Whether you're trying to advance your current career or pursue a new one, we have the tools, tips and advice you need.
APRA has written to life insurers and registrable superannuation entity licensees, urging them to address concerning practices in the provision of insurance
The Australian Prudential Regulation Authority (APRA) has published its Life Insurance Claims and Disputes Statistics,
The ACCC has granted interim authorisation allowing life insurers to co-ordinate to ensure frontline healthcare workers are not excluded from coverage due to potential or actual exposure to COVID-19.
ASIC has commenced proceedings in the Federal Court against insurer TAL Life Limited (TAL) for alleged breaches of the Australian Securities and Investments Commission Act (2001), the Corporations Act (2001) and the Insurance Contracts Act (1984).
ASIC has announced the implementation of a ban on unsolicited ‘cold call’ telephone sales of direct life insurance and consumer credit insurance (CCI). The ban will address poor sales practices that have led to unfair consumer outcomes and will take effect from 13 January 2020.
Following concerns raised by the Australian Securities and Investments Commission (ASIC) about unfair telephone sales of life insurance, The Colonial Mutual Life Assurance Society Limited (trading as CommInsure) has conducted a remediation program.