News Archive

2008

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2004

Car Insurance Company News

Insurer Abandons Car Swindle Victim

Tuesday September 9, 2008
A WOLLONGONG car seller duped by a cunning conman has been dealt another blow, this time by his insurance company.

Premium Rises Just The Start In Rebuilding

Saturday August 23, 2008
A SERIES of rises in household and car insurance premiums should help restore profit growth at the battered Insurance Australia Group - but the full benefits are unlikely to flow through until well into next year and beyond, IAG's chief executive, Mike Wilkins said yesterday.

Musings

Saturday May 3, 2008
WHAT IS THE MONETARY value of mature trees? According to my insurance company, absolutely nothing.

Insurance Company An Unsure Bet

Sunday November 18, 2007
Is bad luck or poor decisions to blame for IAG's woes? David Potts ponders its fortunes.

Weathering Insurance

Wednesday June 13, 2007
HERE'S a tip for lodging an insurance claim associated with the weekend's storm: don't mention the word flood.

Promina Execs Prominent In Shake-up

Friday March 30, 2007
SUNCORP chief executive John Mulcahy has responded to critics of the group's recently-completed $7.9 billion merger with Promina by appointing three of the insurance company's top executives to senior management roles in the new organisation.

$9m To Man Who Let Teen Drive Car

Thursday July 6, 2006
THE teenager did not have a learner's permit, let alone a licence, but despite this a judge has awarded the man who allowed him to take the wheel $9.5 million after the car overturned on an outback road, leaving the man a quadriplegic.

Car Rolls Into River

Friday June 30, 2006
A MAN walking his dog under Hexham Bridge yesterday watched in disbelief as his car rolled into the Hunter River and sank to the bottom.

Sound And Security For Cars

Saturday April 22, 2006
WANT a rebate on your car insurance? One easy way is to fit an approved security device such as an immobiliser or alarm to your vehicle.

Luxury Lexus Tops Insurer's Road Crash List

Sunday April 16, 2006
THE luxury four-wheel-drive Lexus RX330 has been involved in more accidents in Australia than any other car in the past year, data from a leading insurance company reveals.

Now The Number's Up

Wednesday March 15, 2006
IN the old days we'd make our way into town and go directly to the government department, bank or insurance company office, fill out a form at a desk along a wall, stand in a queue for perhaps 10 minutes, hand the forms over the counter, ask a few questions, pay our money and, after a flurry of stamping, leave with papers in hand.

The Give And Take Of Customer Abuse

Monday March 6, 2006
TIM works for a life insurance company "whose levels of service have plenty of room for improvement". One customer called recently to query a letter sent to his father, says Tim. The letter said: "Your direct debit has been dishonoured; the reason given by your financial institution is 'client deceased'." The son had actually claimed on his dead father's policy six weeks before the letter arrived.

Ensuring Insurance Travels The Distance

Sunday June 5, 2005
Renee Barnes unveils how to find the best and cheapest travel insurance.

South Melbourne The State's Car Theft Capital

Tuesday May 3, 2005
THE pubs may be great, the market bustling and the beach just a stroll away, but South Melbourne is Victoria's car theft capital, according to the annual Car Security Index, published today by insurance company AAMI.

The Deadly Effect Of Overprotection

Sunday February 6, 2005
FROM the US comes a new piece of research that confirms some very old wisdom. Economists from Harvard and Columbia universities have discovered that drivers with third-party, "no fault" car insurance tend to be more reckless than uninsured drivers.

Driver's Story Of Stolen Car Backfires

Tuesday December 21, 2004
A MAN sought an insurance payout after crashing his car by saying that the damage was done while the vehicle was stolen, Newcastle Court was told yesterday.

She's Absolutely Steaming Over A Prang She Never Had

Thursday December 2, 2004
A WOODBERRY woman is angry that police gave incorrect information to an insurance company that led to her being accused of a driving offence she did not commit.

Clean Up, Car Repair Firms Told

Sunday November 21, 2004
INSURANCE companies and smash repairers have been told to scrap a widely used "funny money" scheme and warned that if the industry cannot agree on a voluntary code of conduct a mandatory system would be imposed.

Most Think It's Ok To Inflate Insurance Claims

Thursday November 18, 2004
Almost everyone has thought about fudging their insurance claim. Why not? It is so easy.

Insurance Of A Different Kind

Saturday August 28, 2004
Michael Hawker's IAG is finding its wealth of insurance claims data has many uses, writes Jonathan Pearlman.