insuranceNEWS.com.au - Local

Too much information: insurers must explain personal questions

Mon, 01 Dec 2025 04:13:32 GMT

A code governance committee review of online motor applications has found insurers often fail to explain why they are asking for information around relationships or employment – and it urges less reliance on bankruptcy as an indicator of risk...

Household cover headlines short-tail gains

Mon, 01 Dec 2025 04:08:20 GMT

Short-tail insurance lines delivered an underwriting profit of $1.55 billion in the September quarter, driven by householders’ contribution of $636 million...

Storm, hail claim count passes 44,000

Mon, 01 Dec 2025 04:08:13 GMT

The Insurance Council of Australia has extended its catastrophe declaration to include all storms and hail that hit Queensland and NSW from November 20-27...

AFCA rewrites rule book after consultation

Mon, 01 Dec 2025 04:08:04 GMT

The Australian Financial Complaints Authority has published its revised rules following approval from the corporate regulator...

Tribunal to rule again on crash victim’s ‘work journey’

Mon, 01 Dec 2025 04:07:48 GMT

A Pilates instructor who was hit by a bicycle while taking a walk between shifts has won an appeal seeking a review of the decision to deny her workers’ compensation...

Allianz summer risk report warns on vulnerable homes

Mon, 01 Dec 2025 04:07:28 GMT

Allianz has launched a free online report to encourage Australians to prepare for the increased risks summer can bring...

Fina heads for WA as Darwin begins clean-up

Mon, 24 Nov 2025 04:10:12 GMT

Emergency warnings are in place in WA as Cyclone Fina moves towards the northeast Kimberley coast, leaving behind a trail of damage in Darwin and surrounding areas...

Actuaries demand long-term vision on adaptation funds

Mon, 24 Nov 2025 04:01:08 GMT

Australia needs a co-ordinated national plan and to spend tens of billions of dollars on climate adaptation and resilience in coming decades, the Actuaries Institute says...

Warning as bushfire threat rises ‘at pace’

Mon, 24 Nov 2025 04:00:55 GMT

IAG has urged NSW residents to be ready as this year’s bushfire season takes shape...

Underground pipes are part of building, court finds

Mon, 24 Nov 2025 04:00:35 GMT

Storage tank pipes at a petrol station can be classified part of an insured building, the NSW Court of Appeal has ruled...

Indigenous fire plan program wins resilience award

Mon, 24 Nov 2025 04:00:22 GMT

The Victorian Department of Energy, Environment and Climate Action has won a major prize at this year’s Resilient Australia National Awards...

GB employs tech tools to tackle workers’ comp fraud

Mon, 24 Nov 2025 04:00:04 GMT

Claims manager Gallagher Bassett is ramping up its ability to detect workers’ compensation fraud by investing in advanced data and analytics tools...

Small businesses feeling the crunch of insurance costs

Mon, 17 Nov 2025 04:05:24 GMT

A new report has revealed insurance as one of the top financial pressures impacting small businesses, as more organisations report worsening profits over the past 12 months...

Judge backs ship owner in paint spat

Mon, 17 Nov 2025 04:05:17 GMT

The Federal Court says IAG is responsible for a claim after its customer was found liable for a poor paint job on a ship...

Dispute body fires warning over dishonest claims

Mon, 17 Nov 2025 04:05:08 GMT

New Zealand’s insurance ombudsman has warned consumers to be honest when claiming for flood damage...

Lawcover fails to head off lawyer’s indemnity action

Mon, 17 Nov 2025 04:04:31 GMT

Legal insurer Lawcover has lost a bid to prevent court action by a lawyer after it denied his claim for professional indemnity cover...

Australian market pressures drive 'innovative' hazard responses

Mon, 17 Nov 2025 04:04:14 GMT

Global Insurance Law Connect has highlighted encouraging developments in the Australian insurance market’s response to growing natural hazard risks in its inaugural Property Catastrophe and Climate Governance Report...

Many people ‘dangerously unprepared’ for disaster threat

Mon, 17 Nov 2025 04:03:53 GMT

AAMI warns insurer messaging is not reaching consumers, as internal research reveals many Australians do not know how to prepare for natural hazards...

Quake studies win hazards commission funding

Mon, 17 Nov 2025 04:03:40 GMT

New Zealand researchers will study retrofits to make homes safer in earthquakes and floods and search for hidden faults in Auckland thanks to grants from the Natural Hazards Commission...

New Zealanders back restrictions on building in high-risk areas

Mon, 17 Nov 2025 04:03:26 GMT

A new Insurance Council of New Zealand survey found 53% of residents support restrictions on construction in high-risk areas to prevent insurance becoming unaffordable...