Insurance News Releases

FPA Turns to Social Media, With More to Come: Lifebroker

NZ Insurers Seek Extra Exemptions for Credit Life Contracts: Lifebroker

Another CEO Search Begins As Doyle Leaves Zurich: Lifebroker

Lifebroker: Life Insurance Industry Growing

2012 APRA Seeks Improvements From Group Life Industry: Lifebroker

Edmonton Insurance Broker, Drayden Insurance Relocates to new West Edmonton Loca…

Go behind the scenes with Hart & Huntington in the InsureMyRide Race Weekend…

MySuper Committee Rejects Calls for Tailored Life Insurance: Lifebroker

Once-in-a-lifetime Opportunity For One WA Football Club

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• FPA Turns to Social Media, With More to Come: Lifebroker
  Lifebroker reports that the Financial Planning Association of Australia (FPA) has taken the plunge into social media and plans to extend its online presence in the coming months. - May 15, 2012
• Companies Ignore Mental Health Issues at Their Peril: Lifebroker
  According to Chartered Secretaries Australia (CSA), businesses are failing to recognise mental health issues and to respond to the risks of mental illness in the workplace Lifebroker reports. - May 15, 2012
• OAI: Payment Gap in Fla. Law Reopens Reform Debate on Auto Insurance
  State agency clarifies payment gap, groups predict litigation after new law was approved last week. - May 15, 2012
• Another CEO Search Begins As Doyle Leaves Zurich: Lifebroker
  Zurich Financial Services Australia has announced that Shane Doyle, who has served the company as Chief Executive Officer, General Insurance Australia, will leave the company by 30 September 2012. - May 12, 2012
• NZ Insurers Seek Extra Exemptions for Credit Life Contracts: Lifebroker
  The Reserve Bank of New Zealand, the body charged with the prudential supervision of the insurance industry, has been asked by the Insurance Council of New Zealand (ICNZ) to amend regulations that put credit insurance into the life insurance category. - May 10, 2012
• Online Auto Insurance: Study Shows Need to Limit Teens' Passengers
  Recent AAA study links higher fatality risk with younger, more passengers, and a lower risk with older passengers - May 10, 2012
• 2012 APRA Seeks Improvements From Group Life Industry: Lifebroker
  According to one government speaker at a plenary session of the Financial Services Council Life Insurance Conference 2012, the group life insurance industry can expect to see increased attention from the Australian Prudential Regulation Authority (APRA) in the future. - May 08, 2012
• Lifebroker: Life Insurance Industry Growing
  In its latest analysis of yearly premium inflows, this one covering the 2011 calendar year and released on 18 April 2012, Plan for Life Actuaries and Researchers report generally strong premium growth across almost all sectors of the industry. - May 08, 2012
• Edmonton Insurance Broker, Drayden Insurance Relocates to new West Edmonton Location
  Edmonton Insurance Broker Drayden Insurance is relocating to a new West Edmonton location on 170th Street and 109 Avenue effective May 7, 2012. - May 04, 2012
• OAI: Regulators' Consumer Advocate Role Shown in Auto Insurance Recoveries
  Departments safeguard taxpayers as Ct. recoups money, Pa. uncovers 'forced bundling' case - May 03, 2012
• Online Auto Insurance: Survey Says Females Likelier to Text Behind Wheel
  Most young motorists engage in distracted driving but believe they are safe drivers, according to a new Bridgestone survey - May 01, 2012
• AutoInsurance.com: Recent Snapshot Growth Shows Telematics Popularity
  The technology's increasing prominence highlighted inside and outside of industry - April 26, 2012
• Online Auto Insurance: Stronger Laws Boost Safe Teen Driving, Study Says
  Researchers outline different outcomes of primary, secondary enforcement of seat belt laws - April 24, 2012
• OAI: Drop in Car Insurance Claims Satisfaction Linked to Repair Expectations
  A new J.D. Power survey shows car owners are waiting longer to take their cars in for repairs. - April 19, 2012
• OAI: Rate-Evasion Arrests Highlight High Prices for Auto Insurance in Northeast
  The Pennsylvania attorney general announced the arrests of 12 people allegedly involved in a rate-evasion scheme - April 18, 2012
