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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...

Youi initiative aims to address customer preparation gap

Mon, 17 Nov 2025 04:02:48 GMT

Youi has launched a new resource hub to help consumers better prepare for severe weather events...

Cut red tape by cutting misconduct, consumer lobby says

Mon, 10 Nov 2025 03:55:59 GMT

If insurers want less regulation they should improve their behaviour, a consumer lobby group has said after an industry report showed oversight costs up to $3.5 billion a year...

State insurer ends loss streak as premium climbs

Mon, 10 Nov 2025 03:55:53 GMT

The Victorian Managed Insurance Authority has turned around three years of losses to report a $118 million operating surplus for 2024-25...

AFCA unable to publish determinations due to ‘system issue’

Mon, 10 Nov 2025 03:55:16 GMT

The Australian Financial Complaints Authority has confirmed it has not been publishing determinations for more than a month...

ICA sounds alarm on ‘disaster chasers’ after Brisbane storms

Mon, 10 Nov 2025 03:54:47 GMT

The Insurance Council of Australia has warned homeowners hit by recent storms in southeast Queensland to beware opportunistic “disaster chasers”...

New Zealand shakes up quake building standards

Mon, 10 Nov 2025 03:54:30 GMT

About 55% of the properties in New Zealand’s earthquake-prone building system will be removed under proposed reforms...

Ombudsman backs insurer in vehicle value row

Mon, 10 Nov 2025 03:54:21 GMT

A car owner who alleged his insurer did not properly notify him of a 31% drop in his vehicle’s agreed value has lost his bid for a payout increase...

Insurers to revisit Alfred-hit communities

Mon, 10 Nov 2025 03:53:06 GMT

The Insurance Council of Australia will host more consultation sessions in southeast Queensland for people affected by Ex-Tropical Cyclone Alfred...

IAG warns of weather threats as warming blows through targets

Mon, 03 Nov 2025 03:59:43 GMT

IAG warns it is “increasingly probable” global warming will exceed 2 degrees above pre-industrial levels, bringing more extreme natural hazards to Australia...

Queensland claims rise as ‘humungous’ hail hits

Mon, 03 Nov 2025 03:39:54 GMT

Recent severe weather in Queensland has prompted 21,850 claims, the Insurance Council of Australia says...

MGA founder proposes strata commissions limit

Mon, 03 Nov 2025 02:29:10 GMT

MGA executive chairman and founder John George says sharing of insurance commissions between strata managers and brokers does not need banning, but a percentage limit should be enforced to prevent “gouging”...

Court sends message on crane safety after leg crushed

Mon, 03 Nov 2025 02:22:48 GMT

A business breached its duty of care to a truck driver by failing a provide a safe system of work, the NSW Supreme Court has found...