insuranceNEWS.com.au - LocalGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-au‘No winners’ amid America First trade policy, industry warnedhttps://www.insurancenews.com.au/local/no-winners-amid-america-first-trade-policy-industry-warnedhttps://www.insurancenews.com.au/local/no-winners-amid-america-first-trade-policy-industry-warned<p>Premium in Australia and other advanced Asia-Pacific economies grew 2.9% last year, according to Swiss Re&rsquo;s latest Sigma report...</p>Mon, 14 Jul 2025 03:52:55 GMT‘Home energy revolution’ to upend coveragehttps://www.insurancenews.com.au/local/home-energy-revolution-to-upend-coveragehttps://www.insurancenews.com.au/local/home-energy-revolution-to-upend-coverage<p>Home insurance policies will be transformed with almost every home, apartment block and small business on track to have solar panels and batteries by 2050, according to Finity...</p>Mon, 14 Jul 2025 03:52:45 GMTICNZ repeats warning as more severe weather hitshttps://www.insurancenews.com.au/local/icnz-repeats-warning-as-more-severe-weather-hitshttps://www.insurancenews.com.au/local/icnz-repeats-warning-as-more-severe-weather-hits<p>The Insurance Council of New Zealand has again called for improved resilience measures as parts of the country clean up after more heavy rainfall and damaging wind...</p>Mon, 14 Jul 2025 03:52:28 GMTQantas hack a warning to smaller businesses: Coalitionhttps://www.insurancenews.com.au/local/qantas-hack-a-warning-to-smaller-businesses-coalitionhttps://www.insurancenews.com.au/local/qantas-hack-a-warning-to-smaller-businesses-coalition<p>Cyber insurance specialist Coalition has urged SMEs to step up digital protections after hackers broke into Qantas&rsquo; customer database...</p>Mon, 14 Jul 2025 03:52:20 GMTLatest strata reforms allow for maintenance crackdownshttps://www.insurancenews.com.au/local/latest-strata-reforms-allow-for-maintenance-crackdownshttps://www.insurancenews.com.au/local/latest-strata-reforms-allow-for-maintenance-crackdowns<p>The next tranche of NSW strata reforms will increase Fair Trading&rsquo;s powers around building maintenance, benefiting strata managers, insurers and property owners affected by delayed repairs, industry stakeholders heard last week...</p>Mon, 14 Jul 2025 03:52:13 GMTTasInsure premium pledge ‘questionable’: Trowbridgehttps://www.insurancenews.com.au/local/tas-insure-premium-pledge-questionable-trowbridgehttps://www.insurancenews.com.au/local/tas-insure-premium-pledge-questionable-trowbridge<p>Industry consultant John Trowbridge says Tasmania&rsquo;s Liberals must thoroughly run the numbers and assess their business strategy before proceeding with a plan to create state-owned insurer TasInsure...</p>Mon, 07 Jul 2025 04:53:02 GMTIndustry M&A to ‘temper’ cat reinsurance demandhttps://www.insurancenews.com.au/local/industry-m-and-a-to-temper-cat-reinsurance-demandhttps://www.insurancenews.com.au/local/industry-m-and-a-to-temper-cat-reinsurance-demand<p>Recent takeover deals may affect catastrophe reinsurance renewals in the Australian market, according to Aon...</p>Mon, 07 Jul 2025 04:52:47 GMTNSW wild weather less damaging than expectedhttps://www.insurancenews.com.au/local/nsw-wild-weather-less-damaging-than-expectedhttps://www.insurancenews.com.au/local/nsw-wild-weather-less-damaging-than-expected<p>Insurers have been receiving claims after last week&rsquo;s NSW storms, but damage from the wind and heavy rain was not as severe as earlier feared...</p>Mon, 07 Jul 2025 04:47:40 GMTInsurer pays heavy price for tradies’ dust debaclehttps://www.insurancenews.com.au/local/insurer-pays-heavy-price-for-tradies-dust-debaclehttps://www.insurancenews.com.au/local/insurer-pays-heavy-price-for-tradies-dust-debacle<p>Hollard has been ordered to pay a complainant more than $225,000 after its appointed tradies damaged items in his house...</p>Mon, 07 Jul 2025 03:36:38 GMTHomeowners warned over winter fire riskhttps://www.insurancenews.com.au/local/homeowners-warned-over-winter-fire-riskhttps://www.insurancenews.com.au/local/homeowners-warned-over-winter-fire-risk<p>Suncorp has urged homeowners to be vigilant when using heating products, issuing a warning over the &ldquo;hidden danger&rdquo; of winter house fires...