 04:19:08 GMT

Ahead of the storm season, NRMA Insurance has warned people to be on the lookout for "disaster chasers" who it says have scammed 1700 customers in the past five years...

Data breach class action environment deteriorates

Fri, 11 Sep 2026 05:37:27 GMT

A "perfect storm" of factors has worsened the outlook for data breach-related class actions after a recent lull, lawyers told the Australasian Professional Indemnity Group conference...

Driver charged over crash that killed broking leader

Thu, 10 Sep 2026 05:59:16 GMT

US authorities have charged the 87-year-old driver who allegedly ran a red light at an intersection in Nashville, killing Australian broking leader Tim Wedlock and injuring three others...

Victoria tops nation for home burglary and car theft: ICA

Thu, 10 Sep 2026 05:59:09 GMT

Victoria’s next government must establish stronger information sharing arrangements between police, government and insurers to stem the explosion of property and vehicle theft, says the Insurance Council of Australia...

INsight podcast: reinsurance issues in focus

Wed, 09 Sep 2026 02:54:06 GMT

Reinsurance trends are the main focus on the latest episode of the Insurance News podcast, as the industry wraps up its annual gathering in Monte Carlo...

Start with claims and work backwards, industry leaders told

Mon, 07 Sep 2026 04:48:34 GMT

Putting customers at the centre of operations is the key to a successful claims function, experts told the Curium compliance conference...

Home resilience ratings put to test in Queensland

Mon, 07 Sep 2026 04:45:24 GMT

Gold Coast residents are trialling a self-assessment app that measures how resilient their home would prove in a flood, severe storm, tropical cyclone or bushfire...

Judge cuts supersized damages claim after Maccas slip

Mon, 07 Sep 2026 04:45:17 GMT

A McDonald’s customer who claimed $2.15 million in damages after slipping in a restaurant has been awarded just $14,740 after a judge found he failed to take reasonable care...

Mayor upbeat on Bundaberg levee talks

Mon, 07 Sep 2026 04:44:16 GMT

Discussions on building a flood levee in Bundaberg were described as “very positive” following a roundtable involving insurers, local councils, and state and federal government representatives...

NRMA grants help flood-hit communities prepare

Mon, 07 Sep 2026 04:44:01 GMT

NRMA Insurance’s Help Fund has announced inaugural grants enabling 23 community groups across the NSW Northern Rivers region to strengthen disaster resilience...

Household cover returns to profit

Mon, 31 Aug 2026 05:18:19 GMT

Householders insurance recorded an underwriting profit of $431 million in the June quarter, down from $702 million a year earlier, according to Australian Prudential Regulation Authority data...

Family and friends farewell Tim Wedlock

Mon, 31 Aug 2026 05:18:13 GMT

About 2000 people, including many from the insurance industry, gathered in Sydney yesterday to celebrate the life of Tim Wedlock, who died in a road accident while in the US...