Insurance losses for the flash storm that rocked Brisbane on Thursday have topped $200 million.
The ICA discusses measures to assist hailstorm-affected customers in QLD.
A leading insurance body has announced the appointment of a new president and deputy president.
Insurance Council of Australia and an Australian broker have warned consumers about the dangers of e-leasing their property as they may not be covered by their insurance to do so.
A leading insurance body has expressed its concerns over new rules regarding unauthorised foreign insurers entering the Queensland market.
An insurer has heaped praise on government plans to privatise CTP after 25 years.
A report has found that premiums in North Queensland are not unreasonably high, though insurers are reluctant to take on new business.
Another industry body has questioned Federal Government calls for an insurance comparison website for strata-title and home and contents insurance.
Insurance brokers at the coalface were busy fielding last minute calls from concerned business clients ahead of Cyclone Ita’s landfall on Friday.
Following on from Suncorp’s revelation that it is cutting flood insurance premiums, other insurers have confirmed to Insurance Business that they plan to do the same.