North Queensland premiums reasonable, government actuary finds
A report has found that premiums in North Queensland are not unreasonably high, though insurers are reluctant to take on new business.
State governments move on disaster mitigation and stamp duty
The insurance industry has welcomed big, long-called for moves by two state governments to ease pressure faced by policyholders.
Duty of disclosure to become stricter for policyholders under new law
Policyholders will come under strict instructions to uphold their duty of disclosure to insurers, and new legislative amendments are to be put in place to help insurers enforce this.
Ride-sharing craze presents insurance grey area
A new ride-sharing craze which started in the States, swept through the UK, and has now landed in Australia, could see motorists not only burning rubber but their fingers, too.
Target, eBay hacks: lessons for brokers
Cyber expert Tony Busseri details the lessons and concrete actions brokers and insurers can take in the face of regular massive cyber attacks.
Falling optimism in Australia could impact insurance sales
Experts say the latest Federal Budget is the toughest since 1996, and this is manifesting in falling Aussie optimism that could potentially affect insurance sales.
New builders warranty scheme could force small tradies out of industry
A new consumer protection fund to replace a builders warranty scheme will do more harm to the sector than good, according to a property expert.
Government to dump builders warranty scheme
A state government is set to overhaul an existing builders warranty scheme, currently underwritten by a market-leading insurer, in favour of an entirely new consumer protection scheme.
Questions mount over push for insurance comparison site
Another industry body has questioned Federal Government calls for an insurance comparison website for strata-title and home and contents insurance.
Broker industry 'reservations' over Budget measures
The insurance broking industry is already expressing concern over a number of Budget measures, which may undermine the services of brokers while taking money away from important industry bodies.