The Latest Breaking News from Insurance

New applications for U.S. unemployment insurance benefits fell 3,000 for the week ending January 28 to a seasonally adjusted 183,000. The previous week’s figure was unrevised at 186,000. The four-week moving average as of January 28 fell to 191,750 from an unrevised 197,500 as of the week ending January 21.

Insurance and banking group Suncorp announced bumper dividends for investors, posting large earnings in the face of increased claim costs caused by La Nina.

People thinking of defrauding the National Disability Insurance Scheme have been put on notice with the government keen on a "clean up" following allegations.

A range of factors are leading to increased premiums across flood-affected areas, as insurers attempt to offset $5 billion in losses from the 2022 east-coast flood disaster and mitigate future disaster risk.