Editorial team
Editor : Eva Wiland. Email eva.wiland@th omsonreuters.com.Contributing editor: Kate Tilley. Journalist: John Reynolds. Managing Editor: Helen Jones. Twitter: @Cover_NoteTR.
View ArticleInsurers lose TPD claim fight
The NSW Supreme Court has ordered two insurers to cover a former NSW police officer's TPD claim and pay most of his legal costs. On June 19, Justice James Stevenson ordered MetLife and TAL to pay 80%...
View ArticleNSW insurers ‘flout WCD rules'
The WorkCover Independent Review Office (WIRO) annual report , tabled in NSW parliament on June 25, has found a regulation to restrict insurers from getting legal advice on work capacity decisions...
View ArticleWickham boss faces 33 fraud charges
Wickham Securities Ltd chair and SMSF adviser Sherwin Financial Planners Pty Ltd (SFP) principal Bradley Thomas Sherwin last week faced Brisbane Magistrates Court charged with 33 fraud offences after...
View ArticleFed Govt delivers on super reform
Industry has welcomed the Federal Government's exposure draft legislation proposing all APRA-regulated super funds' trustee boards have a minimum of one-third independent directors and independent...
View ArticleICA CoC now operational
The revised general insurance code of practice came into full effect this week after a 12-month transition from the previous code. ICA said the transition to the revised code by 49 general insurers and...
View ArticleNSW disaster funding welcomed
IAG has welcomed disaster resilience funding initiatives in the NSW Government's 2015-16 budget. IAG personal insurance product and underwriting executive GM Tracy Green said the investment would...
View ArticleVero widens RM Advancer awards
Nominations for Vero's 2015 RM Advancer awards, to be announced in Sydney on October 28, opened this week. Vero said it was celebrating the awards' 10 th anniversary by opening nomination eligibility...
View ArticlePeople
Jodie Blackledge has become Austbrokers Holdings Ltd's new CFO on the July 1 retirement of Steve Rouvray after 10 years in post ... Insurance law firm Gilchrist Connell has made several senior...
View ArticleTrowbridge ticks reform progress
Life sector review author John Trowbridge has vowed to be a “keen observer” of last week's industry reforms handed to Assistant Treasurer Josh Frydenberg ( CN 25/06/15 ) .Trowbridge said in a statement...
View ArticleAnother HIH -size collapse ‘unlikely'
Industry reforms in the wake of the HIH royal commission ( CN 1878 ) have made the possibility of another collapse of the same magnitude highly unlikely. So said McGrathNicol chair Tony McGrath at last...
View ArticleAce buys Chubb to form global force
NYSE-listed Ace Ltd and the Chubb Corporation have made a deal for Ace to buy Chubb for $US28.3bn ($A37bn) to create a global commercial and personal property & casualty (P&C) force under the...
View ArticleOne Big Switch in hot water
One Big Switch Pty Ltd (OBS), the company behind the One Big Insurance Switch campaign, has landed in hot water after ASIC found it had run foul of Australia's financial services laws. ASIC said OBS...
View ArticleAnother HIH-size collapse 'unlikey'
Industry reforms in the wake of the HIH royal commission ( CN 1878 ) have made the possibility of another collapse of the same magnitude highly unlikely. So said McGrathNicol chair Tony McGrath at last...
View ArticleBroker commissions questioned
A UK risk manager has questioned the validity of brokers accepting insurer commissions. BP risk manager Lesley Harding raised the “anomaly” with fellow panellists at Airmic's 2015 annual conference in...
View ArticleDiary
July 19-21, Gold Coast: ANZIIF sunshine seminar. Go to theinstitute.com.au/events
View ArticleEditorial team
Editor: Eva Wiland. Email eva.wiland@thomsonreuters.com. Contributing editor: Kate Tilley. Journalist: John Reynolds. Managing Editor: Helen Jones. Twitter: @Cover_NoteTR.
View ArticleHIH scheme ‘necessary at the time'
Implementing the HIH Claims Support Scheme (HIHCSS) after the insurer's 2001 collapse was a “unique response to an exceptional event” that helped many people, a Federal Treasury report has found ( CN...
View ArticleFraudulent couple's jail confirmed
The NSW Criminal Appeal Court has confirmed jail terms for a Sydney couple involved in a bizarre suicide bid to get a $1.7m life insurance payment. Justices Fabian Gleeson, Peter Hidden and Robert...
View ArticleTeacher wins $285k in trolley mishap
The NSW Appeal Court (AC) has awarded $285,915 in damages on appeal from the District Court to a teacher against Willoughby City Council (WCC) for “soft tissue” injuries she sustained in a Northbridge...
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