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Insurance set for shakeup after 'strongest recommendations' in Hayne report

Insurance set for shakeup after 'strongest recommendations' in Hayne report

The commissioner recommended banning hawking, unfair contract terms and high-pressure sales in car yards.

  • by Nick Bonyhady

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Australians in dark about what income protection covers
Life insurance

Australians in dark about what income protection covers

Research on income protection insurance found many consumers have no idea about what was and wasn’t covered in their policy.

  • by Nina Hendy
Battle looms over insurance in super policies

Battle looms over insurance in super policies

The $12 billion-a-year insurance business could take a major revenue hit if the Productivity Commissions recommendations on insurance in super are implemented.

  • by Stephen Miles
Damage bill from December hail storm 'catastrophe' nears $675 million
Extreme weather

Damage bill from December hail storm 'catastrophe' nears $675 million

The insurance tab for last month's monster hail storm over Sydney and other parts of NSW continues to climb, nearing the $675 million mark, according to the Insurance Council of NSW.

  • by Peter Hannam
'Widespread and catastrophic': Sydney storm insurance claims rise eight-fold in 18 hours
Extreme weather

'Widespread and catastrophic': Sydney storm insurance claims rise eight-fold in 18 hours

The insurance council declared the event a catastrophe on Friday afternoon, the fifth such event in Australia this year.

  • by Matt Bungard