Investment Savings and Insurance Association frontman Vance Arkinstall has resigned as he faces charges for his part in allegedly misleading investors in a failed finance firm.

Churn, in the insurance business, occurs when advisers switch their clients to different providers merely to generate a new lump of commission.

The head of a major financial industry body facing criminal charges for his part in allegedly misleading investors in a failed finance company may lose his position.

Plans to end ACC's workplace monopoly have received the ringing endorsement of small and medium-sized businesses (SMEs).

Motorists are paying more than $60 extra on their insurance premiums each year to cover stolen car claims.

NZ travellers may find themselves out of pocket if ash from the Icelandic volcano causes authorities to close airspace again.

Claims from travelers disrupted by the Iceland volcano have topped half a million dollars, one of NZ's leading travel insurance companies says.

Sovereign says it plans to mitigate impending tax increases by shaving as much as 15 per cent from the commissions received by advisers.

Male motorists take more risks than women at drink-driving and speeding, an AA Insurance survey has found.

Homeowners looking to rent their properties out for the Rugby World Cup have been warned to let their insurance company know - or risk being hit with the bill if damage is done.

Privatisation should only be allowed if there is evidence it will improve the system, former ACC chairman Ross Wilson says.