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June 5, 2024
The U.S. Senate Budget Committee on Wednesday debated the cause of the insurance crisis plaguing homeowners around the country.
April 29, 2024
The Reserve Bank (RBNZ) wants banks to pay closer attention to the insurability of the properties they lend against. This scrutiny could make it harder for...
April 2, 2024
The Compensation Scheme of Last Resort (CSLR) now offers relief to Australians who win financial misconduct cases but cannot recover damages due to defunct firms.
January 9, 2024
The board of the Compensation Scheme of Last Resort (CSLR) estimates $241 million will be needed to fund claims lodged with the Australian Financial Complaints Authority (AFCA) between November 2018 and September 2022.
January 8, 2024
The estimated sum for the initial Compensation Scheme of Last Resort levy has been calculated, with the regime expected to start receiving claims in April.
January 8, 2024
Ahead of the Compensation Scheme of Last Resort (CSLR) going into effect, its board has provided an estimated cost for historical claims. The CSLR board has estimated that the initial levy to fund c
August 13, 2023
A new report for Actuaries Australia finds one in eight, or 1.2 million, households face home insurance affordability stress.
August 9, 2023
Private healthcare policies and incentives have been examined in order to find methods for improvement.