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    Insurance News

    HESTA Announces 12% Reduction in Insurance Fees to Benefit Members
    HESTA Announces 12% Reduction in Insurance Fees to Benefit Members
    18 May 2026: Paige Estritori
    HESTA, a leading Australian superannuation fund, has unveiled a significant reduction in insurance fees, aiming to make coverage more accessible and affordable for its members. Effective from 1 July 2026, the fund will implement an average 12% decrease across all insurance cover types, including death, total and permanent disablement (TPD), and income protection. - read more
    Rising Mental Health Claims Drive Surge in Income Support Demand
    Rising Mental Health Claims Drive Surge in Income Support Demand
    18 May 2026: Paige Estritori
    Recent data reveals a significant increase in the number of Australians accessing income support, with over 8 million individuals receiving assistance in the past year. This surge is largely attributed to a rise in mental health-related claims, highlighting a pressing issue within the workforce. - read more
    AFCA Supports Insurer in Income Protection Offset Dispute
    AFCA Supports Insurer in Income Protection Offset Dispute
    18 May 2026: Paige Estritori
    The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of Nippon Life Insurance in a dispute concerning income protection (IP) offsets, confirming an overpayment of nearly $18,000 and supporting the insurer's decision to suspend benefits during the reconciliation of compulsory third party (CTP) income. - read more
    Australian Cosmetic Prices Surge Amid Middle East Supply Disruptions
    Australian Cosmetic Prices Surge Amid Middle East Supply Disruptions
    18 May 2026: Paige Estritori
    Recent geopolitical tensions in the Middle East have led to significant disruptions in crude oil supply, resulting in increased costs for petroleum-derived raw materials essential to the cosmetic industry. This development is causing a notable rise in the prices of beauty products across Australia. - read more
    Australian Health Insurers Criticised for Aggressive Negotiation Tactics
    Australian Health Insurers Criticised for Aggressive Negotiation Tactics
    18 May 2026: Paige Estritori
    Recent reports have brought to light concerns regarding the negotiation practices of major health insurers in Australia. Private hospitals have accused these insurers of employing aggressive tactics that may be contributing to the closure of services and facilities across the country. - read more
    Car Insurance Articles

    From Airbags to AI: The Future of Car Safety Technology
    From Airbags to AI: The Future of Car Safety Technology
    Car safety has come a long way since the early days of motoring. Initially, vehicles had minimal safety features, and accidents often led to severe injuries or fatalities. Over the years, technological advancements have significantly improved the safety of cars, making them much safer for drivers and passengers alike. - read more
    Are Extras Worth the Investment? Unpacking Car Insurance Add-Ons
    Are Extras Worth the Investment? Unpacking Car Insurance Add-Ons
    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
    Comprehensive vs. Third-Party Car Insurance: Which Is Right for You?
    Comprehensive vs. Third-Party Car Insurance: Which Is Right for You?
    Welcome to our comprehensive guide on car insurance in Australia! Whether you're a seasoned driver or a newcomer to the roads, understanding car insurance is crucial for protecting yourself and your vehicle against unforeseen events. - read more
    How Your Driving Habits Affect Your Car Insurance Premiums
    How Your Driving Habits Affect Your Car Insurance Premiums
    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
    Understanding Insurance Jargon: A Guide for Comparing Online Quotes
    Understanding Insurance Jargon: A Guide for Comparing Online Quotes
    Insurance jargon refers to the specialized terminology and phrases used within the insurance industry. These terms can often be confusing and complicated for those not familiar with the field. - read more

    Knowledgebase
    Subrogation:
    An insurance carrier may reserve the "right of subrogation" in the event of a loss. This means that the company may choose to take action to recover the amount of a claim paid to a covered insured if the loss was caused by a third party.