• Go behind the scenes with Hart & Huntington in the InsureMyRide Race Weekend Competition
  InsureMyRide (http://www.insuremyride.com.au) is offering motocross fans the chance go behind the scenes of a leading motorcross team in the Hart & Huntington Race Weekend for the MX Nationals. - April 11, 2012
• Online Auto Insurance: State Farm Survey Shows Ongoing Teen Driving Dangers
  Teenagers still think texting behind the wheel is less dangerous than drunk driving. - April 11, 2012
• Online Auto Insurance: No-Fault Fees Play into Michigan Helmet Debate
  Gov. Rick Synder is considering approving or vetoing a bill to relax motorcycle helmet restrictions, but wants no-fault reform first, reports OAI. - April 09, 2012
• MySuper Committee Rejects Calls for Tailored Life Insurance: Lifebroker
  The Australian government's Joint Committee on Corporations and Taxation has reported that it does not support a system, as part of the MySuper initiative that allows trustees to tailor life insurance products to the different needs of individual members. - April 05, 2012
• Online Auto Insurance: Study Contradicts Gender-Based Driver Characterizations
  The results of a recent AAA Foundation for Traffic Safety study runs contradictory to the understanding that women take fewer risks behind the wheel than men, says Online Auto Insurance. - April 04, 2012
• Once-in-a-lifetime Opportunity For One WA Football Club
  The Western Australian Football Commission has teamed up with leading national insurer AAMI to give one lucky WA community football club the ultimate home ground advantage. - April 03, 2012
• Dangerous Groups On The Road: The Generation Blame Game
  GIO's latest research has found drivers believe the most dangerous groups driving on our roads are those at the opposite end of the age spectrum to them. - March 30, 2012
• OAI: Electronic Proof of Car Insurance an Increasingly Popular Option
  A law newly enacted in Idaho makes it the first state to allow demonstration of insurance coverage by smartphones or other electronic means, but it's not the first state to propose such a measure - March 30, 2012
• OAI: Different States, Different Auto Insurance Law Enforcement Tactics
  Across the U.S., uninsured motorists face a patchwork of methods for how states enforce compulsory car insurance laws. - March 23, 2012
• OAI: New Jersey Recovery Report Underscores Role of Car Insurance Regulators
  New Jersey regulators recovered almost $23 million for car insurance policyholders in the state last year. - March 13, 2012
• OAI: Auto Insurance Case Highlights Complexity of Policy and Legal Details
  The case dealt with an accident that happened across state lines. - March 08, 2012
• Insurance Brokerage Drayden Insurance Set to Attend Edmonton Boat and Sportsmen Show
  Edmonton Insurance broker, Drayden Insurance, will be part of the upcoming 2012 Edmonton Boat & Sportsmen's Show. Drayden has teamed up with one of the many insurance companies Drayden works with, to offer Edmonton boat enthusiasts a special rate on their boat insurance this season. - March 06, 2012
• AutoinsuranceEZ.com Launches Car Insurance Company Reviews Section
  AutoinsuranceEZ.com adds a new section featuring reviews of car insurance companies. Consumers can trust these reviews to help them find the best service and providers in their local area. - March 05, 2012
• OAI: Maine Supreme Court Decision Highlights Rental Car Insurance Issues
  Some states require that policies automatically extend coverage for rental vehicles, but that's not so in Maine. - March 01, 2012
• Online Auto Insurance: Price Drops Related to Theft Trends Can Take Time
  The Louisiana insurance commissioner recently said drops in thefts will benefit comprehensive policyholders in the state. - February 27, 2012
• Lifebroker: New Online Resources for Advisers from OnePath and AMP
  For insurance advisers, as for many who work in service industries of all kinds, knowledge is power. - February 24, 2012
• Lifebroker: A Bright Spot for Insurance Life Risk Sales
  The life insurance sector has been a bright spot in a landscape in which other segments of the insurance industry have been unable to generate significant growth during the year ending September 2011. - February 23, 2012
• Online Auto Insurance Cautions Consumers about Material Misrepresentation
