The Colonial Mutual Life Assurance Society Limited, trading as CommInsure, a wholly owned subsidiary of the Commonwealth Bank of Australia (CBA)has pleaded...
News
CommInsure pleads guilty to hawking offences
CommInsure to refund $12 million for unfair life insura ...
Following concerns raised by ASIC about unfair telephone sales of life insurance, The Colonial Mutual Life Assurance Society Limited (trading as CommInsure)...
November Bushfire insured losses cross $100M
A series of fires in the NSW Mid-Coast and Northern Rivers and parts of QLD has impacted over 285 homes from...
Sunshine Coast hail storm declared a Catastrophe
The Insurance Council of Australia (ICA) has declared a Catastrophe following storms that caused extensive hail damage across south-eastern Queensland yesterday....
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. Marsh executive to step down Marsh has announced that John Drzik,...
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...