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Latest news: Insurance
Subsidies push to help tackle climate insurance crisis
Low-income households are bearing the brunt of a disastrous legacy of building homes in the firing line of a changing climate, a consumer group says.
Aug 07, 2023
Insurance costs, claims under microscope after floods
Insurance affordability and the handling of claims after devastating floods in several states in 2022 will be examined in a parliamentary hearing.
Aug 03, 2023
A forever home ruined by floods and insurance battles
A federal parliamentary inquiry will examine insurance companies' handling of claims after historic floods ravaged most states and territories in 2022.
Jul 19, 2023
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Caravan park insurability shifts goalposts for retirees
As caravan parks across the country struggle to find insurance, tens of thousands of Australians who call them home are wondering what the future holds.
Jul 09, 2023
Insurance providers fined $13.5m for misrepresentations
Three insurers found to have misrepresented life, funeral and accidental injury coverage have been fined $13.5 million, with ex-boss Russell Howden also fined.
Jul 04, 2023
Illegal algorithm costs Insurance Australia $40 million
Insurance Australia Limited has been penalised $40 million by the Federal Court for misleading customers with NRMA insurance policies.
Jun 30, 2023
Insurance fears stops people having life-saving tests
New laws are needed to stop genetic discrimination after a report found Australians aren't having life-saving tests due to concerns about their insurance.
Jun 30, 2023
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Regulator sanctions Medibank following data hack review
Medibank must carry an additional $250 million in capital after a review by the banking regulator into a damaging cyber attack that rocked the company.
Jun 27, 2023
One in three to get slice of $815m in insurer payouts
More than 5.6 million Australians could be eligible for a payout after insurers were found to have unnecessarily complex pricing promises and practices.
Jun 23, 2023
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