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Insurance

Perils lifts October flood loss estimate to $840 million – Daily – Insurance News

adminJanuary 27, 2023

Perils lifts October flood loss estimate to $840 million 27 January 2023 Catastrophe data company Perils has lifted its loss…

Insurance

Severe California flood damage highlights insurance shortfall – Daily – Insurance News

adminJanuary 27, 2023

California flooding, which has followed extreme drought, is expected to cause economic losses of $US5-7 billion ($7-9.8 billion) and has…

Insurance

‘Not deliberate’: suicide attempt motor claim must be paid – Daily – Insurance News

adminJanuary 27, 2023

A complainant whose teenage son crashed her vehicle in an attempted suicide will have the claim covered after a dispute…

Insurance

Shaky ground: EQC funds motion research – Daily – Insurance News

adminJanuary 27, 2023

Shaky ground: EQC funds motion research 27 January 2023 A new modelling technique being pioneered in New Zealand and funded…

Insurance

NSW regulator fines Suncorp $100,000 for CTP breaches – Daily – Insurance News

adminJanuary 25, 2023

NSW regulator fines Suncorp $100,000 for CTP breaches 25 January 2023 The NSW State Insurance Regulatory Authority (SIRA) has fined…

Insurance

Strata competition rises as new offerings launched, analyst says – Daily – Insurance News

adminJanuary 25, 2023

Independent strata analyst StrataRatings says the strata insurance market can expect to see more competition after the recent addition of…

Insurance

Under pressure: Seroja ‘justifies’ cyclone building code upgrade – Daily – Insurance News

adminJanuary 25, 2023

Academics are seeking that Australian building standards be upgraded after finding many newer homes had significant roof damage after tropical…

Insurance

Property owners win flood/storm dispute – Daily – Insurance News

adminJanuary 25, 2023

Homeowners whose property was inundated by water will be covered for their losses after a dispute ruling determined that stormwater,…

Insurance

Loyal insurance staff penalised, recruiter says – Daily – Insurance News

adminJanuary 24, 2023

Loyal insurance staff are being financially penalised after employers lured new hires with attractive offers that exceeded the average salary…

Insurance

Consilium’s new reinsurance division eyes Australian business – Daily – Insurance News

adminJanuary 24, 2023

Consilium’s new reinsurance division eyes Australian business 24 January 2023 London-based specialty broking business Consilium has launched a cedant-driven facultative…

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