Whether you’re a cat or a dog lover, new data shows Australians are naming their four-legged friends the same, with ‘Bella’ the most common name for both pets in 2015, followed by ‘Charlie’, ‘Max’, ‘Molly’ and ‘Coco’ which also feature as popular names for both cats and dogs. See the full list of names and […]
Best Funny Car Claims
Suncorp Claims Team has identified for Carsguide some of the more “unusual” claims stories to show a lighter side to the industry. But that didn’t stop UK comedian Jasper Carrott from performing a hilarious stand-up routine in the 1980s in which he simply read out real accident insurance claims. Examples included a lady making a claim for […]
Insurance Industry Challenged Over Mental Illness Travel Exc...
A 21-year-old Melbourne woman is challenging insurance giant QBE over its blanket exclusion of mental illness in its travel insurance policy, in what could be a watershed legal case for the industry. Ella Ingram, who developed depression when she was 17, was refused reimbursement for a 2012 school trip to New York, after she became […]
Pokemon Go Exposes Users to Security Risk
It has taken America by storm – but may have led millions of iPhone users to inadvertently give away access to their Google account. Experts have warned that iOS users of Pokémon Go are putting themselves at risk by signing up using Google. By signing up to the game, it gives maker Niantic access to […]
Insurance Through Super
Most super funds offer life insurance for their members. If you haven’t done so, we would recommend you check with your superannuation fund what insurances you have as part of your policy. Super funds typically have three types of insurance for members: Life insurance; Total and permanent disability and Income protection. Read full article here. Source: Money Smart
Recent Australian East Coast Storm Insured Losses Hit $377 M...
Estimated losses from the east coast low that hit Queensland, NSW and Tasmania in July 2016 now stand at $377 million. Insurance Council of Australia (ICA) CEO Rob Whelan says insurers have received 43,244 claims so far. Read full article here. Source: Insurance News
Mr Whippy Fraudster Gets Licked
A man who chose the rocky road to profit is now paying the price of his insurance fraud scam with a suspended jail sentence. Barry Mark Sandmann, of Strood in Kent, used a Mr Whippy ice cream van to stage separate fake accidents around the UK, Insurance Age reported. Read full article here: Source: Insurance Business Online
Internet Terror Enters New Phase – Cyber Security
The Australian Centre for Cyber Security (ACCS) at the University of New South Wales (UNSW) Canberra has tagged the recent cyberattack on the US Presidential election as a major escalation in internet terror directed at liberal democracies. Read full article here. Source: Business Insurance Online
Why is the Right Public Liability Insurance Vital?
Public liability insurance provides cover for any awards of damages given to a member of the public because of damage to their property, or an injury to their person that was caused by you or your business. The protection offered by public liability insurance covers a broad spectrum of potential claims and, whilst it is not a […]
ASIC to Prioritise Cyber Resilience
As cyber-attacks are becoming an ever-increasing risk for businesses, the Australian Securities and Investments Commission has identified cyber resilience as a key priority for ensuring that Australia’s financial markets are fair, orderly, transparent, and efficient. Read Full Article Here. Source: Insurance Business Online
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