15 October 2018 Hailstorms hit, but insurance cost will be low Queensland residents, business owners and farmers suffered damage from huge hailstones as storms raged across the state last week - but the insurance bill will be relatively low. The Bureau of Meteorology says South Burnett and other areas in Read more

We often hear talk in the market about losses from large catastrophes and their related reinsurance costs, but Insurers also face increasing pressure from non-catastrophic losses which can have a significant impact on premiums. The reality is that seemingly minor events can be major reasons behind increasing costs. This is Read more

The aim of COR is to make sure everyone in the supply chain shares responsibility for ensuring breaches of the HVNL do not occur. Under COR laws if you are named as a party in the chain of responsibility and you exercise (or have the capability of exercising) control or Read more

3 September 2018 The Bureau of Meteorology has released its spring outlook, with warmer and drier than average conditions expected across much of Australia. This will lead to "intensification" of drought conditions and "an increase in bushfire potential", the bureau warns. As previously reported by insuranceNEWS.com.au, rapidly drying vegetation has Read more

20 August 2018 Insured losses from devastating storms and floods in parts of Hobart and the southern suburb of Kingston three months ago have reached almost $100 million, and the Insurance Council of Australia (ICA) says more than half the household claims have already been closed. Almost 8800 household and Read more

More than 50,000 vehicles were stolen across Australia in 2017. Queensland car thieves stole enough vehicles in 2017 to completely fill the Chermside and Indooroopilly Shopping Centre carparks, combined. The number of thefts in Queensland - 12,129 vehicles in 2017 alone - has forced police to issue a warning to Read more