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Newsletter

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See Newsletter for:
November, 2005
October, 2005
September, 2005
August, 2005
July, 2005
June, 2005
May, 2005
April, 2005
March, 2005
February, 2005

NEWS FLASHES - Click Here

November 2005 Newsletter

Gold Coast hailstorm damage could reach $50 million
IDRO Queensland Co-ordinator Graham Jones says insurers are continuing to receive claims... (Click here for more)

NSW council not liable after all
A recent High Court decision supports the emphasis NSW courts and the legislature have placed ... (Click here for more)

Learning from the Big Boys
Just because a business falls into the small to medium enterprise bracket doesn't mean it can't learn a thing or two... (Click here for more)

October 2005 Newsletter

Katrina insurance bill could hit $US43 billion
Disaster modelling company Eqecat has revised its estimate of insured damages from Hurricane Katrina to a high of $US43 billion, with claims from the offshore oil and gas industry starting to seep through... (Click here for more)

Still too early to tell with Rita
While an exact figure on insured losses in the wake of Hurricane Rita has not been determined, Risk Management Solutions has estimated a likely range of $US4-7 billion, based on ... (Click here for more)

Product liability cover is vital
Product liability is purchased based on a desire for peace of mind and financial security - as well as a healthy fear of the consequences of not insuring... (Click here for more)

September 2005 Newsletter

State taxes blamed for underinsurance
State governments are to blame for much of Australia's underinsurance problem, according to ICA Executive Director Alan Mason. He told last week's Canberra conference ... (Click here for more)

Insurance pumps up economy
State and territory governments collected $3.2 billion in taxes from insurance policyholders in 2003/04 - an increase of 51% over ... (Click here for more)

August 2005 Newsletter

Legal and insurance snares for small businesses
While large corporations usually have a legal department and an occupational health and safety team to keep things running smoothly, smaller businesses can be disadvantaged by... (Click here for more)

Public liability rates drop
Public liability premiums are no longer experiencing the peaks of past years, which saw many sporting and charity organisations refused cover or... (Click here for more)

July 2005 Newsletter

Storms trigger $25 million damages bill
Storms that ravaged the north coast of NSW and southern areas of the Gold Coast last week could land the insurance industry with a bill of up to $6 million... (Click here for more)

Climate change a major issue, say insurers
Damage costs could increase by as much as two-thirds by the end of the century if climate change continues to affect the intensity of extreme storms... (Click here for more)

June 2005 Newsletter

Lawyers' tort reform comments "rubbish"
A Law Council of Australia (LCA) report which says industry profits are at a 10-year high has added fire to the tort reform battle... (Click here for more)

Flood data won't hurt policyholders, says ICA
Residents of Bowral in the Southern Highlands of NSW have voiced concerns that new floodplain data will make them uninsurable... (Click here for more)

More insurance options for renovators
CGU Insurance has begun offering owner-builder insurance for NSW and Victorian residents... (Click here for more)

May 2005 Newsletter

Tax relief all round, but not for insurance
Federal Treasury wants to abolish a range of state and territory taxes worth $4.4 billion - but there's no sign it will propose such a move for taxes on insurance.... (Click here for more)

Watch out for UFOs - Or insure against Abduction
Cover against alien abductions, space travel and crocodile attacks are some of the stranger policies listed, but ... (Click here for more)

No-Fault Compo Package on its way says NSW
The NSW Government's proposed no-fault compensation scheme for catastrophically injured people is on its way, but the details about who it will apply ... (Click here for more)

April 2005 Newsletter

Car thefts down for 2004
The number of vehicles stolen in 2004 dropped by about 10% - or 10,000 ... (Click here for more)

FSL makes headlines
The mainstream media is finally starting to catch up on the fire services levy (FSL) issue in NSW and Victoria ... (Click here for more)

March 2005 Newsletter

Premium drops - proof in the pudding?
The Australian Competition and Consumer Commission's (ACCC) latest report into public liability (PL) insurance says rates have dropped by 15%... (Click here for more)

 

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