General insurance
Alarm sounds on insurance as Australia’s natural disaster risk surges
Global giants that play a key role in the insurance market are viewing Australia and New Zealand as riskier markets – and this is feeding into higher premiums.
- by Clancy Yeates
Latest
Opinion
Opinion
Looming insurance crisis could make the GFC ‘look like a picnic’
If the blowout in insurance premiums – both here and overseas – is not dealt with soon, we could be forced to face a reckoning nobody is ready for, least of all the global economy.
- by Shane Wright
Inquiry to examine insurance costs as study shows Australians being priced out
A parliamentary inquiry will examine insurance affordability as a new report shows more people are being priced out of protecting their homes and assets.
- by Shane Wright
Exclusive
Stephen Jones
‘Perfect storm’: Soaring insurance premiums, claim delays under microscope
Assistant Treasurer Stephen Jones is worried the increase in premiums, combined with a rise in complaints, will result in people opting out of insurance.
- by Rachel Clun
Opinion
Hip pocket
Premium pain? How to combat rising insurance prices and stay covered
Insurance has become increasingly expensive over the past year, and premiums are expected to keep rising. Here are some simple ways to save money on your house, car and health insurance.
- by Dominic Powell
Exclusive
State Parliament
Where home insurance costs $30,000 a year – or you can’t get a policy at all
Calls for government solutions grow louder as Hawkesbury-Nepean Valley residents smashed by floods now can’t insure their homes.
- by Max Maddison
Woolworths, RSPCA, Medibank caught up in pet insurance crackdown
A number of well-known brands were temporarily blocked from selling pet insurance for failing to properly consider the financial situation of prospective customers.
- by Millie Muroi
Insurers to repay $815 million after overcharging consumers
More than 5.6 million consumers will be repaid after the corporate regulator revealed 11 general insurers had overcharged their customers.
- by Millie Muroi
Opinion
Extreme weather
Minister warns insurers over ‘unfair’ premiums in disaster hotspots
The insurance giants are the latest big companies attracting unwanted government attention over some of their prices.
- by Clancy Yeates
Minister rejects icare premium plea, caps rises at 8%
The parlous financial state of embattled workers’ compensation insurer icare is so severe it has been slapped with a formal ministerial directive to cap urgently needed premium increases.
- by Lucy Cormack
When living longer means getting no value for funeral insurance
Gill and Alan Brown have so far paid $21,500 for a $9500 benefit to cover the cost of each funeral. By their late 80s the couple may have shelled out $30,000 more.
- by Anna Patty