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Insurance News
Year: Month:

What PSC’s Transport Broker Investment Means for Truck Operators What PSC’s Transport Broker Investment Means for Truck Operators
02 Jul 2026: Paige Estritori

PSC Insurance Brokers’ investment in MA Insurance Brokers is a timely reminder that transport insurance in Australia is becoming more specialised, more relationship-driven and more closely tied to claims performance. The deal, announced on 25 June 2026, sees MA begin operating as PSC Transport Insurance Brokers, with founders Barry Mathison and Mariann Illyes remaining involved as managing principals. - read more
Cancer Claim Decision Shows Why Policy Wording Matters Cancer Claim Decision Shows Why Policy Wording Matters
01 Jul 2026: Paige Estritori

A new Australian Financial Complaints Authority decision has underlined a point that is easy to overlook when buying personal insurance: a serious diagnosis does not always mean a policy benefit will be payable. The ruling, reported on 29 June 2026, involved a claimant who sought benefits after being diagnosed with high-grade urothelial carcinoma of the bladder. Although the illness was serious and required treatment, AFCA found the insurer was entitled to rely on the specific wording of the policy. - read more
What Renewal Price Transparency Means for Boat Owners What Renewal Price Transparency Means for Boat Owners
01 Jul 2026: Paige Estritori

A new review by the General Insurance Code Governance Committee has put renewal pricing transparency back under the spotlight, with findings that matter well beyond home and motor policies. For Australian boat owners, the message is simple: when your policy renewal arrives, the payment frequency can be just as important as the headline premium. - read more
What IAG’s Modular Shelter Move Means for SMEs What IAG’s Modular Shelter Move Means for SMEs
01 Jul 2026: Paige Estritori

IAG’s latest investment through Firemark Ventures is a useful signal for Australian business owners: disaster recovery is no longer just about paying claims after the event. It is increasingly about helping people and enterprises stay operational, connected and on-site while rebuilding happens around them. - read more
Life Insurance Code Review Puts Mental Health and Claims Fairness in Focus Life Insurance Code Review Puts Mental Health and Claims Fairness in Focus
01 Jul 2026: Paige Estritori

Australia’s life insurance sector is facing another important reform moment after the independent review of the Life Insurance Code of Practice released its final report on 30 June 2026. The report, led by former senior regulator Peter Kell, makes 85 recommendations aimed at improving how life insurers communicate, design products, handle claims and support customers who may be vulnerable. - read more
New Cyber Insurance Access Signals a Timely Reminder for Beauty Businesses New Cyber Insurance Access Signals a Timely Reminder for Beauty Businesses
01 Jul 2026: Paige Estritori

Delta Insurance Australia’s latest move onto Ebix Australia’s Sunrise Exchange is a technical insurance market update, but it carries a practical message for salon owners, beauty therapists and mobile beauticians: cyber and management liability risks are becoming everyday small business issues, not just concerns for large companies. - read more
Stolen Tools Case Shows Why Policy Limits Matter for Tradies Stolen Tools Case Shows Why Policy Limits Matter for Tradies
01 Jul 2026: Paige Estritori

A recent Australian Financial Complaints Authority decision has delivered a practical reminder for tradies: the figure shown as a contents sum insured may not automatically apply to every tool, trailer or piece of equipment taken to a job site. - read more
Life Insurance Code Review Signals Higher Standards for Insurers Life Insurance Code Review Signals Higher Standards for Insurers
01 Jul 2026: Paige Estritori

The independent review of the Life Insurance Code of Practice has concluded with 85 recommendations that could reshape how Australian life insurers design products, communicate with customers and manage claims. Released on 30 June 2026, the final report places particular emphasis on mental health cover, vulnerable customers, First Nations customers, claims handling, premium transparency and the enforceability of the Code. - read more
Final Life Code Review Signals Higher Standards for Life Insurers Final Life Code Review Signals Higher Standards for Life Insurers
01 Jul 2026: Paige Estritori

The independent review of Australia’s Life Insurance Code of Practice has moved from consultation to action, with reviewer Peter Kell releasing a final report that recommends 85 reforms. For business owners, directors and partners who rely on life cover to protect revenue, debt obligations and succession plans, the review is more than an industry governance exercise. - read more
Final Life Code Review Puts Mental Health Cover Under the Spotlight Final Life Code Review Puts Mental Health Cover Under the Spotlight
01 Jul 2026: Paige Estritori

The final independent review of the Life Insurance Code of Practice has landed with a substantial reform agenda for Australian life insurers, including recommendations that could reshape how mental health cover, claims handling and premium communication are managed in future policies. - read more
What the Life Insurance Code review could mean for key person cover What the Life Insurance Code review could mean for key person cover
01 Jul 2026: Paige Estritori

Australia’s life insurance rule book is set for a significant rethink after the independent review of the Life Insurance Code of Practice released its final report on 30 June 2026. The review recommends 85 measures, with most requiring changes to the Code that guides how life insurers design products, communicate with customers, handle claims and support people in vulnerable circumstances. - read more
Life Insurance Code review puts fairness and mental health cover in focus Life Insurance Code review puts fairness and mental health cover in focus
01 Jul 2026: Paige Estritori

Australia’s life insurance sector is facing a potentially significant rulebook update after the final report from the independent Life Insurance Code of Practice review was released on 30 June 2026. The report recommends 85 measures, many of which would require changes to the Code, with a strong emphasis on clearer obligations, better consumer understanding and fairer treatment during vulnerable moments. - read more
Major Life Code Changes Proposed for Australian Policyholders Major Life Code Changes Proposed for Australian Policyholders
01 Jul 2026: Paige Estritori

The final report from the independent review of the Life Insurance Code of Practice has landed, and it could become one of the more important consumer protection developments for life insurance Australia in recent years. Reviewer Peter Kell has put forward 85 recommendations, with most requiring changes to the Life Code. This update extends our earlier coverage of the interim review, which invited public feedback on how the Code should evolve. - read more
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Car Insurance Articles

How Your Driving Habits Affect Your Car Insurance Premiums
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Car insurance premiums are the amounts paid regularly to maintain an active car insurance policy. These payments can be made on a monthly, quarterly, or annual basis, depending on the terms agreed upon with your insurance provider. - read more
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Comprehensive vs. Third-Party Car Insurance: Which Is Right for You?
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Are Extras Worth the Investment? Unpacking Car Insurance Add-Ons
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Car insurance is an essential part of owning a vehicle in Australia, providing financial protection and peace of mind. Standard coverage typically includes protection against collision damage, theft, and various liabilities. However, the world of car insurance doesn’t stop here; enter the realm of 'extras' - additional options that go beyond the basics. - read more

Knowledgebase
Replacement Cost:
The amount it would cost to replace or rebuild an insured asset with one of similar kind and quality, without depreciation.

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