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ICA is "glad" about HIH terms of reference

26 June 2001

The Insurance Council wants the HIH Royal Commission to “clearly identify” the cause of the company’s collapse “so that everything possible can be done to try to ensure…

Car thieves move into the 90s

26 June 2001

Results of the March quarter show that cars manufactured after 1990 are now being targeted by professional thieves, leaving insurers with an average claim cost of $19,500…

NRMA takes a tilt at business

26 June 2001

NRMA Insurance and the NSW Chamber of Commerce have set up a $660,000 small business development program…

Dexta battles incomplete BW proposals

26 June 2001

No wonder builders’ warranty insurers are under fire for processing applications too slowly; more than 70% of them are filed incomplete…

QBE/MERC quits IBNA facility

19 June 2001

QBE Mercantile Mutual has withdrawn from the commercial facility operated by major cluster group IBNA…

NSW solicitors consider a post-HIH levy

19 June 2001

Solicitors in NSW face the prospect of having to pay a special levy to make up the shortfall in their PI insurance following the HIH collapse…

A call for higher quality CEO's

13 June 2001

QBE chief Frank O’Halloran hasn’t held back in his criticism of the circumstances surrounding the HIH collapse, or of the blow such an event makes on the local industry’s image overseas…

A bitter pill from Dr Paterson

13 June 2001

More insurance companies will follow HIH into extinction if the Government doesn’t  introduce more efficient and effective auditing methods, according to risk management expert…

Booth steps up to administer HIH payout

13 June 2001

ICA executive Dallas Booth has been appointed the Chief Executive of HIH Claims Support, the company set up by the insurance industry to administer the Federal Government’s…

Hockey's appointments cause a stir

13 June 2001

Red faces all round as Financial Services and Regulation Minister Joe Hockey again finds himself on the back foot over allegations that he has stacked two major industry dispute resolution…

Liquidator looks at HIH directors and others

29 May 2001

Former HIH directors Ray Williams, Rodney Adler and Dominic Fodera are not only under investigation by ASIC – the HIH provisional liquidator is also considering…

Commission will be working before Christmas

29 May 2001

The Royal Commission into the collapse of HIH has not yet been finalised, with Prime Minister John Howard indicating on Sunday that it will be up and running…

Insurers grapple with “fourth tax” in NSW

29 May 2001

Insurers are at a deadlock in their battle with the NSW Government over its decision to impose a $69 million annual tax to help fund the State’s $600 million rescue package…

Expect about a 50% payout – maybe

22 May 2001

The provisional liquidator for HIH says creditors will receive less than 50 cents in the dollar, with liabilities well over $3 billion…

Hockey feels the heat

22 May 2001

The lights haven’t been kind to Federal Financial Services and Regulation Minister Joe Hockey over the past week as he did the rounds of the TV interviewers…

Don’t blame us, says S&P’s

22 May 2001

Last week it was brokers, before that it was APRA, and this week it’s the turn of Australia’s major ratings agency…

On stage, but not together

22 May 2001

For one moment there we thought former FAI MD Rodney Adler and Financial Services and Regulation Minister Joe Hockey would really share the podium at the Australian…