Changes on the Way With the recent election of the Labor government in Queensland, the repeal of the impairment threshold for access to common law claims arising out of workplace injuries seems imminent. Changes to the WorkCover scheme, introduced in October 2013, meant that workers assessed with … [Read more...] about Workers Comp in QLD
MANY property owners might see their property insurance premiums drop next year after a meeting between the Central Highlands Regional Council and the Insurance Council of Australia recently.A report on the progress of the Emerald Flood Protection Scheme was presented by a representative … [Read more...] about Central Highlands property owners should see insurance drops
Those heading overseas during the upcoming school holidays could be buying travel insurance they do not need.Many credit cards come with travel insurance, often not just covering the card-holder but also the spouse and up to two children, provided they are still students.Online comparator Mozo … [Read more...] about Credit card travel insurance under the spotlight
The Federal Government has quietly deferred a controversial plan to encourage greater use of unauthorised foreign insurers. Brokers had raised serious concerns about an Abbott Government initiative to attempt to lower insurance premiums in disaster-prone North Queensland by fostering greater UFI … [Read more...] about UFI changes postponed
The cost of cyber crime on global business could reach as much as $2.1 trillion by 2019, according to recent research.Market analysts, Juniper Research, have compiled a report entitled The future of Cybercrime & security: Financial and Corporate Threats & Mitigation which outlines the … [Read more...] about Cost of cyber crime to sky-rocket
The Australia Taxi Industry Association (ATIA) has warned drivers and passengers that using ride-sharing service Uber could present major insurance gaps.Using UberX, which allows car-owners to pick up passengers and transport them for a fee in their own vehicles, could lead to gaps in insurance … [Read more...] about Industry council warns of insurance coverage threat
For decades, the employment section of the newspaper was traditionally the way job seekers got connected with employers…but that doesn’t work anymore! Job seekers, especially young ones, just don’t bother looking there. The job-hunting space has been taken over by web-based employment agencies such … [Read more...] about How do you find good staff?
As a result of the Lindt café hostage siege in Sydney that ended in tragic circumstances, the Federal Government has now determined the actions of the gunman was a terrorist act.This declaration was a key point for the insurance industry as the Terrorism Insurance Scheme that was created following … [Read more...] about The cost of Terrorism