The Insurance Council of Australia (ICA) has declared a Catastrophe following storms that caused extensive hail damage across south-eastern Queensland yesterday....
News
Sunshine Coast hail storm declared a Catastrophe
BUSHFIRE CATASTROPHE DECLARATION TO YEPPOON AND SUNSHIN ...
Insurance claims from bushfire-affected householders and small businesses in two Queensland communities will be escalated and prioritised following the extension of...
Bushfire catastrophe intensifies
An extraordinary number of fires with catastrophic ferocity have been raging on the East Coast of Australia all through New South...
An Important New Decision – What is Personal Advice a ...
Australian Securities and Investment Commission v Westpac Securities Administration Limited [2019] FCAFC 187 Key points This case is relevant to anyone...
Queensland financial adviser banned for three years
ASIC has banned Queensland financial adviser Mark Alexander Rothnie for three years for failing to act in the best interests of...
AFCA’s ‘Datacube’ helps Australians s ...
In a move designed to increase transparency and consumer education, AFCA has released its online comparative reporting tool, the Datacube which...
Number one travel insurance product and a message for b ...
TravelCard Real-TimeTM Travel Insurance has been named number one in the recent CHOICE Insurance Review, for domestic single-trip travel insurance policies...
Insurance Transitions for November
Check out the latest movements and transitions within the industry this month. AFCA CREATES LEAD OMBUDSMAN POSITION The Australian Financial Complaints Authority (AFCA)...
ASIC takes civil penalty action against RI Advice and f ...
ASIC commenced action in the Federal Court against RI Advice Group Pty Ltd (RI Advice) and a former financial adviser, John...
AFCA awards $185 million in compensation to consumers i ...
It has been 12 months since the Australian Financial Complaints Authority (AFCA) opened its doors as the nation’s one-stop-shop for complaints about...
A new General Insurance Code of Practice
A new General Insurance Code of Practice (Code) has been approved after one of the most extensive reviews in the Code’s...
Broking group helps raise tens of thousands for charity
On Friday 25 October, Austbrokers ABS hosted their 8th Annual Charity Ball at Doltone House Hyde Park. The event was attended by...
ASIC and Westpac: What next for General Advice and Per ...
The Federal Court has allowed an appeal by ASIC in relation to Westpac telephone sales and marketing. The Court found that...
Code Compliance Committee Annual Review now released
The Insurance Brokers Code of Practice Code Compliance Committee has released its Annual Review for 2018-2019. In releasing the Annual Review,...