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Regulatory & Government

Flood probe hits road to Caboolture, Logan and Lismore 

08 April 2024

The federal inquiry into insurers’ responses to the 2022 floods is this week travelling to regions hit hard by the catastrophes, holding hearings in Caboolture and Logan in Queensland and Lismore in northern NSW...

Regulator checks up on climate risk management

08 April 2024

The Australian Prudential Regulation Authority will hold a voluntary climate risk self-assessment survey as part of its supervision of the ways businesses are managing the threat...

Standardised definitions ‘won’t solve everything’

18 March 2024

Standardised definitions of natural hazard terms could reduce confusion, but won’t solve all coverage and claims issues, Treasury has warned a Federal Government Inquiry into insurers’ responses to the 2022 floods...

New Zealand to consult insurers on climate adaptation

18 March 2024

New Zealand’s government is working on a Climate Adaptation Framework and plans to invite input from insurers and banks later this year, Small Business and Manufacturing Minister Andrew Bayly says...

AFCA to make rule changes from July  

18 March 2024

The Australian Financial Complaints Authority will implement updated rules and operational guidelines in July to give it more clarity and capacity to manage disputes...