Insurance News
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IAG reports loss as liability costs, provisions rise
IAG has reported a $427 million full-year loss based on preliminary figures, with provisions hitting the bottom line, and the insurer flagging claim cost impacts in liability classes...
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NIBA names SA/NT broker award winners
Ceduna-based Karen Skinner and Adelaide-based Patrick McCole were today crowned the 2021 SA/NT National Insurance Brokers Association award winners during a virtual ceremony...
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'Wintry blast' warning as rain-inducing weather system confirmed
A “wintry blast” is forecast to hit south-eastern Australia this weekend, while the Bureau of Meteorology also announced the development of a negative Indian Ocean Dipole, which could bring further heavy rain in the coming months...
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Allianz told to up earthquake damage offer in claim dispute
A claim dispute hearing has determined Allianz must triple its offer to WA-based homeowners who were struck by an earthquake almost three years ago...
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Court backs QBE on Opal Tower appeal
A Federal Full Court judgment has found a Liberty Mutual liability policy provides cover for the builder of Sydney’s Opal Tower, while ruling in favour of QBE on a separate claim related to the troubled project...