The Insurance Brokers Code Compliance Committee issued 17 formal breach determinations last financial year and imposed six sanctions – its highest number to date. Chair Oscar Shub, says formal action ...
Talbot Underwriting Asia CEO Rob Hands is set to take over as head of AIG Australia, insuranceNEWS.com.au can confirm. As previously reported, Claudio Saita joined the company as interim CEO in July ...
A WA strata review has proposed reforms requiring clearer disclosure of manager fees, charges and commissions, and improvements around conflicts of interest. A phase two discussion paper released this ...
Report co-author and the network’s protest rights campaigner, Anastasia Radievska, tells insuranceNEWS.com.au: “The most concerning thing for us is that we’re seeing this [insurance] issue crop up ...
Allianz will contribute almost $5000 towards its policyholder’s legal bill, the Australian Financial Complaints Authority says. The driver’s delayed claim lodgement and the insurer’s subsequent ...
Parent Bravas Group says Daniel Gronert has been appointed to the new role of group chief commercial officer, encompassing Hunter Premium Funding and its Arteva Funding business. Mr Gronert has been ...
ANZ Bank has lost legal action aiming to make a group of 26 insurers and Lloyd’s syndicates cover its costs from settling two class actions. The bank’s liability for the settlements is not a loss ...
Victoria’s WorkSafe is taking a scrap recycling business to court after a worker was seriously injured in an explosion. The victim, 35, was decommissioning an air conditioning unit at the Dandenong ...
Preparation and people on the ground are crucial for insurers when handling natural disasters, according to claims manager Sedgwick. A report from the group – 2025-26 Australian Catastrophe Season: ...
An insurer has been ordered to reinstate a commercial motor policy and reassess a truck vandalism claim after failing to prove the policyholder breached its duty of disclosure around driving offences.
Artificial intelligence can transform insurer communications, but the technology must be treated with appropriate care and have human oversight, an Insurance News webinar was told. The webinar – What ...
Financial advice group Fortnum Private Wealth has been fined $1.35 million over cybersecurity lapses including a data breach in 2022 that affected more than 9000 clients. The company admitted failing ...