Product recalls ease, but regulators ‘sharply focused’
23 March 2026
The number of Australian product safety “market actions”, including recalls, dropped 3.2% last year, according to Sedgwick...
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Pacific W&I market stable amid global pivot
23 March 2026
Sharp downward pressure in transactional risk insurance pricing largely stabilised in the Pacific region last year amid a global market turn, a Marsh report says...
Nation suffers ‘summer of climate whiplash’
23 March 2026
Global heating impacts are overpowering natural climate drivers, leading Australia into a period of rapidly changing disaster risk, according to the Climate Council...
Fresh deluge feared as industry supports NT, Queensland customers
16 March 2026
Flood warnings remain in place for parts of Queensland as insurers including Allianz, IAG and Suncorp mobilise staff to help affected customers...
Insurers forced to pay up on 2015 highway flood damage
16 March 2026
A dispute about expert reports on flooding in Queensland 11 years ago has been resolved, with a court finding against several insurers...
Unlocked car was ‘attended’ when thieves struck
16 March 2026
A motorist who left his car unlocked with the keys inside should have his theft claim paid, the financial services ombudsman has ruled...
Aviation insurers exposed to Iran risks, lawyers warn
16 March 2026
The Iran war has implications for Australian insurers underwriting airlines, airports and aviation risks, according to law firm Kennedys...
An excess of choices: authority to rule on double coverage dispute
16 March 2026
A dispute service will be asked to decide if a body corporate acted reasonably when it charged one of its members the excess on an insurance claim...
Repairers double down on RAC deal concerns
16 March 2026
The Motor Trades Association of Australia has reiterated its opposition to IAG’s proposed acquisition of RAC Insurance, as the competition regulator considers a new application...
Perils finalises Alfred loss tally at $1.87 billion
16 March 2026
Ex-Tropical Cyclone Alfred caused insured losses of about $1.877 billion, Perils says in its fourth and final estimate on the storm...
‘Right thing to do’: PassportCard evacuates Middle East customers
10 March 2026
Travel insurer PassportCard has covered all costs to repatriate customers stranded in the Middle East conflict zone – despite war exclusions in its policies...
NT, Queensland under threat as major flood hits Katherine
09 March 2026
Emergency warnings remain in place for flood-hit NT town Katherine’s 10,000-plus residents, while parts of Queensland are also bracing for severe inundation...
Court refuses urgent hearing on ‘tobacco house’ fire
09 March 2026
A woman alleged to have had illegal tobacco in her house has failed to secure an urgent civil trial to prove her insurer’s liability after fire severely damaged the home...
Falling revenues, rising premiums squeeze SMEs
09 March 2026
Small businesses were more likely than large ones to experience revenue drops in the past year, while about 60% have also reported premium increases, according to Vero’s annual SME Insurance Index...
Insurers to revisit flood-hit Ingham
09 March 2026
The Insurance Council of Australia will return to the north Queensland town of Ingham this week to host a consultation session for disaster-hit residents...
ICA flags travel policy war exclusions
02 March 2026
The Insurance Council of Australia has warned travel insurance generally excludes cover for losses arising from armed conflicts, given safety risks to people and potential financial impacts on insurers...
Industry profit sinks as hail hits home
02 March 2026
The general insurance industry made a $132 million net profit in the December quarter, taking its year total to about $5.8 billion, according to Australian Prudential Regulation Authority data...
Motor to fore as AFCA complaints surge
02 March 2026
The Australian Financial Complaints Authority received 36,326 general insurance complaints last year, up 20% on 2024...
January fires tipped to cost $786 million
02 March 2026
Bushfires that devastated parts of Victoria from January 7-13 caused $786 million in insured losses, Swiss catastrophe data company Perils estimates...
Australia improves standing on resilience index
02 March 2026
Australia is the second most resilient economy in the Asia-Pacific region, despite its low productivity and climate risks, according to FM...