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COMMINSURE

Superannuation

CommInsure has announced the launch of a new income protection platinum product along with changes to its total and permanent disablement and trauma cover offerings....

Life/Risk

CommInsure has upgraded its underwriting offer with a tele-interview service to improve adviser productivity....

Life/Risk

CommInsure has told a Parliamentary Committee it has a clean bill of health with respect to allegations over missing or altered documents within its Medical Officers Refe...

Life/Risk

CommInsure will extend its heart attack definitions to include customer claims from October 2012, following ASIC’s report....

Life/Risk

ASIC has called for various improvements in CommInsure’s claims handling process in its report on its investigation into the firm....

Life/Risk

ASIC has examined 60,000 documents as part of its CommInsure investigation and will deliver its findings by the end of the month....

Financial planning

Commonwealth Bank chief executive, Ian Narev, has defended the validity and independence of Deloitte’s review of claims-handling within CommInsure....

Policy & Regulation

CommInsure has issued a statement that rebuffs criticisms levelled against it by law firm, Maurice Blackburn on the scope of a Deloitte independent report into its claims...

Life/Risk

Maurice Blackburn has attacked CommInsure over its claims handling report, saying the types of claims selected for review were selective....

Policy & Regulation

An independent Deloitte report has cleared CommInsure of systemic issues over its claims handling process but found poor customer experiences....

Life/Risk

CommInsure has received positive feedback from the launch of a tele claims service and updates to its product offerings....

Life/Risk

Independent reviews of retail advice and group in life insurance claims at CommInsure did not find inappropriate decline of claims, the Commonwealth Bank said....

Life/Risk

APRA is considering whether the whistleblowing provisions of the Life Insurance Act were adhered to in the CommInsure claims handling controversy....

Financial planning

The FSC’s new Life Insurance Code of Practice faced a delay of three months from its 1 July deadline after it identified areas requiring improvement following industry co...

Life/Risk

CommInsure has appointed Deloitte to review past life insurance declined claims, while DLA Piper will examine ethical issues and policy definitions, medical file and reco...

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