Financial advice group Fortnum Private Wealth has been fined $1.35 million over cybersecurity lapses including a data breach in 2022 that affected more than 9000 clients...
An insurer has been ordered to increase a compensation offer after incorrectly telling a traveller her policy did not cover a pre-booked husky sledding tour in Finland...
Suncorp says research showing how financial products including insurance can be weaponised by perpetrators of family violence will help inform its services...
The global aviation insurance market faces challenges even with capacity remaining at sufficient levels, according to a Gallagher update...
Severe storm damage hotspots have shifted across most states over the past five years, according to Suncorp claims data...
The Federal Court has dismissed an insurance claim over a roof collapse at Sydney Entertainment Centre in 2016...
An insurer has been ordered to reinstate a commercial motor policy and reassess a truck vandalism claim after failing to prove the policyholder breached its duty of disclosure around driving offences...
A complainant has lost her bid for a policy reinstatement after arguing she was not told her former husband had become the payer for the cover, premiums were overdue and the insurance had lapsed...
Heavy truck major loss claim numbers fell 22.3% last year, with more than half linked to driver inattention and other human-related causes, according to an NTI-backed report...
Commercial underwriting agency Miramar Group will partner with Canopius as capacity provider for Miramar Sports products...
US and UK authorities are tightening rules for asset-intensive reinsurance to manage counterparty and recapture risk, according to a Fitch Ratings global regulatory update...
The industry ombudsman has backed an insurer’s decision to write off a car that hit a pedestrian, rejecting the owner’s argument the company overstated repair costs...
An Insurance News webinar takes place tomorrow at 10.30am, focused on how insurers can turn around communication with customers that too often is “fragmented and failing”...
Protest rights are under threat from local councils demanding organisers have public liability cover for rallies, according to the Australian Democracy Network...
The Insurance Brokers Code Compliance Committee issued 17 formal breach determinations last financial year and imposed six sanctions – its highest number to date...