  The authors of the new FAQ on the topic warn drivers of the serious consequences of lying on a policy application. - February 23, 2012
• OAI: Bills Would Allow for Proof of Auto Insurance on Mobile Phones
  Lawmakers in California and Arizona have introduced legislation that would make physical insurance cards optional. - February 22, 2012
• Insurance Suffers a Steady Decline in SMSFs: Lifebroker
  Since 2004, the Australian Taxation Office (ATO) has tracked asset allocations, along with a variety of demographic variables, in self-managed superannuation funds (SMSFs) and, for insurance brokers, one of the more interesting findings is the decreasing role played in SMSFs by insurance policies. - February 17, 2012
• Insurers' Assets Rise Amid Continuing Turbulence: Lifebroker
  February 7, 2012 - In its annual report for the year ended 30 June, 2011, the Australian Prudential Regulation Authority (APRA) has reported that Australian life insurance companies have strengthened their capital positions and that they remained profitable despite a year-over-year decrease in net premiums. - February 07, 2012
• OAI: Calif. Ballot Could Have Opposing Auto Insurance Measures
  Two California propositions-one still proposed and one already qualified for the ballot-would make opposing changes to how insurers can price policies based on coverage history. - February 07, 2012
• AAMI Adds Flood Cover To Home Policies - Opt-Out Available To Higher Risk Properties
  Insurer AAMI today added flood cover to its personal home buildings and home contents policies. - February 06, 2012
• GIO Reassures Customers: You Are Covered For Flood
  With heavy rain continuing and flood warnings in force, insurer GIO is reassuring customers in Northern NSW they are covered for flood and urging everyone to put safety first - February 03, 2012
• Safety Must Come First Against Possible Flood Threat
  With heavy rain and possible flash flooding forecast insurer GIO is urging people to put safety ahead of possessions - February 02, 2012
• Offshore Life Insurance Company Karlsberg Presenting at Live and Invest Overseas Conference
  Learn about the benefits of an offshore life insurance policy and the assets that may be included into the policy at Wayne's presentation at the Live and Invest Overseas Conference in Medellin, Colombia. Karlsberg life insurance offers an IRS compliant private placement offshore variable universal life insurance product. - January 26, 2012
• OAI: Missouri Recovery Report Highlights Role of Insurance Regulators
  Regulators assisted in putting $21 million back in consumers' pockets in 2011. - January 25, 2012
• Raging Against The Machines (and Their Drivers) - AAMI Invests in Road Rage Research
  Despite their apparent outrage at road rage, Aussie drivers are all too happy to vent their own anger at other road users who frustrate them, according to new research from leading national insurer AAMI. - January 23, 2012
• OAI: Auto Insurance Proposal Puts Spotlight on California's Extensive Regulation
  Californians will vote in November on a measure that would allow insurers to give continuous-coverage discounts. Golden State residents voted on a similar measure in June 2010. - January 23, 2012
• OAIN: Proposed Texting Ban Could Have Auto Insurance Implications
  The texting ban could be one more reason for teenagers to put their cell phones down while behind the wheel. - January 18, 2012
• Online Auto Insurance: Recent Reports Highlight Role of State Regulators
  Officials in California, Michigan and North Carolina recouped a total of more than $120 million for insurance policyholders in 2011 through market-conduct exams and follow-ups on consumer complaints. - January 13, 2012
• OAI: GEICO Case Underscores Importance of Car Insurance Rate Regulation
  The insurer had to pay out more than $7 million after catching a glitch in rate-making software. - January 09, 2012
• Valued Employee Retires From Drayden Insurance after 32 Years with Edmonton Insurance Broker
  Drayden Insurance Ltd. announces the retirement of Murray Miller after a 32 year insurance career with the Edmonton Insurance broker. - January 04, 2012
• OAIN: Maryland Court Ruling Could Lower Up-Front Auto Insurance Costs for Some
  A Maryland court recently ruled that some of the state's premium finance companies were illegally front-loading interest on their customers' accounts. - January 01, 2012
