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    Insurance News

    South Australia Implements Heavy Vehicle Reforms to Address Fuel Crisis
    South Australia Implements Heavy Vehicle Reforms to Address Fuel Crisis
    16 May 2026: Paige Estritori
    In response to escalating fuel prices, the South Australian government has expedited reforms to heavy vehicle regulations, now permitting longer and heavier trucks on the state's roads. This initiative aims to alleviate the financial strain on the trucking industry by enhancing fuel efficiency and reducing operational costs. - read more
    Australian Truck Sales Experience Sharp Decline in April 2026
    Australian Truck Sales Experience Sharp Decline in April 2026
    16 May 2026: Paige Estritori
    The Australian truck market has encountered a significant downturn, with April 2026 recording a 16% year-on-year decrease in new truck and van deliveries. This marks the steepest monthly decline this year, reflecting the broader economic challenges facing the transport sector. - read more
    ACCC Deepens Investigation into IAG's Proposed RAC Insurance Acquisition
    ACCC Deepens Investigation into IAG's Proposed RAC Insurance Acquisition
    16 May 2026: Paige Estritori
    The Australian Competition and Consumer Commission (ACCC) has escalated its examination of Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance, moving the process into a Phase 2 review. This decision underscores the regulator's concerns about the potential for reduced competition within Western Australia's insurance market. - read more
    Australian Insurers Achieve $6.1 Billion Profit Amid Rising Premiums
    Australian Insurers Achieve $6.1 Billion Profit Amid Rising Premiums
    16 May 2026: Paige Estritori
    Australia's insurance industry has reported a significant after-tax profit of $6.1 billion for the year 2024, marking a substantial increase compared to previous years. This surge in profitability is attributed to a combination of premium hikes and a year characterized by fewer severe weather events. - read more
    Unprecedented Spike in Mental Health Insurance Claims Highlights Need for Prompt Payouts
    Unprecedented Spike in Mental Health Insurance Claims Highlights Need for Prompt Payouts
    16 May 2026: Paige Estritori
    Australia is witnessing an unprecedented increase in mental health-related insurance claims, prompting consumer advocates to urge insurers and superannuation funds to expedite payouts to affected individuals. - read more
    Commercial Property Insurance Articles

    Is Commercial Property Insurance mandatory?
    Is Commercial Property Insurance mandatory?
    Commercial property insurance is a type of coverage that protects businesses and their assets from various risks. This insurance safeguards physical properties, including buildings, equipment, inventory, and other essential assets. By having commercial property insurance, businesses can mitigate losses that may occur due to unexpected events. - read more
    Understanding Commercial Property Insurance for Multiple Locations: What Landlords Need to Know
    Understanding Commercial Property Insurance for Multiple Locations: What Landlords Need to Know
    When it comes to owning commercial properties in Australia, understanding the ins and outs of insurance is crucial. Commercial property insurance serves as a safety net, protecting your valuable assets against unforeseen events. It's designed to cover the buildings themselves, as well as any equipment, inventory, and even loss of income due to disruptions. - read more
    Natural Disasters and Your Commercial Property: Is Your Insurance Adequate?
    Natural Disasters and Your Commercial Property: Is Your Insurance Adequate?
    Australia is known for its diverse landscapes, but one of the harsher realities it faces is the increasing frequency of natural disasters. From bushfires in the outback to devastating floods in urban areas, these events can have severe implications for commercial properties. Business owners must navigate the challenges of not only protecting their assets but also ensuring the continuity of their operations. - read more
    Beyond the Basics: Essential Add-Ons for Comprehensive Commercial Property Insurance
    Beyond the Basics: Essential Add-Ons for Comprehensive Commercial Property Insurance
    Commercial property insurance is a vital safeguard for businesses and landlords, protecting physical assets from a variety of risks. This type of insurance covers a range of properties, from office buildings to retail spaces, ensuring that in the event of damage or loss, you have financial support to recover your investment. - read more
    The Essential Checklist for Property Investors: Filing a Claim with Confidence
    The Essential Checklist for Property Investors: Filing a Claim with Confidence
    As a property investor, having the right commercial property insurance is vital. It protects your investment against unexpected events, ensuring that your assets are safeguarded. Commercial property insurance covers a range of risks that can lead to significant financial losses, from natural disasters to theft. Understanding the nuances of this insurance is essential for making informed decisions that impact your bottom line. - read more

    Knowledgebase
    Professional indemnity:
    An insurance that provides cover for liability incurred in the course of exercising a profession.