The federal government has scrapped proposed changes to the Disaster Recovery Funding Framework after a campaign by Queensland councils and politicians. The planned overhaul would have reduced ...
Insurers have pressed for a rethink on their share of the $170.3 million special levy to cover a cost blowout in the Compensation Scheme of Last Resort, questioning the metrics used to decide ...
Ceyda Erem, insurance expert at Finder, says trying to reduce premiums by bending the truth could leave homeowners far worse off. “Many Australians are understandably looking for ways to bring down ...
AFCA has rejected the policyholders’ argument that ambiguous wording should be interpreted in their favour, finding the certificate and product disclosure statement were clear when read together. See ...
The Federal Court has fined Hollard $2 million over failures handling a home and contents claim made by a couple after a storm damaged their roof.
Hollard Insurance Australia has recruited Mark Adams from the banking sector to be its chief risk officer. Mr Adams has more than 20 years’ experience spanning financial services and regulation, ...
IAG and RAC have lodged applications that keep the door open for an Australian Competition Tribunal review of a blocked takeover deal, as they also pursue a public interest test process. Last month, ...
A travel policyholder has lost a claim dispute after her handbag, passport and other belongings were stolen from outside her garage at the end of a family trip. Nib Travel Services declined the ...
A demolition recycling company has been fined $187,500 for breaching NSW workplace safety laws when a worker died in an excavator accident. The man died from blunt force trauma to his head on May 31 ...
Laws banning the use of adverse genetic test results in life insurance underwriting began today after the reform secured passage in the Senate in April. The ban applies to new policies or variations ...
The National Insurance Brokers Association has revealed nine finalists for its 2026 Insurer Awards, across three categories: large insurer, specialty insurer and underwriting agency. The shortlist was ...