The Latest Breaking News from Insurance

Insured losses from natural catastrophes will pass the $100-billion threshold for the fourth year running in 2023, reinsurance giant Swiss Re said Thursday.

Gabe Nolasco was born without a vital immune system gland. His family spent years in quarantines and advocating to state insurance so they could keep him alive.

Bill Shorten, Minister for the National Disability Insurance Scheme and Government Services, has released the review of the NDIS, which recommends sweeping changes to the scheme. The reforms to come will see the states take up much of the responsibility for providing services for people with more minor issues, especially…

Flood-damaged vehicles are covered under motor insurance policies. Claims can be made for own damage, third-party liability, and total loss. Add-ons like zero depreciation and engine protection are recommended. Home insurance claims require photos, receipts, and repair estimates. Read policy docs carefully to know inclusions, exclusions, deductibles, and claim procedures.

Letters and Short Takes: Australia Post service lost in the mail

Findings from an extensive review of the National Disability Insurance Scheme (NDIS) have been released with ideas on how to transform it. Led by co-chairs Bruce Bonyhady and Lisa Paul, the review heard from around 10,000 people before making 26 recommendations with 139 supporting actions. Presenting their findings, co-chairs wrote:

Following the release of a review of the National Disability Insurance Scheme, peak bodies say people living with a disability must be at the reform table.

The UFC will use Brandon Moreno as its insurance for the UFC 296 flyweight title co-headliner.

Private hospitals on track for record level of admissions this year as patients pay for diagnostics

MSMEs in Chennai and surrounding regions remain closed due to flooding. Many factories operated with 50% workforce as workers in flood-affected areas could not commute. TN Small & Tiny Industries Association requested assistance from CM as losses run into crores. Automobile firms resumed ops, offering 50% discount on insurance claims.…

Once considered world-leading, the effectiveness of the National Disability Insurance Scheme has been questioned as its cost continues to surge.