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Showing 11 - 20 of 2414 results for "Claims"

Income support system cannot handle claims surge: CALI

VINNY VUCAGO  |  WEDNESDAY, 6 MAY 2026
... Mental ill health is a key driver of the increase. It accounts for roughly one in three total and permanent disability claims and one in five income protection claims, placing sustained pressure on insurers and government programs. CALI chief executive ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
... $3.40 to $6.37 per week for default Income Protection cover. Cbus said in the past two years there has been a 50% rise in claims, driven mainly by growth in musculoskeletal, injury and mental health claims. A Cbus spokesperson told Financial Standard ...

NEOS, TAL honoured at Life Insurance Awards

STAFF WRITER  |  FRIDAY, 1 MAY 2026
... across various service parameters that can critically affect their business. This includes underwriting and new business, claims service and business support. It's the second year running that NEOS has taken home the honour. NEOS chief executive John ...

TPD and disability claims behind 88% of life insurance disputes

RIDDHIMA TALWANI  |  THURSDAY, 30 APR 2026
The latest data by APRA found life insurance claims for regulated funds came to 117,219 for the 12 months ending December 2025, down 1.2% from 118,605 in the previous year. Together disability income insurance (DII) and total and permanent disablement ...

Cbus calls for mandatory insurance warnings

ELIZA BAVIN  |  TUESDAY, 28 APR 2026
... these risks so they can make an informed decision." Cbus said workers under 30 years of age represent close to a third of claims paid by the fund under its DOE. However, the fund added critical information about insurance cover often isn't provided ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
... notices to the four finfluencers relate to the suspected provision of unlicensed financial advice, including promoting claims of guaranteed returns, which may also be misleading or deceptive. ASIC's action formed part of the second Global Week of Action ...

Government aims to 're-make' NDIS, redirect funding to aged care

MATTHEW WAI  |  THURSDAY, 23 APR 2026
... leaving the NDIS as the only port in a storm for many Australians." Butler will also reassess the management of payments and claims, where currently the scheme has "visibility" of evidence for 90% of claims that are made by plan managers or providers. ...

Strengthen Life Code for mental health crisis, claims handling: Review

KARREN VERGARA  |  MONDAY, 13 APR 2026
... should be strengthened to reflect the growing mental health crisis, better support vulnerable customers and improve the claims-handling process. These are the key themes that emerged in the newly published Life Insurance Code of Practice independent ...

ASIC concerns over Interprac sale 'unfounded': Sequoia

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
... understanding that all information discussed was under embargo until an official statement was released by the company. Sequoia claims that announcement was sent to the ASX on the Friday afternoon but was not published by the bourse until the morning ...

Super Consumers Australia raises concerns over Treasury reforms

RIDDHIMA TALWANI  |  THURSDAY, 9 APR 2026
... they help support it and make it fairer and more sustainable. Currently, SMC said SMSFs account for about 80% of existing claims on the CSLR scheme relating to advice in that sector. The Association of Superannuation Funds of Australia (ASFA) said the ...