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Latest news: Insurance

'No agreement': states take aim at Labor over NDIS cuts

'No agreement': states take aim at Labor over NDIS cuts

State and territory ministers have attacked the federal government over its planned NDIS changes, warning it risks leaving disabled people stranded.

'Blood on your hands': disability reforms blasted

'Blood on your hands': disability reforms blasted

'Blood on your hands': disability reforms blasted

'Blood on your hands': disability reforms blasted

Disability and human rights advocates have serious concerns about a planned overhaul of the National Disability Insurance Scheme.

'Back in the 1970s': NDIS changes to take away dignity

'Back in the 1970s': NDIS changes to take away dignity

'Back in the 1970s': NDIS changes to take away dignity

'Back in the 1970s': NDIS changes to take away dignity

Cost-saving measures targeting the National Disability Insurance Scheme will strip disabled Australians of their dignity, advocates have warned.

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'I'm so scared': jewel fraudster jailed for sham heist

'I'm so scared': jewel fraudster jailed for sham heist

The owner of a jewellery store and a man he hired for a fake robbery in a $2.5 million attempted insurance fraud could both walk free from jail in months.

Land levy planned despite anti-'forever tax' pledge

Land levy planned despite anti-'forever tax' pledge

A bid to overhaul emergency services funding could result in property owners paying hundreds of dollars for a land tax in one state.

Liberals drop signature insurance company promise

Liberals drop signature insurance company promise

A premier and his government are copping political heat after a decision to tweak a key election commitment around insurance.

AMP leaders defend share price, tout AI future

AMP leaders defend share price, tout AI future

There is no sideline position to take in the disruptive moment offered by artificial intelligence, the leader of an Australian wealth stalwart says.

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Major insurer unsure of next steps amid legal action

Major insurer unsure of next steps amid legal action

Major insurer unsure of next steps amid legal action

Major insurer unsure of next steps amid legal action

One of the nation's major insurers is unsure how to proceed in the face of legal action after thousands of customers lost promised online discounts.

Insurer's shares soar to four-month high on profit rise

Insurer's shares soar to four-month high on profit rise

Insurer's shares soar to four-month high on profit rise

Insurer's shares soar to four-month high on profit rise

QBE shares have rocketed after reporting a net profit increase of 21 per cent on higher premiums and fewer disaster payouts.

Destructive hailstorms slash insurer firm's bottom line

Destructive hailstorms slash insurer firm's bottom line

Destructive hailstorms slash insurer firm's bottom line

Destructive hailstorms slash insurer firm's bottom line

Suncorp's first-half profit has dropped 76 per cent after the insurer paid $1.3 billion in natural hazard claims, mostly related to two thunderstorms.

Private health insurance hike another blow for budgets

Private health insurance hike another blow for budgets

Private health insurance hike another blow for budgets

Private health insurance hike another blow for budgets

Under-pressure households will likely downgrade rather than ditch their private insurance after the health minister approved a big fee hike.

Shares in wealth manager plunge in earnings bloodbath

Shares in wealth manager plunge in earnings bloodbath

Shares in wealth manager plunge in earnings bloodbath

Shares in wealth manager plunge in earnings bloodbath

AMP shares have plummeted amid questions from analysts about why shareholders should watch their money being "torched" to fund the company's new digital bank.

Hailstorms, cyclones prompt multibillion-dollar claims

Hailstorms, cyclones prompt multibillion-dollar claims

Hailstorms, cyclones prompt multibillion-dollar claims

Hailstorms, cyclones prompt multibillion-dollar claims

From hail damage on cars to rooves ripped off homes, severe weather events across Australia caused an eye-watering $3.5 billion in insured losses in 2025.

Few claims coming for Qld floods, as Katter wants dams

Few claims coming for Qld floods, as Katter wants dams

Few claims coming for Qld floods, as Katter wants dams

Few claims coming for Qld floods, as Katter wants dams

Insurers are yet to see a deluge of claims from the northwest Queensland floods, reflecting the predicament of under-insured farmers and producers.

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Australia makes list of 2025's costliest climate events

From catastrophic wildfires in Los Angeles to devastating floods in Asia, it's been a tough year of climate extremes and their economic burdens.

Bupa fined $35m for duping patients, hospitals

Australia's second biggest health insurer has been ordered to pay $35 million for misleading customers about benefits they were entitled to.

Businesses spared rising costs as peace deal struck

Christmas has come early for businesses with a months-long impasse on workers compensation resolved, ensuring insurance premiums do not surge.

Bad genes ban: insurers to be blocked from using data

Insurance companies will be banned from taking Australians' genetic tests into account when offering cover, in a push to address gene discrimination.

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Insurance costs to 'skyrocket' after workers comp fail

Insurance premiums for many charities and small businesses are set to spike after sweeping workers compensation reforms were voted down.

Insurance woes and warming oceans no fisherman's friend

Fishing businesses are under pressure from a warming planet as a group of academics explores a novel, self-sustaining pathway to fund climate adaptation.

Profits up in calmer weather for insurance group IAG

The group that owns some of Australia's biggest insurance brands says profits have been strong so far in 2025/26, but is mindful conditions can change quickly.

Black hole looms as workers comp scheme expands

Victims of bullying and sexual harassment can now seek redress under Australia's largest workers compensation scheme, but questions remain about its viability.

AMP profit slips but adviser growth impresses investors

Wealth manager AMP has posted another fall in bottom-line net profit, but is optimistic about future growth and its new digital banking service.

Scandals dog attempts to 'get it right' on workers comp

Reform of an insurance scheme protecting more than 3.5 million workers faces delays as critics of proposed changes defend working with a scandal-plagued MP.

Australia's frustration with motor insurance grows

Australia's financial product watchdog continues to grapple with a mountain of complaints, with car insurance the leading cause of consumer consternation.

Topics

Politics Australia Crime, Law and Justice New South Wales Queensland Economy, Business and Finance Environmental Issue Health South Australia Tasmania Weather Housing and Urban Planning Australian Capital Territory Flood Inquiry Global Warming State Budget and Tax Human Rights Construction and Property Windstorms

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