Allianz and Suncorp will refund customers $45.6m and $17.2m respectively in add-on insurance premiums, ASIC has announced
The Productivity Commission has released its final report on the state of natural disaster funding for Australia which could lead to huge changes.
NIBA has issued a warning on certain direct products which it says could end up creating a ‘false economy', and lead to a damaging lack of expert advice.
Brokers on Insurers survey closes this Friday – don’t miss your chance to WIN a case of wine!
Another major insurer has announced more than $100 million worth of claims following the storms in New South Wales, while the Anzac Day hail storm has been declared a catastrophe.
A major industry aggregator has appointed a new CEO with a view to expanding its business in Australia.
A major insurer has announced the launch of a series of initiatives designed to lower premiums in cyclone-affected areas.
An American man has won thousands of dollars in court from an international restaurant chain thanks to damage caused by “excessively hard croutons.”
Plus: Global assistance company head to Nepal and American insurer sued over Hurricane Katrina fraud
A major insurer will refund over $1 million to customers it over-charged according to a statement released by ASIC.
A major Australian insurer has revealed the bill it expects to foot for the recent storms in New South Wales and has revised its estimates for Cyclone Marcia which has led to an expected drop in insurance margins for the business.