An authorised representative group has collapsed amid allegations of financial irregularities. As you’ll see from the report compiled by insuranceNEWS.com.au using information obtained from many industry sources, the major investors have gone overseas, insurers haven’t been paid, ASIC is moving in and the ARs are moving out.
Combustible cladding has turned up in a new place – the country’s tallest apartment building – and ratings agency Moody’s has good news and bad news for insurers worrying about the development of driverless cars.
And we analyse the issues surrounding builders’ warranty insurance, the unloved child of the insurance industry that no one wants to save but which governments can’t do without.
Whether it’s a major upheaval in the local and regional insurance industry or questions being raised about something or someone, chances are you’ll read about it first in insuranceNEWS.com.au, the insurance industry’s go-to source for reliable, relevant and real news and information. You can ignore the ignorant imitators.