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Showing 1131 - 1140 of 2426 results for "Claims"

APRA marks New Year priorities

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2016
... frameworks, processes and resources that support these activities." The regulator said it is still continuing to consider the claims handling issues associated with CommInsure, and a further cross-industry thematic review regarding the sustainability ...

Zurich appoints former Lazard CEO in super role

ALEX BURKE  |  TUESDAY, 1 NOV 2016
... Curwoods Lawyers. Hall added: "I'd like to acknowledge Catherine's time on our board, in particular her work overseeing the claims committee, as well as the audit and compliance of the board."

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... that IOOF had inappropriately handled allegations of corporate misconduct within the firm's research division, including claims of insider trading and misrepresentation of performance - information obtained via a whistle-blower. On Friday the Victorian ...

AMP implements significant insurance changes

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... retail income protection experience losses of $18 million, retail lump sum experience losses of $8 million, group insurance claims experience losses of $12 million and lapse experience losses of $6 million. AMP chief executive Craig Meller said: "We've ...

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
... highlighted in ASIC's industry review came from his company. Last week, ASIC came out with its review of life insurance claims, finding "considerable variation" in denied claims across life insurers. The regulator did not identify the companies responsible ...

Fix super for indigenous Australians: KPMG

MARK SMITH  |  FRIDAY, 14 OCT 2016
... improvements should also be made to cultural awareness for dealing with indigenous Australian members making insurance claims. "We believe there's great potential for Indigenous Australia to participate in economic growth, and that it is economic participation ...

ASIC finds life claim rates wildly inconsistent

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
ASIC has found a "considerable variation" in denied claims across life insurers, with TPD denial rates as high as 37% in one instance. The regulator has issued its industry review of life insurance claims, and found that while the majority (90%) of ...

Buffett fires back at Trump tax claims

MARK SMITH  |  WEDNESDAY, 12 OCT 2016
Billionaire investor Warren Buffett has hit back at Donald Trump's criticism of his tax affairs in the latest presidential debate by publishing tax returns showing he's never used the tax deduction exploited by the Republican nominee. During the debate ...

CommInsure continues to be investigated

DARREN SNYDER  |  WEDNESDAY, 12 OCT 2016
... Complaints Tribunal in relation to CommInsure matters. The update of sorts comes as ASIC releases its new report, Life insurance claims: An industry review. The report identifies a number of areas as potential opportunities for law reform in relation ...

New life code could go further: lawyer

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
... likely be able to avoid the time limits in most cases. "People making total and permanent disability and income protection claims are very unlikely to be working and many of them will have no income. Delaying their claims can lead to severe financial ...