The Insurance Council of Australia (ICA) has welcomed the commencement of proceedings in the Federal Court of Australia to test the...
News
Second business interruption test case commences
Bushfire clean-up program for Perth Hills communities
A $18.1 million recovery package has been announced to provide support for ongoing recovery efforts for Western Australian communities impacted by...
Terms of Reference released for AFCA review
The terms of reference for the review of the Australian Financial Complaints Authority (AFCA) have been revealed, and stakeholder feedback is...
ASBFEO Ombudsman encourages struggling small businesses ...
The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Kate Carnell has welcomed the Australian Banking Association’s (ABA) new Financial Assistance...
Guidance for vaccine rollout in Australian workplaces
The Fair Work Ombudsman (FWO) and Safe Work Australia (SWA) have released updated guidance for employers and employees about the rollout...
Royal Commission Claims Handling Reforms – ASIC Cost ...
One of the Hayne’s Royal Commission recommendations was to make the handling and settling of insurance claims a “financial service”. Schedule 7...
Retrocession program builds terrorism scheme’s capita ...
Australia’s terrorism insurance scheme, administered by the Australian Reinsurance Pool Corporation (ARPC), has renewed its retrocession reinsurance program for the 2021...
APRA releases 2020 Year in Review
The Australian Prudential Regulation Authority (APRA) has released its 2020 Year in Review document. In a year that was heavily impacted...
NIBA supports industry call for increase in disaster mi ...
The National Insurance Brokers Association (NIBA) has put its weight behind Insurance Council of Australia (ICA) and Master Builders Australia (MBA)...
ASIC update on compensation for financial advice relate ...
The Australian Securities and Investments Commission (ASIC) has revealed that six of Australia’s largest banking and financial services institutions have paid...
NIBA releases Code of Practice discussion paper for con ...
The National Insurance Brokers Association (NIBA) has released a discussion paper inviting feedback and submissions from consumers, organisations, representative association, and...
NIBA NSW Divisional Committee welcomes new Chair and Vi ...
The NSW Divisional Committee of National Insurance Brokers Association (NIBA) has named Aon’s Regional Director of Operational Performance Management, Paul D’Arcy...
Perth Hills bushfires declared insurance catastrophe
The Insurance Council of Australia (ICA) has declared a catastrophe for the Perth Hills bushfires which continue to burn north-east of...
NIBA WA Divisional Committee to launch new training pac ...
In March, the Western Australian Divisional Committee (the Committee) of the National Insurance Brokers Association (NIBA), together with WorkCover WA and...