insuranceNEWS.com.au - Daily

Tattoo artist draws up safety standard to tackle insurance issues

Wed, 04 Feb 2026 05:04:17 GMT

A tattooist has launched a new safety and compliance standard as his industry battles “systemic insurance challenges”...

Capacity, claims trends keep commercial rates soft

Wed, 04 Feb 2026 04:57:32 GMT

Commercial cover prices in Australia dropped by up to 20% in the fourth quarter as conditions remained in buyers’ favour, Aon says in a global market update...

Accommodation company wins covid cancellations row

Wed, 04 Feb 2026 04:56:26 GMT

A short-stay accommodation business has won a dispute over cover for trading losses following a Covid-19 outbreak...

INsight podcast: summer fires turn up heat on affordability

Wed, 04 Feb 2026 04:54:18 GMT

The first natural catastrophe of the year is the hottest topic on the latest episode of the Insurance News podcast...

Perils raises spring storm loss estimate

Tue, 03 Feb 2026 05:25:06 GMT

Insured losses from storms in Australia’s east in October will reach $1.51 billion, Swiss catastrophe data company Perils estimates...

Redacted report breaks down NZ affordability issue

Tue, 03 Feb 2026 05:22:18 GMT

New Zealand home premiums have risen at three times the pace of the consumer price index since 2011 and by more than 40% in the past two years, with properties subject to flooding and seismic risks drawing significantly higher increases, a Treasury report says...

ASIC deputy to step up after Longo leaves

Tue, 03 Feb 2026 05:20:27 GMT

Australian Securities and Investments Commission deputy chair Sarah Court will become chair when Joe Longo finishes his term at the end of May...

AFCA backs insurer after chewing over termite damage claim

Tue, 03 Feb 2026 05:19:36 GMT

A homeowner who tried to link termite holes in his wall to a previous storm damage claim will not be covered after the complaints authority accepted long-term moisture issues led to the loss...

Three charged over $1m insurance fraud

Fri, 30 Jan 2026 05:11:24 GMT

Financial crime squad detectives in NSW have charged three men over an alleged insurance fraud worth more than $1 million that involved fake invoices for lawn mowing, cleaning and other domestic services...

Insurer warned over motor discount failures

Fri, 30 Jan 2026 05:11:01 GMT

Aioi Nissay Dowa Insurance has been issued a public warning for failing to deliver on advertised discounts for motor policies sold online and through vehicle dealerships...

Crash victim at fault for checking phone while crossing road

Fri, 30 Jan 2026 05:10:46 GMT

A man who was hit by a car as he crossed a six-lane road while looking at his phone has had his benefits claim rejected after the NSW Personal Injury Commission found he was at fault...

Jeweller not to blame for $500k distraction theft: AFCA

Fri, 30 Jan 2026 05:08:38 GMT

Lloyd’s must settle with a jewellery shop after a customer stole gold chains worth $500,000 when a sales assistant left the room, the industry ombudsman has ruled...

ICA warns TasInsure will create ‘large fiscal risks’

Thu, 29 Jan 2026 05:27:59 GMT

Tasmania’s plan for a state-run insurer could leave taxpayers liable for hundreds of millions of dollars after a major catastrophe, research commissioned by the Insurance Council of Australia shows...

Victorian fires highlight climate threat: Willis

Thu, 29 Jan 2026 05:27:49 GMT

The Victorian bushfires are another reminder that climate catastrophe risk remains high, with implications for premium affordability, Willis says...

Firm pays after director’s son takes car for a spin and a bump

Thu, 29 Jan 2026 05:27:39 GMT

A business will not receive a payout after its director’s son slammed a company-insured car into two other vehicles at high speed...

Battery danger study flags testing, charging flaws

Thu, 29 Jan 2026 05:27:24 GMT

Untested products and incorrect charging practices are drivers of growing lithium-ion battery fire risks, according an IAG-backed research project...

Tasmania taps Trowbridge for TasInsure set-up

Wed, 28 Jan 2026 05:09:16 GMT

The Tasmanian government says it has appointed industry consultant John Trowbridge to support the delivery of its proposed state-run insurer TasInsure...

Victorian bushfire claims top $200 million

Wed, 28 Jan 2026 05:08:37 GMT

Insured losses from a series of Victorian bushfires have exceeded $200 million, the Insurance Council of Australia says in its first cost estimate...

Actuaries Institute head calls for ‘defend and extend’ approach

Wed, 28 Jan 2026 05:06:46 GMT

Actuaries Institute president Scott Reeves says the profession can expand to serve more industries and members should adopt a new mindset...

Couple win payout after gallstone wrecks holiday plans

Wed, 28 Jan 2026 05:06:23 GMT

A traveller who had to cancel a holiday when his wife fell ill will be paid more than $17,000 after the ombudsman rejected his insurer’s argument the ailment related to an undeclared pre-existing condition...