5+ day, 11+ hour ago   (449+ words) A related and thornier issue, Rosenbaum said, is what happens once an expert's report is actually finished. Insurers rely on those reports to determine a coverage position, but clients are typically shown only the portions the insurer chooses to share,…...

1+ week, 6+ day ago   (1691+ words) Cash settlements have become a popular tool for insurers when dealing with home building insurance claims. About two thirds of home building insurance claims in Australia now include a cash component. Consumers can be attracted to the speed of cash…...

1+ week, 6+ day ago   (675+ words) Home insurers may be leaving Australians exposed to higher repair costs by using cash settlements in a significant percentage of claims, an ASIC review has found. ASIC Commissioner Alan Kirkland said insurers who offer cash settlements need to be vigilant…...

2+ week, 2+ hour ago   (773+ words) August 31, 2026 — 5:00am Australia’s financial watchdog says insurance companies are increasingly settling claims on home damage with cash payouts that are sometimes so low they won’t fund the repairs disaster-stricken customers need. A review of home insurance by the Australian Securities and…...

2+ week, 2+ hour ago   (1117+ words) The cash settlement Julia Hirning was offered by her insurer will not cover the scope of works, forcing her to now sell her home. (ABC News: Baz Ruddick) Australia's corporate watchdog is sounding the alarm over insurers' use of cash…...