insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auTim Wedlock tributes transcend brokinghttps://www.insurancenews.com.au/the-broker/tim-wedlock-tributes-transcend-brokinghttps://www.insurancenews.com.au/the-broker/tim-wedlock-tributes-transcend-broking<p>Tributes have continued to flow for broking leader Tim Wedlock, with the broader insurance industry and beyond recognising his remarkable contribution...</p>Thu, 06 Aug 2026 02:15:14 GMTPolice wait to question driver over crash that killed industry leaderhttps://www.insurancenews.com.au/the-broker/police-wait-to-question-driver-over-crash-that-killed-industry-leaderhttps://www.insurancenews.com.au/the-broker/police-wait-to-question-driver-over-crash-that-killed-industry-leader<p>US investigators say they &ldquo;have yet to determine&rdquo; why an 87-year-old driver allegedly ran a red light at an intersection in Nashville at the weekend, killing Australian broking leader Tim Wedlock and injuring three other pedestrians...</p>Thu, 06 Aug 2026 02:15:03 GMTBroker vindicated as ombudsman finds policyholder at fault on disclosurehttps://www.insurancenews.com.au/the-broker/broker-vindicated-as-ombudsman-finds-policyholder-at-fault-on-disclosurehttps://www.insurancenews.com.au/the-broker/broker-vindicated-as-ombudsman-finds-policyholder-at-fault-on-disclosure<p>A commercial property owner who demanded her broker pay for storm damage repairs after her claim was rejected has lost a dispute before the industry ombudsman...</p>Thu, 06 Aug 2026 02:14:27 GMTCyber buyers eye cheaper coverhttps://www.insurancenews.com.au/the-broker/cyber-buyers-eye-cheaper-coverhttps://www.insurancenews.com.au/the-broker/cyber-buyers-eye-cheaper-cover<p>Gallagher Re says polling at its Asia-Pacific cyber summit in Singapore found 94% of participants see insureds seeking cheaper rather than broader coverage, underscoring the competitive environment and the need to demonstrate value to policyholders...</p>Thu, 06 Aug 2026 02:14:19 GMTBarnesy surprises crowd at McLardy McShane’s island getawayhttps://www.insurancenews.com.au/the-broker/barnsey-surprises-crowd-at-mc-lardy-mc-shane-s-island-getawayhttps://www.insurancenews.com.au/the-broker/barnsey-surprises-crowd-at-mc-lardy-mc-shane-s-island-getaway<p>McLardy McShane raised more than $526,500 for charity at its latest annual conference...</p>Thu, 06 Aug 2026 02:05:51 GMTCowden names operations chiefhttps://www.insurancenews.com.au/the-broker/cowden-names-operations-chiefhttps://www.insurancenews.com.au/the-broker/cowden-names-operations-chief<p>Charlotte Lau has been appointed national head of operations at Cowden &ndash; a role that includes responsibility for IT, plus people and culture...</p>Thu, 06 Aug 2026 02:05:40 GMTAmwins expands nat cat energy offeringhttps://www.insurancenews.com.au/the-broker/amwins-expands-nat-cat-energy-offeringhttps://www.insurancenews.com.au/the-broker/amwins-expands-nat-cat-energy-offering<p>Amwins Global Risks has expanded its natural catastrophe facility for renewable energy projects, increasing capacity to $US50 million ($71 million) per placement...</p>Thu, 06 Aug 2026 02:05:28 GMTIvory names new claims manager, tech chiefhttps://www.insurancenews.com.au/the-broker/ivory-names-new-claims-manager-tech-chiefhttps://www.insurancenews.com.au/the-broker/ivory-names-new-claims-manager-tech-chief<p>Lawyer Yen Tran has been appointed national claims manager at Ivory Insurance, as Michael Behm becomes claims counsel in a transition towards retirement...</p>Thu, 06 Aug 2026 02:00:49 GMTCode consultation enters final weekhttps://www.insurancenews.com.au/the-broker/code-consultation-enters-final-weekhttps://www.insurancenews.com.au/the-broker/code-consultation-enters-final-week<p>Feedback on the proposed redraft of the broking code of practice is due by the end of next week, the profession&rsquo;s peak body says in a reminder...</p>Thu, 30 Jul 2026 02:30:50 GMTOmbudsman rejects ‘inexact’ evidence after factory arson allegationhttps://www.insurancenews.com.au/the-broker/ombudsman-rejects-inexact-evidence-after-factory-arson-allegationhttps://www.insurancenews.com.au/the-broker/ombudsman-rejects-inexact-evidence-after-factory-arson-allegation<p>An insurer must pay a factory fire claim after the industry ombudsman found it failed to prove the business&rsquo; owner deliberately lit the blaze...