• OAI: Recent Award Shows Importance of Auto Insurance Companies' Online Presence
  Progressive, which recently won an award for having a user-friendly website, is one of the best example of companies succeeding at selling coverage over the Web. - December 30, 2011
• Lifebroker: Life Insurers Receive High Satisfaction Ratings from Advisers
  The 2011 Investment Trends Planner Risk Report surveyed 729 financial advisers - 77% rated their insurers as being "good" or "very good." - December 28, 2011
• Lifebroker: APRA Helps RSE Licensees Understand New Reforms
  The Australian Prudential Regulation Authority, commonly abbreviated as APRA, has released a comprehensive report detailing the implications of the reforms of the Federal Government on the superannuation industry. - December 28, 2011
• OAIN: Court Case Highlights Potential Complexity of Car Insurance Claims
  The Michigan Supreme Court recently ruled on an insurance claim whose validity hinged on the interpretation of a pair of esoteric legal terms. - December 28, 2011
• Lifebroker: How Death Cover Provides Tax Free Benefits For Your Family
  Imagine that you've received some bad news from the doctor. At age 40, you have only a few years left to live. - December 22, 2011
• Lifebroker: Why Explaining The Rules of Superannuation Can Help You
  Clients rely on us, their, for reliable financial information. - December 22, 2011
• Lifebroker: AMP Changes Are Good News For Life Insurance Buyers
  Recent changes by AMP make it easier than ever for life insurance customers to choose the company for their needs. AMP has revamped its offerings with an eye toward making the products more relevant and contemporary to today's consumers. - December 22, 2011
• OAI: Car Insurance Implications of Possible Nationwide Cell-Phone Ban Unclear
  The NTSB recently advocated for a nationwide ban on cell-phone use while driving, a move that could have uncertain auto insurance implications for violators of such a ban. - December 22, 2011
• Carpark grinches adding to Christmas shopping stress
  The stress of Christmas shopping starts and sometimes ends in the car park with spot theft, phantom dingers and disabled parking interlopers, according to the latest GIO research. - December 14, 2011
• OAI: Ill. Auto Insurance Price Break Should Prompt Coverage Evaluation
  State Farm recently announced that it would be cutting rates for car coverage by an average of 2 percent at the end of December. - December 14, 2011
• Residential Insurance Claim Adjusters Now Have 24/7 Access to Emergency Housing Solutions in Toronto & GTA - DelSuites
  Serving the Insurance Industry for more than a decade, DelSuites introduces a "One Call Anytime" Service to provide emergency housing in the case of property loss due to fire, flood or mold. - December 08, 2011
• Online Auto Insurance: Report Highlights Dangers Posed by Teenage Drivers
  A new report from Allstate and the National Safety Council quantifies the cost of crashes involving teenage drivers, and the possible benefits of uniform licensing programs. - December 08, 2011
• Offshore Life Insurance Company Karlsberg Presenting at Shorex Wealth Management Forum
  Learn how to structure your wealth in a changing environment using investments through Karlsberg Life Insurance at the Shorex Wealth Management Forum in Geneva Switzerland. Karlsberg life insurance offers an IRS compliant private placement offshore variable universal life insurance product. - December 06, 2011
• Online Auto Insurance: NC Nonrenewals Highlight Insurers' Search for Competitive Edge
  Regulators say Allstate's decision to nonrenew residential property policies that aren't bundled with auto policies has been done to compete with insurers that only provide vehicle policies. - December 01, 2011
• Drayden Insurance Shares Top Winter Safety Tips to Minimize Insurance Claims
  Drayden Insurance Ltd, an Edmonton Insurance Broker, is offering advice on minimizing home and auto insurance losses or claims this winter. - November 30, 2011
• Apia Most Recommended Insurance Provider in Australia, Third Year Running
  Apia has been named the Most Recommended Home and Contents Insurer for the third year in a row, and the Most Recommended Motor Insurer for the second year in a row - November 30, 2011
