Oct 21, 20192 minNo relief for loss-making financial linesFinancial lines temperature is still hot, 2018 calendar year being the highest ever year of class action filings & regulatory tightening
Oct 20, 20191 minMelbourne roads dominate AAMI crash index blackspotsNine of Australia’s 10 worst car crash locations were in Melbourne last financial year
Sep 30, 20192 minPI crisis worsens as surveyors urge governments to act“Since July, the PI insurance market has tightened even further,” the AIBS says in its latest update.
Sep 27, 20192 minHow insurance is responding to climate changeClimate change is forcing the industry to revise its models as it battles to create solutions
Sep 20, 20191 minRise of the dash cam: increasing numbers use footage for claims30% of drivers have used dash cam footage as evidence after being wrongly accused on the road
Sep 11, 20192 minGlobal cyber losses expected to reach $6 trillion by 2021 - reportAnnual global cyber losses are expected to hit US$6 trillion by 2021
Sep 10, 20192 minAustralia:29% surge in frequency of cyber insurance claims, reveals underwriterClaims frequency for cyber insurance rose by 29% for FY2019 compared to a year earlier
Aug 19, 20191 minCost of fixing nation’s apartment crisis ‘in the billions’New research estimates that fixing defects in apartment buildings constructed in the last decade will cost $6.2 billion.
Aug 19, 20191 minAPRA uses funds to recruit 150Royal commission recommended that APRA take a more pro-active approach and that its resources ere increased commensurately.
Aug 17, 20191 minFinder: 11 million Australians are driving distracted11 million Australians have engaged in risky behaviour behind the wheel, potentially voiding their insurance policy
Aug 16, 20192 minLights, camera, insurance – the issues facing the Australian film industrySpeak to most insurance professionals and they will tell you they “fell into” the industry – and while few have regrets now, many may previously have wished ...
Aug 8, 20192 minWater damage claims topping fire, burglary: ChubbInternal water damage claims has risen 72% in the last five years and the issue is now more common and costly risk for properties
Aug 2, 20192 minInsurers close 60% of Townsville claimsSix months after devastating floods hit the north Queensland city of Townsville, 60% of insurance claims have been closed
Jul 27, 20194 minNAB staff scramble to contact breach victimsHundreds of NAB staff have spent the weekend scrambling to inform customers affected by a security breach
Jul 23, 20192 minPI crisis continues despite reform pledge, surveyors warnThe Australian Institute of Building Surveyors (AIBS) says ministers have failed to address the immediate PI insurance crisis.
Jul 15, 20191 minICA joins fresh call for building reforms Insurance Council of Australia and four other industry bodies have today issued a joint call on the Federal Government
Jul 15, 20191 minNSW regulator slugs uninsured businesses The NSW State Insurance Regulatory Authority has issued more than 50 fines to employers that don’t have the right workers’ compensation insurance. More than ...
Jul 9, 20192 minPhishing attacks found in 83% of global firms The report is that 83% of global organisations experienced phishing attacks in 2018, underscoring the urgent need to educate end users.
Jul 8, 20192 minAGCS names James Stack Pacific CEO, cuts financial linesA global insurer is preparing to stop offering PI and D&O cover in Australia and New Zealand due to alarming class action trends.
Jul 7, 20192 minBritish Airways fined record $328 million after credit card data theft affected 500,000 peopleBritish Airways faces a record $328 million fine over cyber theft after a hack last year that affected half a million customers
