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Latest news: Insurance

Labor defends insurance rebate cut as elderly targeted

Labor defends insurance rebate cut as elderly targeted

Moves to scrap extra private health insurance rebates for over-65s won't have a significant impact as analysis shows pensioners will face higher cost.

Shipping containers of stolen cars turning up overseas

Shipping containers of stolen cars turning up overseas

Shipping containers of stolen cars turning up overseas

Shipping containers of stolen cars turning up overseas

Cars stolen from Australian drivers are being moved overseas via shipping containers en masse, with the global black market fuelling the crime spree.

Over 65s 'expensive target' in health insurance debate

Over 65s 'expensive target' in health insurance debate

Over 65s 'expensive target' in health insurance debate

Over 65s 'expensive target' in health insurance debate

One of Australia's most senior GPs has warned the government's cost-cutting insurance rebate measures are likely to blow out, as people forgo treatment.

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Why natural disasters are impacting the housing crisis

Why natural disasters are impacting the housing crisis

Natural disasters are diverting builders and resources from new housing, while soaring rebuild costs worsen Australia’s housing shortage.

Insurers warned against offering dodgy cash settlements

Insurers warned against offering dodgy cash settlements

The financial regulator has found insurers often offer cash payouts to repair damage based on a single quote, which can leave customers out of pocket.

DNA twist: Grisham fan cracks life-and-death case

DNA twist: Grisham fan cracks life-and-death case

A lawyer's campaign has culminated in a legal victory worthy of a Grisham novel with laws banning life insurers from using genetic test results to deny cover.

Impact of war in Middle East hits insurer's bottom line

Impact of war in Middle East hits insurer's bottom line

Shares in Sydney-based global insurance company have fallen two-month low after it paid out millions in catastrophe claims related to the war with Iran.

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Scorched: rising natural disasters hit insurer's profit

Scorched: rising natural disasters hit insurer's profit

Scorched: rising natural disasters hit insurer's profit

Scorched: rising natural disasters hit insurer's profit

Australia and New Zealand's biggest insurer has posted a significant drop in annual profit, as major bushfires and floods sparked a wave of claims.

Premiums rising at double inflation rate, insurer says

Premiums rising at double inflation rate, insurer says

Premiums rising at double inflation rate, insurer says

Premiums rising at double inflation rate, insurer says

The cost of insurance is surging at nearly double the rate of inflation, Australia's biggest insurer says, after its profit was hammered by a stormy year.

Car insurance customers in the dark about fee hikes

Car insurance customers in the dark about fee hikes

Car insurance customers in the dark about fee hikes

Car insurance customers in the dark about fee hikes

Car insurance premiums surged eight per cent while the broader consumer price index rose three per cent, in part due to a surge in vehicle theft in Victoria.

'Fatal impacts' feared for LGBTQI community due to cuts

'Fatal impacts' feared for LGBTQI community due to cuts

'Fatal impacts' feared for LGBTQI community due to cuts

'Fatal impacts' feared for LGBTQI community due to cuts

Advocacy groups have warned changes to the NDIS could force members of the LGBTQI community back into the closet.

AMP expands profit by a third as super fund outperforms

AMP expands profit by a third as super fund outperforms

AMP expands profit by a third as super fund outperforms

AMP expands profit by a third as super fund outperforms

Shares in AMP have climbed nearly six per cent after the financial services company increased its dividends due to a strong half-year.

'Breathtaking' NDIS exploitation in remote communities

'Breathtaking' NDIS exploitation in remote communities

'Breathtaking' NDIS exploitation in remote communities

'Breathtaking' NDIS exploitation in remote communities

Multiple groups have told an inquiry the federal government's proposed National Disability Insurance Scheme reforms should not go ahead in their current form.

Aussies face 'poverty premiums' on insurance payments

Aussies face 'poverty premiums' on insurance payments

Aussies face 'poverty premiums' on insurance payments

Aussies face 'poverty premiums' on insurance payments

At a time when households face higher insurance premiums across the board, the industry is being warned not to penalise customers paying monthly or quarterly.

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'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

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

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

'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.

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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

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

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

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

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

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

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

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Politics Australia Crime, Law and Justice New South Wales Victoria Economy, Business and Finance Health Disaster and Accident South Australia Indigenous People Tasmania Crime Science and Technology Housing and Urban Planning Australian Capital Territory Parliament Inquiry Political Campaigns Consumers State Budget and Tax

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