/News
5 Dec, 2019

Dangers of dipping into swimming pool sharing

2019-12-05T17:22:24+00:005 Dec, 2019|Categories: News|

2 December 2019 Swimming pool owners are being urged to check their liability insurance before they take advantage of a new sharing economy app called Swimply which is being dubbed the “Airbnb of swimming pools”. The Insurance Council of Australia (ICA) says householders who offer their swimming pools on short-term Read more

5 Dec, 2019

Attack of the clones: number plate crime escalates

2019-12-05T09:35:32+00:005 Dec, 2019|Categories: News|

4 December 2019 Theft and cloning of vehicle number plates is an increasing concern with “far-reaching impact”, the National Motor Vehicle Theft Reduction Council (NMVTRC) warns. Data collected by the council shows 16,921 number plates were stolen in Victoria in 2018/19 – more than the number of vehicles stolen over Read more

27 Nov, 2019

Bushfire losses rise to $165 million

2019-11-27T15:34:27+00:0027 Nov, 2019|Categories: News|

25 November 2019 Insured losses from the NSW and Queensland bushfire catastrophe have increased to $165 million from 1525 claims lodged with insurers, according to the Insurance Council of Australia (ICA). The losses are expected to rise further as emergency crews are still working to contain dozens of new blazes Read more

27 Nov, 2019

Queensland hailstorm losses soar to $120 million

2019-11-27T15:13:56+00:0027 Nov, 2019|Categories: News|

25 November 2019 Insured losses from last week's Sunshine Coast hailstorm have climbed to at least $120 million from more than 15,800 claims, according to the Insurance Council of Australia (ICA). About 11,199 of the claims are for damage to motor vehicles. A spokesman for IAG told insuranceNEWS.com.au today the Read more

23 Aug, 2019

PI turmoil set to persist, says Aon

2019-08-23T04:34:16+00:0023 Aug, 2019|Categories: News|

Securing professional indemnity (PI) cover will remain tough for building certifiers and other high-risk professionals as insurers look to cut their losses, according to an Aon report. Insurers lost $1.03 for every $1 in premium earned in the March quarter, the broker says, citing statistics from the Australian Prudential Regulation Read more

9 Aug, 2019

Water Damage Claims

2019-08-09T06:20:03+00:009 Aug, 2019|Categories: News|

A recent survey by Chubb Insurance found that the size of household internal water damage claims has risen 72% in the last five years and the issue is now a more common and costly risk for properties than burglary or fire. The average claim size received by Chubb Australia jumped Read more