</p>Thu, 30 Jul 2026 02:30:42 GMTSoft market ‘risks false comfort on coverage’ amid inflationhttps://www.insurancenews.com.au/the-broker/soft-market-risks-false-comfort-on-coverage-amid-inflationhttps://www.insurancenews.com.au/the-broker/soft-market-risks-false-comfort-on-coverage-amid-inflation<p>Construction costs and premium rates are moving in opposite directions, reflecting a &ldquo;soft market paradox&rdquo; that can increase the risk of underinsurance, Marsh has warned...</p>Thu, 30 Jul 2026 02:22:56 GMTSigns of a turn in financial institutions market cyclehttps://www.insurancenews.com.au/the-broker/signs-of-a-turn-in-financial-institutions-market-cyclehttps://www.insurancenews.com.au/the-broker/signs-of-a-turn-in-financial-institutions-market-cycle<p>Lockton has flagged a potential shift in the financial institutions market as rate reductions slow and insurers become more selective...</p>Thu, 30 Jul 2026 02:01:38 GMTBroker couple jailed for Ponzi-style premium fraudhttps://www.insurancenews.com.au/the-broker/broker-couple-jailed-for-ponzi-style-premium-fraudhttps://www.insurancenews.com.au/the-broker/broker-couple-jailed-for-ponzi-style-premium-fraud<p>A US insurance brokerage owner and his wife have been jailed after admitting a $1.3 million scam diverting clients&rsquo; premium payments for personal use, leaving some without cover...</p>Thu, 30 Jul 2026 02:01:26 GMTTributes to ‘stalwart of industry’https://www.insurancenews.com.au/the-broker/tributes-to-stalwart-of-industryhttps://www.insurancenews.com.au/the-broker/tributes-to-stalwart-of-industry<p>Alexander &ldquo;Sandy&rdquo; David Ross, a key figure at JMD Ross Insurance Brokers and one of the last remaining Australian Lloyd&rsquo;s Names, has died aged 84.</p>Thu, 30 Jul 2026 02:00:18 GMTBlue Zebra opens disaster support portalhttps://www.insurancenews.com.au/the-broker/blue-zebra-opens-disaster-support-portalhttps://www.insurancenews.com.au/the-broker/blue-zebra-opens-disaster-support-portal<p>Blue Zebra has launched its Natural Disaster Hub to help customers affected by floods, cyclones and other severe events...</p>Thu, 30 Jul 2026 01:59:19 GMTDelta recruits underwriting headhttps://www.insurancenews.com.au/the-broker/delta-recruits-underwriting-headhttps://www.insurancenews.com.au/the-broker/delta-recruits-underwriting-head<p>Delta Insurance Australia has appointed Jane Mason as head of underwriting...</p>Thu, 30 Jul 2026 01:59:08 GMTCommercial prices record biggest drop since 2024https://www.insurancenews.com.au/the-broker/commercial-prices-record-biggest-drop-since-2024https://www.insurancenews.com.au/the-broker/commercial-prices-record-biggest-drop-since-2024<p>Australian commercial rates fell 13% in the second quarter, marking the largest reduction since prices began contracting at the start of 2024, Marsh&rsquo;s latest market tracker shows...</p>Thu, 23 Jul 2026 02:12:53 GMTBrokerage boss ‘needs help’ fighting industry giantshttps://www.insurancenews.com.au/the-broker/brokerage-boss-needs-help-fighting-industry-giantshttps://www.insurancenews.com.au/the-broker/brokerage-boss-needs-help-fighting-industry-giants<p>The Federal Court has refused a broker&rsquo;s application to represent her business in its action against Steadfast, QBE and Allianz...</p>Thu, 23 Jul 2026 02:11:18 GMTTiming is everything as jeweller’s watch claim rejectedhttps://www.insurancenews.com.au/the-broker/timing-is-everything-as-jeweller-s-watch-claim-rejectedhttps://www.insurancenews.com.au/the-broker/timing-is-everything-as-jeweller-s-watch-claim-rejected<p>A jeweller has lost a claim dispute with Berkley Insurance after a credit card payment for a watch it sold was later reversed by a bank...</p>Thu, 23 Jul 2026 02:11:07 GMTNIBA invites claims, community excellence award nominationshttps://www.insurancenews.com.au/the-broker/niba-invites-claims-community-excellence-award-nominationshttps://www.insurancenews.com.au/the-broker/niba-invites-claims-community-excellence-award-nominations<p>The National Insurance Brokers Association is accepting applications for two awards &ndash; claims broker and community excellence member of the year...</p>Thu, 23 Jul 2026 02:10:51 GMT