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.

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 ...

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 ...

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 ...

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 ...

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, ...

Tower says gross written premium grew 3% in the year to September 30 and it will not need to use all its annual large event allowance. The New Zealand insurer now ...

Chubb, Vero and Zurich are in the running for this year’s NIBA large general insurer award. The National Insurance Brokers Association has revealed nine finalists for its 2026 Insurer Awards, across ...

Underwriting agency Castle Insurance has struck a new capacity agreement with international (re)insurer Canopius, drawing a line under its partnership with QBE. Castle launched a year ago, offering ...

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 ...

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, ...

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 ...