• Greater Western Sydney Giants Team Up With Lifebroker
  Lifebroker have announced sponsorship as a co-major partner of the Greater Western Sydney Giants for the next 3 years. - November 25, 2011
• Online Auto Insurance: Recent Court Decision Clears Up a Grey Area in Calif. Cell-Phone Ban
  The case centered on what is meant by "driving" in "texting while driving" - November 23, 2011
• Risk Averse Australians Fuel Potential Boom in New Insurance Premiums: Lifebroker
  The cost of life insurance is much cheaper than the average Australian thinks it is. That's according to a new report released by Swiss Re, which has conducted a comprehensive survey of consumer attitudes. - November 23, 2011
• AAMI fans offered chance to be in new 'Rhonda' commercial
  AAMI is offering followers the chance to be in a version of the company's successful Safe Driver Rewards TV commercial, featuring 'Rhonda'. - November 21, 2011
• Apia wins Best General Insurer of the year
  Apia has been awarded the Financial Review's Smart Investor League of Exceptional Service (SMILES) Award for 2011/12 Best General Insurer. - November 21, 2011
• Online Auto Insurance: New Penn. Law Should Serve as Wake-Up Call to Motorists
  Though violation of the states new texting-while-driving ban won't likely affect premiums, getting into an expensive crash because of driver distraction will. - November 14, 2011
• Online Auto Insurance: New Okla. Law Should Help Deter Drunken Driving
  A new Oklahoma law will leave some convicted of drunken driving with ignition interlock devices - November 09, 2011
• Lifebroker: Life Insurance Market Booming in Australia
  According to a report released by Plan for Life, the insurance industry has grown over 10% in the last year. Leading companies include TAL, Zurich, and the AIA group, all of which posted double-digit gains overall. - November 04, 2011
• Innovative mobile applications will drive insurance industry quoting behavior in 2012, according to a new white paper.
  As insurance companies plan mobile strategies for 2012 they face a crowded marketplace with increasingly competitive national players. It's a battle for the hearts and minds of smartphone users, and the stakes are high. - November 03, 2011
• Online Auto Insurance: W.Va. Report Highlights Value of Comprehensive Coverage
  Insurers in the state paid out more than $52 million for vehicle-deer crashes last year, which are only covered by policies with comprehensive coverage - November 01, 2011
• Lifebroker: Tower Rebrands to TAL Life Insurance
  Lifebroker is excited to announce that we will be offering TAL's rebranded suite of insurance products. - October 26, 2011
• Success in Healthcare Insurance market gains Neocol record sales in North America
  The Obama Healthcare reforms drive CFO's to implement business process and cost saving initiatives. - October 24, 2011
• Older Aussies $130k Short on Insurance
  Australians are sleep walking in to a financial nightmare, with older owner-occupiers under-insuring their homes. - October 20, 2011
• Finding Group Health Insurance in Houston, TX Just Got Easier
  The Freeman Agency, an award-winning Houston group insurance broker, announces that it is working with Market Shares Solutions to develop new marketing initiatives. - October 12, 2011
• Insure4USA.com Publishes Money-Saving Guide on Motorcycle Insurance
  Insure4USA.com, recently released a money-saving guide for motorcycle owners aimed at helping them save on escalating insurance costs. - October 07, 2011
• One in ten New South Wales drivers has the need for speed these holidays
  Research from leading Australian insurer GIO has found an alarming one in ten drivers are speeding along NSW roads to reach holiday destinations sooner. - September 26, 2011
• OAI: Pedestrian-Recognition Research Could Have Auto Insurance Implications
  A research initiative by Toyota aims to help develop technology which could help reduce insurance claims related to pedestrian-related crashes. - September 22, 2011
• OAI: Auto Insurance Co.'s Business-Model Change Underscores Minimum Coverage Issue
  Drivers need to weigh whether they need to get covered beyond the minimum limits. - September 21, 2011
• Half of Aussie renters give up on dreams of owning a home
