Going for brokers
02 November 2004
Brokers are still by far the biggest distributors of commercial insurance, and it’s going to stay that way, according to the JP Morgan and Deloitte 2004 General Insurance Industry Survey…
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ICA’s snappy retort on reform claim
02 November 2004
Plaintiffs’ lawyers are continuing their push to unwind tort reforms, which presumably means the reforms are working and the lawyers’ bank accounts aren’t…
Optus compo move hits snag
02 November 2004
The Victorian Government has taken legal action to try to stop Optus from joining the national Comcare workers’ compensation scheme…
Adler set for High Court
02 November 2004
Former FAI chief and HIH director Rodney Adler plans to appeal to the High Court following the failure of his application to the NSW Court of Criminal Appeal…
The good times roll – for a while
02 November 2004
Insurance profits are tipped to suffer in the next few years because the good times can’t last…
Victorian WorkCover in front at last
02 November 2004
The Victorian WorkCover Authority has announced a $1.2 billion annual profit for 2003/04, making it the first time in two decades the workplace injury insurance scheme…
No parallels with US, says NIBA
26 October 2004
The “contingent commissions” controversy boiling around US brokers doesn’t have application here, says NIBA…
Cooper facing bribery charges
26 October 2004
Entrepreneur Brad Cooper will stand trial on 13 charges arising from his dealings with collapsed insurance giant HIH…
Heat turned up on James Hardie
26 October 2004
The NSW Parliament has passed legislation making it easier for ASIC to investigate James Hardie…
WA changes workers’ comp
26 October 2004
Changes to workers’ compensation legislation were passed by the WA Parliament last week in a bid to provide more clarity for insurers and injured workers…
Three goes into two?
26 October 2004
Despite the denials, many industry leaders still expect to see further consolidation at the top end of the insurers’ ranks…
Lawyers bid to unwind tort reforms
26 October 2004
The Law Council of Australia wants to unwind the recent tort reforms in the hope of boosting damages payouts and the level of personal injury litigation…
Youthful attraction – the recruiting game
26 October 2004
Attracting “young blood” to insurance broking is one of the big issues facing the industry…
QBE Merc is the brokers’ choice again
19 October 2004
QBE Mercantile Mutual has won NIBA’s General Insurer of the Year Award for the third time in a row…
Sunrise shines, Amanda beams
19 October 2004
Sunrise Exchange won the “best exhibitor” award at the NIBA Convention in Perth on Sunday with an innovative stand featuring its new online quoting facility…
More General Re execs ousted
19 October 2004
Another bunch of General & Cologne Re executives have been disqualified by the Australian Prudential Regulation Authority over their involvement in reinsurance contracts…
Former Zurich executive accepts undertaking
19 October 2004
APRA says former Zurich Australian Insurance manager Richard Mayo has accepted an enforceable undertaking in relation to “certain transactions” conducted…
Paper trail: ironing out the FSRA
19 October 2004
Complying with the Financial Services Reform Act which came into affect seven months ago is onerous and costs the industry tens of millions of dollars…
ICA continues lobbying efforts
19 October 2004
The Insurance Council of Australia is keen to continue its efforts in lobbying the Government on a number of issues, including the implementation of…
IAG NZ wins environment award
19 October 2004
IAG New Zealand has won an award at the NZ National Sustainable Business Awards in Auckland last week…