Perils lifts October flood loss estimate to $840 million – Daily – Insurance News
Perils lifts October flood loss estimate to $840 million 27 January 2023 Catastrophe data company Perils has lifted its loss…
Tag: News
Severe California flood damage highlights insurance shortfall – Daily – Insurance News
California flooding, which has followed extreme drought, is expected to cause economic losses of $US5-7 billion ($7-9.8 billion) and has…
‘Not deliberate’: suicide attempt motor claim must be paid – Daily – Insurance News
A complainant whose teenage son crashed her vehicle in an attempted suicide will have the claim covered after a dispute…
Shaky ground: EQC funds motion research – Daily – Insurance News
Shaky ground: EQC funds motion research 27 January 2023 A new modelling technique being pioneered in New Zealand and funded…
NSW regulator fines Suncorp $100,000 for CTP breaches – Daily – Insurance News
NSW regulator fines Suncorp $100,000 for CTP breaches 25 January 2023 The NSW State Insurance Regulatory Authority (SIRA) has fined…
Strata competition rises as new offerings launched, analyst says – Daily – Insurance News
Independent strata analyst StrataRatings says the strata insurance market can expect to see more competition after the recent addition of…
Under pressure: Seroja ‘justifies’ cyclone building code upgrade – Daily – Insurance News
Academics are seeking that Australian building standards be upgraded after finding many newer homes had significant roof damage after tropical…
Property owners win flood/storm dispute – Daily – Insurance News
Homeowners whose property was inundated by water will be covered for their losses after a dispute ruling determined that stormwater,…
Loyal insurance staff penalised, recruiter says – Daily – Insurance News
Loyal insurance staff are being financially penalised after employers lured new hires with attractive offers that exceeded the average salary…
Consilium’s new reinsurance division eyes Australian business – Daily – Insurance News
Consilium’s new reinsurance division eyes Australian business 24 January 2023 London-based specialty broking business Consilium has launched a cedant-driven facultative…