Insurers have pressed for closer collaboration with carmakers as increasingly complex vehicles and parts supply challenges drive up claims costs. IAG, the only Australian member of Research Council ...

Cyclone pool premium annual collections from insurers would increase to $770 million under draft rates proposed as part of the most comprehensive reassessment undertaken in four years. The Australian ...

A travel insurer was entitled to use its war exclusion to reject a claim for a Middle East trip that was cancelled following an airspace closure and “do not travel” warning, the industry ombudsman has ...

A new partnership between insurers and Fire and Rescue NSW gives written-off vehicles a second life in helping train crews for complex road crash rescues. Supported by the Insurance Council of ...

Insurers have welcomed an Australian Securities and Investments Commission review into claims management firms after concerns were raised over the sector’s business practices. ASIC says the probe ...

A new finance industry code of practice has come into force that brings premium funders and other non-bank and specialist lenders under a single framework. The Australian Finance Industry Association ...

A motor insurer was right to reject a claim for a damaged Jaguar being driven by an 18-year-old, because the policyholder had been repeatedly warned that under-25 drivers were excluded, the industry ...

Suncorp has said in response to an Australian Securities Exchange price query that it is not in discussions regarding a takeover and that it has not received an offer. The company says it is not aware ...

Ending non-compete clauses for most employees, ie anyone earning less than $190,000. There will be penalties for including a prohibited restraint in a new contract • Banning "poaching" restraint ...

The general insurance industry remains in a strong financial position but softer commercial lines, inflation pressures and ...

An insurer has been ordered to cover secondary roof damage to a beachside home after the industry ombudsman found it should ...

Criterion Underwriting, which specialises in complex and hard-to-place risks, has appointed Ian Mundy as CEO as the business expands its capabilities for brokers and their clients. The agency says Mr ...