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Showing 11 - 20 of 113 results for "Code of Practice"

Life industry to launch framework

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
... "This Professional Standards Framework sits alongside the industry commitments set out in the Life Insurance Code of Practice, which together, put in place important long-term commitments by the life insurance industry to delivering for our customers ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
... Australian lobby group consisting of Google, Facebook, Twitter and others. "DIGI has watered down the failed EU Code of Practice on Disinformation and is trying pass it off as a tough stance to what they hope is a gullible Australian audience," Reset ...

Underinsurance gap worsens: Research

KARREN VERGARA  |  FRIDAY, 20 NOV 2020
... circumstances have contributed to more Australians being underinsured. This includes the Insurance in Super Voluntary Code of Practice, Life Insurance Framework reforms, Protecting Your Super (PYS)/ Putting Members' Interests First (PMIF) legislation ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
... power to approve and revoke voluntary codes of conduct. This includes certain provisions in the Life Insurance Code of Practice and the Insurance in Superannuation Voluntary Code. It is recommended that they are made enforceable by 30 June 2021. Any ...

QInsure ramps up claims technology

KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... functionalities included calculating payments automatically. Another is the Financial Services Council's Code of Practice functionality that helps case managers deliver on the insurance promise and meet regulatory obligations. QInsure chief executive ...

MS sufferer fights CommInsure definition

ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... definitions ahead of each PDS update - this is more frequent than the 3-year requirement set out by the Life Insurance Code of Practice. At Integrity, when we update a definition and the update is more favourable to policy holders, we automatically upgrade ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... rehabilitation and treatment." She added that there are still insurers that do not comply with the FSC Life Insurance Code of Practice. "These are often people who have been paying premiums for years and they are entitled to receive their benefits when ...

Life insurers disregard code of practice

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... Compliance Committee has said that life insurers appear not to be taking their obligations under the Life Insurance Code of Practice seriously. The code came into effect in 2017, with the independent committee now publishing its second annual report ...

Former CBA executive nabs industry body lead role

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... tackling the challenges of climate change and important regulatory changes, while also transitioning to the new Code of Practice, which must meet and exceed community expectations. "I am delighted to join the ICA which has a strong reputation for staunch ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... consumer credit insurance, worked with industry to incorporate a four-day deferred sales period into the Banking Code of Practice and the General Insurance Code of Practice, and set out guidance for all lenders who sell consumer credit insurance.