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Thursday, November 5, 2026
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Australia: finance industry complaints hit record high, driven by insurance claim delays
July 28 2023
AFCA recorded 97,000 complaints in 2022-23, with a 76% increase in insurance claim issues and a 50% surge in P&C insurance complaints.
Major Japanese insurers in the spotlight as Bigmotor fraud scandal scruitinsed further
July 27 2023
Bigmotor submitted thousands of false insurance claims; enquiries are being made whether there’s more insurers should have done.
Australian regulator finalises new prudential standard to strengthen op risk safety net
July 17 2023
CPS 230 applies to insurers, banks, and supers and APRA confirmed it's set to be operational from July 1st, 2025.
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