</p>Mon, 07 Jul 2025 03:34:20 GMTNew Northern Rivers flood map prompts fresh flood pool pushhttps://www.insurancenews.com.au/local/new-northern-rivers-flood-map-prompts-fresh-flood-pool-pushhttps://www.insurancenews.com.au/local/new-northern-rivers-flood-map-prompts-fresh-flood-pool-push<p>Lismore Mayor Steve Krieg has renewed his call for a national insurance pool after flood modelling from CSIRO showed the amount of work needed to protect the regional town...</p>Mon, 30 Jun 2025 05:03:09 GMTNZ insurers in action after heavy rain, floodinghttps://www.insurancenews.com.au/local/nz-insurers-in-action-after-heavy-rain-floodinghttps://www.insurancenews.com.au/local/nz-insurers-in-action-after-heavy-rain-flooding<p>New Zealand insurers are receiving claims after storms crossed the country late last week, with flooding particularly affecting the top of the South Island...</p>Mon, 30 Jun 2025 05:02:53 GMTAIG ‘fixing issue’ after $30k penaltyhttps://www.insurancenews.com.au/local/aig-fixing-issue-after-30k-penaltyhttps://www.insurancenews.com.au/local/aig-fixing-issue-after-30k-penalty<p>AIG says it is working to restore full compliance with the industry code of practice after receiving a $30,000 penalty for breaches related to complaints...</p>Mon, 30 Jun 2025 04:24:25 GMTSpiked tourist denied payout for stolen valuableshttps://www.insurancenews.com.au/local/spiked-tourist-denied-payout-for-stolen-valuableshttps://www.insurancenews.com.au/local/spiked-tourist-denied-payout-for-stolen-valuables<p>A traveller who said a room guest drugged and robbed him while he was holidaying in Colombia has lost a bid to have additional items covered by his insurer...</p>Mon, 30 Jun 2025 04:24:14 GMTSA gears up for e-scooters on roadshttps://www.insurancenews.com.au/local/sa-gears-up-for-e-scooters-on-roadshttps://www.insurancenews.com.au/local/sa-gears-up-for-e-scooters-on-roads<p>E-scooters and other personal mobility devices will be allowed on SA public roads and paths from July 13 after the state government finalised new regulations...</p>Mon, 30 Jun 2025 04:24:05 GMTQBE urges landlords to fill coverage gapshttps://www.insurancenews.com.au/local/qbe-urges-landlords-to-fill-coverage-gapshttps://www.insurancenews.com.au/local/qbe-urges-landlords-to-fill-coverage-gaps<p>QBE has warned landlords to ensure their coverage is adequate after a survey revealed many would face financial difficulties if their rental business was disrupted...</p>Mon, 30 Jun 2025 04:23:48 GMTHonesty the best policy, dispute service tells claimantshttps://www.insurancenews.com.au/local/honesty-the-best-policy-dispute-service-tells-claimantshttps://www.insurancenews.com.au/local/honesty-the-best-policy-dispute-service-tells-claimants<p>Policyholders have been warned against telling &ldquo;white lies&rdquo; at claim time after a couple were caught being dishonest over damage to their car...</p>Mon, 30 Jun 2025 04:23:30 GMTIndustry premium climbs towards $144 billionhttps://www.insurancenews.com.au/local/industry-premium-climbs-towards-144-billionhttps://www.insurancenews.com.au/local/industry-premium-climbs-towards-144-billion<p>Direct written premium in the Australian general insurance industry is projected to top $144 billion by 2029, according to GlobalData...</p>Mon, 23 Jun 2025 04:49:14 GMTNew Zealanders conflicted on risk pricing in climate crisishttps://www.insurancenews.com.au/local/new-zealanders-conflicted-on-risk-pricing-in-climate-crisishttps://www.insurancenews.com.au/local/new-zealanders-conflicted-on-risk-pricing-in-climate-crisis<p>IAG says New Zealanders hold a &ldquo;conflicting set of expectations&rdquo; on insurers&rsquo; obligation to cover locations facing higher risk of natural disasters...</p>Mon, 23 Jun 2025 04:49:02 GMTLawyer service helps hundreds of flood victims as demand surgeshttps://www.insurancenews.com.au/local/lawyer-service-helps-hundreds-of-flood-victims-as-demand-surgeshttps://www.insurancenews.com.au/local/lawyer-service-helps-hundreds-of-flood-victims-as-demand-surges<p>Legal Aid NSW says lawyers from its disaster response service have seen more than 500 clients since May 19 in relation to floods in the Mid North Coast, Hunter and Greater Sydney areas...</p>Mon, 23 Jun 2025 04:48:47 GMT