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    Insurance News

    ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Operations
    ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Operations
    05 May 2026: Paige Estritori
    The Australian Competition and Consumer Commission (ACCC) has recently opposed the proposed acquisition of RAC WA's insurance division by Insurance Australia Group (IAG). This decision stems from concerns that the merger could significantly reduce competition within Western Australia's insurance sector, potentially leading to higher premiums for consumers. - read more
    South-West Queensland Councils Explore Community Insurance Mutual to Combat Rising Premiums
    South-West Queensland Councils Explore Community Insurance Mutual to Combat Rising Premiums
    05 May 2026: Paige Estritori
    In response to escalating insurance premiums, with some residents experiencing increases of up to 500%, councils in South-West Queensland are exploring the establishment of a community insurance mutual. This initiative aims to provide more affordable and accessible insurance options for local communities, particularly those in flood-prone areas. - read more
    IAG Highlights Climate Change as a Factor in Rising Home Insurance Premiums
    IAG Highlights Climate Change as a Factor in Rising Home Insurance Premiums
    05 May 2026: Paige Estritori
    Insurance Australia Group (IAG) has recently highlighted the impact of climate change on rising home insurance premiums across Australia. The insurer reports that increasingly frequent and severe weather events are contributing to higher costs for homeowners seeking coverage. - read more
    ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Division
    ACCC Halts IAG's Bid to Acquire RAC WA's Insurance Division
    05 May 2026: Paige Estritori
    The Australian Competition and Consumer Commission (ACCC) has recently opposed Insurance Australia Group's (IAG) proposed acquisition of the Royal Automobile Club of Western Australia's (RAC WA) insurance division. This decision stems from concerns that the merger would significantly reduce competition within Western Australia's insurance market, potentially leading to higher premiums for consumers. - read more
    Unprecedented Rise in Mental Health Insurance Claims Challenges Super Funds
    Unprecedented Rise in Mental Health Insurance Claims Challenges Super Funds
    05 May 2026: Paige Estritori
    Australia is witnessing a significant increase in mental health-related insurance claims, particularly within superannuation funds. This surge has led to calls for more efficient processing and faster payouts to support individuals facing mental health challenges. - read more
    Car Insurance Articles

    Why Do Age-Related Factors Matter in Car Insurance Premium Calculations?
    Why Do Age-Related Factors Matter in Car Insurance Premium Calculations?
    Car insurance is an essential part of owning and driving a vehicle, providing protection and peace of mind on the road. While most Australians are familiar with the basic coverage options, understanding the finer details of premium calculations can be quite complex. One of the key factors influencing these calculations is age. - read more
    Car Insurance Explained: What Every Australian Needs to Know
    Car Insurance Explained: What Every Australian Needs to Know
    Car insurance is a critical aspect of vehicle ownership that can save you from financial distress in case of accidents, theft, or damage. For Australian consumers, understanding the ins and outs of car insurance is essential for ensuring that you're adequately protected without overpaying for your coverage. - read more
    Don’t Let These Hidden Costs Drain Your Car Insurance Budget
    Don’t Let These Hidden Costs Drain Your Car Insurance Budget
    Car insurance is an essential expenditure for any vehicle owner, but are you truly aware of all the costs involved? Many Australians focus solely on the premiums, overlooking additional charges that can significantly impact their budget. Understanding these hidden costs is crucial to avoid an unpleasant surprise. - read more
    Common Mistakes to Avoid When Filing a Car Insurance Claim
    Common Mistakes to Avoid When Filing a Car Insurance Claim
    Filing a car insurance claim can be a complex and overwhelming task. Understanding the process is crucial to ensure that everything goes smoothly and you get the compensation you deserve. - read more
    Understanding Add-Ons: Optional Car Insurance Coverages to Enhance Your Policy
    Understanding Add-Ons: Optional Car Insurance Coverages to Enhance Your Policy
    Car insurance is a crucial aspect of responsible vehicle ownership. It provides financial protection against accidents, theft, and other unforeseen events. In Australia, having the right car insurance policy can give you peace of mind on the road. - read more

    Knowledgebase
    Insurance Deductible:
    the amount that an insured is required to contribute toward an insurance claim as stipulated in an insurance policy. Otherwise known as the "policy excess".