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General insurance

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The multibillion-dollar blow primed to hit Victorian taxpayers and the budget

The multibillion-dollar blow primed to hit Victorian taxpayers and the budget

Government agencies will fork out $15 billion a year for insurance claims by 2028, a 36 per cent surge that threatens to rock the state’s already struggling finances.

  • by Kieran Rooney

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The forgotten tax adding billions to the country’s insurance premiums
Exclusive
Floods

The forgotten tax adding billions to the country’s insurance premiums

State governments have reaped billions from stamp duty on insurance, and the industry’s peak body says it’s time for states to put that money back into mitigating natural disasters.

  • by Rachel Clun
Rents, weather events and premiums mean fight against inflation not yet won

Rents, weather events and premiums mean fight against inflation not yet won

Australia’s inflation rate has been falling for over 18 months, but rent and insurance inflation are among the household essentials bucking that trend.

  • by Rachel Clun
Going under: The flood-prone Perth suburbs at risk of being uninsurable

Going under: The flood-prone Perth suburbs at risk of being uninsurable

There are some communities that modern technology and science now suggest, with the benefit of hindsight and projections, it might have been wiser not to build.

  • by Sarah Brookes
How to avoid paying more than you should for insurance
Analysis
Analysis

How to avoid paying more than you should for insurance

As the cost of home and motor vehicle insurance continues to rise, here is what you can do.

  • by John Collett
Their ‘paradise’ keeps flooding, but some can’t afford a solution

Their ‘paradise’ keeps flooding, but some can’t afford a solution

Rising water has become a constant threat in coastal Florida, but many residents in this suburb cannot afford to elevate their homes or move.

  • by Patricia Mazzei
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Pumping insurance premiums: Are loyalty discounts a mug’s game?
Opinion
ACCC

Pumping insurance premiums: Are loyalty discounts a mug’s game?

Insurance giant IAG has been accused of telling customers they were receiving loyalty discounts when it wasn’t cheaper insurance at all.

  • by Elizabeth Knight
Federal Court dismisses disclosure class actions against CBA

Federal Court dismisses disclosure class actions against CBA

The judge found even though Commonwealth Bank was aware of problems before AUSTRAC’s 2017 case, it had not breached continuous disclosure obligations.

  • by Clancy Yeates
Who’d pay $3440 to insure my tiny car? My ex-insurer thought I would
Opinion
Opinion

Who’d pay $3440 to insure my tiny car? My ex-insurer thought I would

My Kia Picanto is worth about as much as a Taylor Swift ticket. Check out the swifty my ex-insurer tried to pull.

  • by Margot Saville
‘Opportunistic’ fraud and scams target disasters in a warming world

‘Opportunistic’ fraud and scams target disasters in a warming world

Financial criminals are exploiting Australia’s worsening climate disasters and extreme weather events, including fires, floods and cyclones.

  • by Caitlin Fitzsimmons
Under water and under pressure: The fight to fix flood insurance

Under water and under pressure: The fight to fix flood insurance

As climate change increases the severity and frequency of natural disasters, insurance companies face pressure to improve the handling of their claims.

  • by Sumeyya Ilanbey