SYDNEY, Australia, Nov. 14-- The Insurance Council of Australia issued the following news release: An Independent Review of the 2020 General Insurance Code of Practice will be undertaken by an eminent ...

The principal role of the General Insurance industry's Code of Practice is to continuously improve service standards and customer outcomes, meeting the changing requirements and expectations of the ...

The Australian Consumers Insurance Lobby (ACIL) has reiterated concerns about the limits of self-regulation in insurance ...

Insurers will now face a potential $100,000 penalty for breaches of the long awaited General Insurance Code of Practice. The launch of the new code has been welcomed by consumer advocates, but some ...

SYDNEY (Reuters) - A government-ordered inquiry into Australia's financial sector questioned on Wednesday whether the insurance industry's system of self-regulation should be overhauled amid evidence ...

For the 2025 reporting cycle, code subscribers are required to submit an ACS supported by specific compliance data. Brokers ...

The life insurance code of practice needs to have bite and substance if it is to succeed, the Australian Securities and Investment Commission’s (ASIC) deputy chair believes. Speaking at a panel at the ...

Life insurer AIA Australia has welcomed the commencement of the Financial Services Council’s (FSC’s) Life Insurance Code of Practice as of 1 July 2017. AIA Australia and New Zealand chief executive, ...