1+ week, 6+ day ago   (317+ words) Rebuilding homes hit by natural disasters is diverting money, materials and workers away from the ever-important task of solving the housing crisis. A new insurance catastrophe resilience report from Insurance Council of Australia revealed the cost of rebuilding is now…...

2+ week, 3+ hour 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…...

2+ week, 8+ hour 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, 5+ day ago   (482+ words) Homeowners are being urged to check that their insurance covers damage caused by extreme weather. Cumberland Building Society has issued the warning following this summer's heatwaves, highlighting concerns about underinsurance in the face of a changing climate. New research from…...

2+ week, 6+ day ago   (591+ words) The share of seriously underwater homes is up half a percentage point from last year, and in states such as Minnesota, South Dakota, Iowa, Michigan, and the District of Columbia, it's risen dramatically. That's according to the latest report from…...

3+ week, 5+ day ago   (37+ words) I got a call once from a woman who was proud of herself. Genuinely proud, the kind of proud that comes through in someone’s voice before they even say the …...

4+ week, 22+ hour ago   (83+ words) AFR Investors quitting Sydney and Melbourne drove the average loan size to record values in Western Australia, Queensland and South Australia in June as they chased higher capital growth than they could get in their home states. While the pick-up…...