A very disturbing report from the NSW Auditor General has revealed that the NSW workers compensation scheme, known officially as the...
News
NSW Workers Compensation Scheme loses $1.8 billion, bal ...
Legislation passed to implement Royal Commission recomm ...
The Financial Sector Reform (Hayne Royal Commission Response) Bill 2020 has been passed by the Federal Parliament, addressing 20 recommendations and...
COMMUNITY UNDERWRITING 2020 GRANTS PROGRAM RECIPIENTS
Community Underwriting has announced the completion of its 7th Small Grants Program finalized at the end of 2020. Community Underwriting allocates five...
NIBA guidance on letters of authority and letters of ap ...
The National Insurance Brokers Association (NIBA) has requested insurance brokers to make sure they are familiar with the industry agreed arrangements...
Insurance market failure a national crisis: ASBFEO
The Australian Small Business and Family Enterprise (ASBFEO) Ombudsman Kate Carnell has handed down her Insurance Inquiry final report, that reveals widespread...
The inaugural Building Stronger Homes Roundtable
The inaugural Building Stronger Homes Roundtable convened by the Insurance Council of Australia (ICA) and Master Builders Australia (MBA) to develop...
NEW SEASON BRINGS NEW CONDITIONS
Australians should be preparing for a vastly different bushfire season as the effects of La Niña are felt across the country,...
APRA releases general insurance statistics for Septembe ...
The Australian Prudential Regulation Authority (APRA) has released its Quarterly General Insurance Performance Statistics and Quarterly General Insurance Institution Level Statistics publications for the September...
Youi breached duty of utmost good faith
The Federal Court has declared that Youi Pty Ltd (Youi) breached its duty of utmost good faith under the Insurance Contracts Act in...
ASIC releases draft information sheet for insurance cla ...
The Australian Securities and Investment Commission (ASIC) has released a draft information sheet on insurance claims handling and settling. This follows...
Victorians head back to the office
With Victoria moving to ‘Last Step’ restrictions from 11:59 pm 22nd November 2020, employees throughout the state have been given the...
ASIC consultation on reference checking and information ...
The Australian Securities and Investment Commission (ASIC) has released a consultation paper seeking feedback on a new reference checking and information...
ASIC releases consumer research on insurance in super
The Australian Securities and Investment Commission (ASIC) has released a report titled Consumer engagement in insurance in super which includes findings from research exploring...
Business interruption insurance pandemic update from IC ...
The Insurance Council of Australia (ICA) has revealed that it is in discussions with insurers, the Australian Financial Complaints Authority (AFCA)...