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1. Court takes a stand over replacement vehicles
   Drivers who accept vehicles from credit hire companies after car accidents could be left thousands of dollars out of pocket following a series of NSW Supreme Court decisions...
   Daily | 17 Sep 2019 04:23pm
2. Dam right: insurers back higher Warragamba wall
   Insurers believe community concerns about raising the height of the Warragamba Dam wall must be balanced against the “paramount importance” of reducing the risk of flood and saving lives and property in Western Sydney...
   Daily | 17 Sep 2019 04:20pm
3. Roma gets a flood risk tick after mitigation works
   The Queensland Government has announced a downgrade in the flood risk for more than 500 properties in the southwestern town of Roma following the completion of an $8.3 million mitigation project...
   Daily | 17 Sep 2019 03:35pm
4. IAG rejects possible $1 billion claim in add-on class action
   A class action against IAG subsidiary Swann Insurance over add-on cover sold through motor dealerships could involve sums of up to $1 billion, the Federal Court has heard...
   Corporate | 16 Sep 2019 02:51pm
5. Catastrophes dent Youi earnings
   Youi Australia saw its operating profit decline 10.9% to $98 million in the past financial year because of increased natural perils claims...
   Corporate | 16 Sep 2019 02:50pm
6. Suncorp CEO spells out climate change challenge
   Newly appointed Suncorp CEO Steve Johnston has called for urgent action to address the impact of climate change on extreme weather events...
   Corporate | 16 Sep 2019 02:49pm
7. CHUiSaver rebrands as Flex Insurance
   Strata insurance specialist CHU Underwriting Agencies has rebranded its CHUiSaver digital business as Flex Insurance...
   Corporate | 16 Sep 2019 02:48pm
8. QBE names new Singapore CEO
   QBE has appointed Ronak Shah as its Singapore CEO, reporting to QBE Asia CEO Jason Hammond...
   Corporate | 16 Sep 2019 02:47pm
9. Broker Trans-West to use processing platform JAVLN
   Sydney-based Trans-West Insurance Brokers has selected specialist insurance platform JAVLN as the new processing platform for its business...
   Corporate | 16 Sep 2019 02:46pm
10. Enstar grows business in Australian run-off deal with Munich Re
    Run-off specialist Gordian has agreed to acquire $228 million worth of long-tail insurance portfolios in Australia from Munich Re subsidiaries, Great Lakes Insurance and HSB Engineering Insurance...
    Corporate | 16 Sep 2019 02:46pm
11. AIMS survey highlights industry shift
    Brokers are starting to move business in response to new insurtech offerings, the latest AIMS member survey shows...
    Local | 16 Sep 2019 02:43pm
12. IAG, Suncorp ceding ground to 'spectacular' rivals: Macquarie
    New entrants in the home and personal motor lines have hatched a “spectacular” plan built around the broker channel to successfully challenge the dominance of IAG and Suncorp, according to a Macquarie Research report...
    Local | 16 Sep 2019 02:42pm
13. Bushfires update: claims exceed 100
    Insurers have so far received about 120 claims from the bushfires in NSW and Queensland...
    Local | 16 Sep 2019 02:41pm
14. Climate Index shows autumn temperatures exceed average trends
    Australia’s most recent autumn ranked as the second most extreme in the number of hot days, according to the latest Climate Index readings...
    Local | 16 Sep 2019 02:38pm
15. Lloyd’s fights total disablement claim by fast bowler Starc
    Lloyd’s has rejected a claim by Australian fast bowler Mitchell Starc for $1.5 million under a total disablement policy issued by one of its syndicates, denying the cricketer suffered a fracture of his right tibial bone and saying his injury does not meet the policy requirements for payment...
    Local | 16 Sep 2019 02:37pm
16. General insurers getting better treatment, says adviser body
    The Association of Financial Advisers has slammed the “double standards” of the Federal Government extending due regulatory process to the general insurance industry while denying it to the financial advice sector...
    Local | 16 Sep 2019 02:36pm
17. NZ homeowners miscalculating rebuild costs
    New Zealand homeowners are miscalculating the cost of rebuilding their properties, leading to the risk of underinsurance, IAG has warned...
    Local | 16 Sep 2019 02:33pm
18. Cyber claims frequency, severity on the rise
    Cyber specialist underwriting agency Emergence Insurance says claims frequency rose 29% and average severity jumped 51% in the past financial year...
    Local | 16 Sep 2019 02:33pm
19. NZ Ombudsman complaints rise by 448
    Complaint enquiries to New Zealand’s Financial Services Ombudsman jumped to 3805 in the year to June 30, up from 3357 in the previous year, with the most common complaint issues centred on insurance policy exclusions, scope of cover, non-disclosure, pre-existing conditions and gradual damage...
    Local | 16 Sep 2019 02:32pm
20. ICA warns against ‘quick solutions’ for northern Australia
    A Government-backed reinsurance pool or insurance mutual would provide only marginal premium relief – if any – for the north of Australia, the Insurance Council of Australia says in a submission...
    Regulatory & Government | 16 Sep 2019 02:29pm

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