ASIC has announced the implementation of a ban on unsolicited ‘cold call’ telephone sales of direct life insurance and consumer credit insurance...
Insurance
Insurance claims handling to be ...
The Federal Treasury has released draft legislation on making insurance claims handling a financial service, and therefore subject to regulatory oversight by...
Community Underwriting 2019 Smal ...
Not for profit insurer, Community Underwriting allocates five percent of their annual surplus each year to clients. Community Underwriting are specialists in...
CommInsure pleads guilty to hawk ...
The Colonial Mutual Life Assurance Society Limited, trading as CommInsure, a wholly owned subsidiary of the Commonwealth Bank of Australia (CBA)has pleaded guilty...
CommInsure to refund $12 million ...
Following concerns raised by ASIC about unfair telephone sales of life insurance, The Colonial Mutual Life Assurance Society Limited (trading as CommInsure) has...
November Bushfire insured losses ...
A series of fires in the NSW Mid-Coast and Northern Rivers and parts of QLD has impacted over 285 homes from 8th...
Sunshine Coast hail storm declar ...
The Insurance Council of Australia (ICA) has declared a Catastrophe following storms that caused extensive hail damage across south-eastern Queensland yesterday. The...
BUSHFIRE CATASTROPHE DECLARATION ...
Insurance claims from bushfire-affected householders and small businesses in two Queensland communities will be escalated and prioritised following the extension of the...
Bushfire catastrophe intensifies
An extraordinary number of fires with catastrophic ferocity have been raging on the East Coast of Australia all through New South Wales...
Queensland financial adviser ban ...
ASIC has banned Queensland financial adviser Mark Alexander Rothnie for three years for failing to act in the best interests of his...
Number one travel insurance prod ...
TravelCard Real-TimeTM Travel Insurance has been named number one in the recent CHOICE Insurance Review, for domestic single-trip travel insurance policies within...
Insurance Transitions for Novemb ...
Check out the latest movements and transitions within the industry this month. Marsh executive to step down Marsh has announced that John Drzik, president,...
AFCA awards $185 million in comp ...
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 financial...
Insurance Transitions for Octobe ...
Check out the latest movements and transitions within the industry this month. APRA announces new executive roles The Australian Prudential Regulation Authority (APRA) has...