  Half of renters living in our capital cities think the Aussie dream of home ownership is something they'll never be able to afford. - September 15, 2011
• Edmonton Insurance Broker Drayden Insurance Launches New Website
  Edmonton Insurance Broker, Drayden Insurance Ltd., has revamped their website and enhanced their customer experience with a new search function to navigate and locate information on home and auto insurance. The online quoting system is another popular feature for multiple quotes in minutes on car insurance and other personal property insurance. - September 15, 2011
• Woolworths Announces Flexible Life Insurance Plans - Lifebroker
  Woolworths has recently announced its plans to sell life insurance through its extensive network of grocery stores. According to research performed by the company, roughly 95% of Australians lack sufficient insurance coverage. - September 07, 2011
• Heater Use Sparks Winter Fire Safety Warning
  Only half of NSW homes bother with pre-winter heater maintenance. - September 05, 2011
• OAI: Ariz. Auto Insurance Policyholders May Benefit from Lower Crash Rate
  The total annual economic cost of auto accidents fell by more than 3 percent between 2009 and 2010 and by about 3.5 percent between 2008 and 2009. - September 02, 2011
• Getting Back to Basics – a Must-Have for Safer Queensland Roads
  New research commissioned by Suncorp Insurance through Newspoll has shown that despite the high incidence of young driver accidents in Queensland, a large proportion of more experienced motorists are neglecting to follow basic road rules. - August 30, 2011
• Half of motorists cutting back to pay spiralling car costs
  Given our research found the average cost of running a car is $5,556 per year, it's easy to see why people are already cutting back so they can stay on the road. - August 30, 2011
• OAI: Auto Insurance Case Underscores Need to Understand Policy Terms
  The case centered on who should be excluded from collecting bodily injury damages after a particular accident. - August 29, 2011
• Lifebroker: Tower Australia Teams Up With Virgin
  Iconic powerhouse Virgin have teamed up with trusted insurer Tower Australia to add yet another element to their impressive financial portfolio; Virgin Life Insurance. - August 23, 2011
• Lifebroker Asks - What Are My Chances of Suffering Critical Illness?
  The likelihood of us as Australians suffering from a critical illness is shockingly high. Looking into specific illness's that predominantly affect Australians, there are some surprising statistics. - August 11, 2011
• Lifebroker Asks - How long could you last without a job?
  Have you ever stopped and thought how long you and your family could survive without your income? - August 01, 2011
• OAIN: Free Auto Insurance Deal Has Regulators' OK
  Independent insurance agents associations have criticized a new free insurance deal from MetLife and GM, but regulators say the deal's legal. - July 22, 2011
• Lifebroker Believes that Cancer Insurance Is Worth Thinking About
  Lifebroker is Australia's leading specialist life insurance broker by helping people find the best cover that's right for them and there's no denying the impact cancer is having on the modern world. You would be hard pressed to find someone who hasn't had at least one family member, neighbour, or friend suffer from the disease. - July 18, 2011
• Auto Insurance Org. Releases Cities and States with Worst Towing Practices
  Car insurance companies said Chicago, Philadelphia and New York City are home to some of the most aggressive tow truck operators. - July 07, 2011
• Engage Mutual Discover Many Are Fit at Fifty
  A surprising number of over fifties feel fitter and healthier than when they were in their early adulthood. In a study of 1,500 over fifties, 17 per cent stated that when it comes to health and fitness, they feel better than they did in their twenties. - June 25, 2011
• OAI Discusses Whether Car Color Affects Insurance Costs
  An OnlineAutoInsurance.com FAQ goes into whether car color can affect how much you pay for coverage. - June 24, 2011
• Life Insurance with iQuote from Life Broker
  One of Australia's leading insurance brokers, Lifebroker, has launched their new online comparison engine, iQuote, making the hassle of life insurance a thing of the past. - May 20, 2011