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News
The uninsurable coastline: Australia’s growing coverage gap
3+ day, 18+ hour ago (765+ words) Read together, the two reports describe a protection gap that is already widening and will accelerate as sea levels rise. Read next: Insurers must brace for US$171 billion in annual cat losses, study finds Residential property insurance in Australia explicitly…...
Farmers targeted by growing wave of insurance scams - FarmingUK News
3+ day, 22+ hour ago (665+ words) Cases of identity theft linked to insurance fraud have nearly doubled in two years, prompting a warning to farmers and rural businesses over increasingly sophisticated scams. NFU Mutual and the Insurance Fraud Bureau are urging countryside communities to be alert…...
A multi-unit building breaks every rule of home insurance, Aon broker says
2+ week, 5+ day ago (515+ words) Insuring a multi-unit residential building has almost nothing in common with insuring a single-family home beyond the fact that both involve a roof and walls, according to Peter Kennedy, managing director at Aon, who said the differences start with sheer…...
Five heatwaves, flash floods, and a 3.9% rise in rebuild costs - the case for reviewing sums insured
3+ week, 3+ day ago (472+ words) Insurance Business Five heatwaves, flash floods, and a 3.9% rise in rebuild costs - the case for reviewing sums insured Seven in 10 flood claims are now surface water events. Rebuild costs rose 3.9% to July 2026. A sum insured set two years ago may…...