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Senate inquiry testimony reveals climate change sending insurance premiums up Evidence of families waiting years for insurance payouts following extreme weather “You can’t put a fire out by pouring petrol on it”: We need deep emissions reduction this decade to protect Australian families It’s official: climate change and the extreme weather it brings are … Continued
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Monday 30 September 2024 GMHBA has claimed the Canstar Outstanding Value Award – Hospital Cover (VIC) in the annual Canstar Health Insurance Awards for the third consecutive year. The awards are based on Canstar’s Star Ratings and recognise the insurers found to offer outstanding value to consumers. Canstar compared 32 different private health insurers … Continued
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The Insurance Brokers Code Compliance Committee (IBCCC) has called for significant improvements in disclosure and communication practices among brokers, following concerning findings in its latest data report. The IBCCC’s report highlights a significant increase in breaches related to remuneration disclosures, with 106 breaches reported in the latest period compared to just 23 in the previous … Continued
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THURSDAY, 19 SEPTEMBER 2024: HCF, Australia’s largest not-for-profit health fund, is today launching Hospital Basic Plus, an affordable hospital cover tailored for healthy young adults. The launch comes as new research1 reveals around two in five (41%) Australians aged 25 to 39 years old remain uninsured, despite their widespread concern over unexpected medical expenses. The nationwide … Continued
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A “loyalty tax” appears to be alive and well in the life insurance industry in Australia, with those who stay loyal to their insurer likely to be paying higher premiums than new customers. Analysis by Insurance Watch indicates that price is the top concern of life insurance policyholders, with feedback on premiums featuring in … Continued
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PARIS and LONDON and NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) — Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm … Continued
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Doctors are warning Australians not to ignore hay fever symptoms as the allergy season arrives this year. Bupa Clinical Director Dr Tony MacDermott said the caution was most important for asthmatics, as most people with asthma were also susceptible to hay fever. Hay fever affects about 1 in 5 Australians, which can be … Continued
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MONDAY, 16 SEPTEMBER 2024: HCF, Australia’s largest not-for-profit health fund, has once again proven its leadership in delivering value for its members, winning Canstar’s prestigious Outstanding Value – Health Insurance Australia award for the ninth consecutive year. HCF has won more National and State Canstar awards than any other health fund. This year’s state-based accolades … Continued
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Following the recommendations of a report led by Monash University’s Dr Jane Tiller and Professor Paul Lacaze, the Australian Government has today announced that it will legislate to completely ban the use of genetic test results in life insurance underwriting. Consistent with the recommendations, the Government has announced that the Australian ban will not be … Continued
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WEDNESDAY, 11 SEPTEMBER 2024: HCF, Australia’s largest not-for-profit health fund, is proud to announce our outstanding performance in the 2024 Finder Customer Satisfaction Awards, where we’ve been recognised as a leader in value and trust among both health and life insurance providers. HCF received first place in the highly regarded “Top Value” health insurance category. … Continued
