“Set the ... allocation to financial advice for 2026-27 at zero ... in recognition of the unsustainable impact on small businesses,” the association says in a submission to Treasury. The federal ...

AFCA has rejected the policyholders’ argument that ambiguous wording should be interpreted in their favour, finding the certificate and product disclosure statement were clear when read together. See ...

The Federal Court has fined Hollard $2 million over failures handling a home and contents claim made by a couple after a storm damaged their roof.

The federal government has scrapped proposed changes to the Disaster Recovery Funding Framework after a campaign by Queensland councils and politicians. The planned overhaul would have reduced ...

Aviso Specialty has appointed Eric Wojcik as head of capital and guarantee solutions, effective next March. Mr Wojcik, who will be based in Sydney, has more than 30 years’ experience across banking, ...

Insurers have pressed for a rethink on their share of the $170.3 million special levy to cover a cost blowout in the Compensation Scheme of Last Resort, questioning the metrics used to decide ...

Ceyda Erem, insurance expert at Finder, says trying to reduce premiums by bending the truth could leave homeowners far worse off. “Many Australians are understandably looking for ways to bring down ...

A homeowner who sought a reimbursement because her new policy did not offer an opt-out for flood cover has lost a dispute with broker Network Insurance House. Her previous insurer – the only provider ...

IAG and RAC have lodged applications that keep the door open for an Australian Competition Tribunal review of a blocked takeover deal, as they also pursue a public interest test process. Last month, ...

Hollard Insurance Australia has recruited Mark Adams from the banking sector to be its chief risk officer. Mr Adams has more than 20 years’ experience spanning financial services and regulation, ...

The general insurance industry remains in a strong financial position but softer commercial lines, inflation pressures and ...

“The costs associated with disaster response, recovery and reconstruction will continue to rise as the severity and frequency ...