If you are concerned that this recall may effect you, please check here for additional information. The Australian Competition and Consumer Commission is urgently seeking information from the Department of Infrastructure and Regional Development (DIRD) and car manufacturers regarding Takata airbags at the centre of the largest vehicle recall in history. Since 2009, more than […]
‘ADD ON’ INSURANCE DOMINATES CONSUMER COMPLAINTS
… and it’s no surprise. Transparency in insurance add-ons is often difficult to find. What are you paying for, does it actually add any benefit to your policy, and are you covered for what you need to be covered for? Using a broker circumvents these issues – we can discuss your needs with you and […]
PERTH MAN ALLEGEDLY FAKES CAR-JACKING ORDEAL FOR INSURANCE P...
A Perth man has been charged with creating false belief and attempt to gain benefit by fraud, for allegedly fabricating a two-hour car-jacking incident for insurance payout. The 28-year-old told detectives that two men got in on his Ford Falcon on Howe Street in Osborne Park on Feb. 7, forced him to drive for roughly […]
PLASTIC PUMPKIN FOILS FRAUDSTER
A tram driver in the US has been indicted on charges that he hired a man dressed in a Halloween costume to attack him at work in a bid to fraudulently claim workers’ compensation insurance. Thomas Lucey has been indicted on two counts of insurance fraud and single counts of workers’ compensation fraud, misleading police […]
NOSE INSURANCE? LLOYD’S ON WEIRD AND WONDERFUL INSURANCE CL
Lloyd’s has a reputation for insuring the “weird and wonderful”, but not everything makes insurance sense. Insurance Business spoke to Heather Ciavarella, senior business development manager at Lloyd’s Canada, about some of the stranger calls the company has received for insurance placements. “I did have a call from somebody who wanted to insure his beard, […]
UNINSURED DRIVER LOSES CAR, CASH IN MOTORWAY SMASH
Drivers in Illinois got more than they bargained for when a multiple vehicle crash saw thousands of dollars of cash spill on to the freeway. An uninsured driver lost control of their car for unknown reasons, hit a guardrail and spun out of control, hitting another car with a flatbed trailer near Champaign, Illinois last […]
INSURER ASKS: IS VALENTINE’S DAY OUTDATED?
Many Australian couples may not be as lovey-dovey this Valentine’s Day, with 45% of couples planning to give the romantic holiday the cold shoulder, according to a new Suncorp research. The study, which polled 1,000 Australians aged 16-64 from around the country, found that while romance remains a key driver for many couples, with 31% […]
INSURER REVEALS STARTLING HOLIDAY HOME CLAIMS
New claims research from IAG has found that one in six tenants of holiday rental properties had accidentally broken or damaged property while on holiday. The research found that one in seven had been injured in a home they were staying in, while one in five had held a party or been invited to a […]
“I JUST FELT RIPPED OFF” – CONSUMER RAGE AT JUNK INSURANCE
Arranging motor insurance can be a minefield, especially amidst sales tactics. Insurance Brokers are professionals trained to focus on genuine coverage at affordable prices – not cheap sales gimmicks. Please contact us if you have any insurance requirements or concerns. Sitting in the caryard with his pregnant wife Ryan Broom felt keen pressure to […]
BUFFETT BACKS “BAD END” FOR BITCOIN
Warren Buffett has said that he would never invest in cryptocurrencies such as Bitcoin despite their recent popularity. Bitcoin hit record prices last month of close to $25,000 but prices have since fallen by 25%, as cryptocurrencies continue on a roller-coaster ride. The Oracle of Omaha said, in a recent interview with CNBC, that he […]
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