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    Insurance News

    APRA's Intervention: Halting Unjustified Premium Hikes in Commercial Auto Insurance
    APRA's Intervention: Halting Unjustified Premium Hikes in Commercial Auto Insurance
    24 May 2026: Paige Estritori
    In March 2026, the Australian Prudential Regulation Authority (APRA) took decisive action to address significant premium hikes in the commercial auto insurance sector. Responding to widespread industry concerns, APRA issued emergency regulations to freeze unjustified baseline premium increases exceeding 25%, pending external review. This intervention aims to protect independent transport operators and logistics enterprises from immediate financial strain. - read more
    HESTA to Reduce Insurance Fees by 12% Starting July 2026
    HESTA to Reduce Insurance Fees by 12% Starting July 2026
    24 May 2026: Paige Estritori
    HESTA, a leading Australian superannuation fund, has announced a significant reduction in insurance fees, averaging 12% across all cover types. This change is set to take effect from 1 July 2026 and is part of a broader initiative to make insurance more accessible and affordable for its members. - read more
    Government Announces Major NDIS Cuts to Save Over $36 Billion
    Government Announces Major NDIS Cuts to Save Over $36 Billion
    24 May 2026: Paige Estritori
    The Australian government has unveiled plans to significantly reduce the growth of the National Disability Insurance Scheme (NDIS), aiming to save $36.2 billion over the next four years. This decision marks the largest single savings measure in the 2026 federal budget. - read more
    Australian Insurers Highlight Key Risks for 2026
    Australian Insurers Highlight Key Risks for 2026
    24 May 2026: Paige Estritori
    As 2026 unfolds, Australian insurers have identified three primary challenges: rising premium costs and shrinking insurability, ongoing cyber and data risks, and increasing difficulty in hiring and retaining skilled workers. These insights are drawn from industry feedback cited in Gallagher Bassett’s upcoming report, 'The Carrier Perspective: 2026 Claims Insights.' - read more
    QLS Approves 15% Reduction in Professional Indemnity Insurance Levies for 2026/27
    QLS Approves 15% Reduction in Professional Indemnity Insurance Levies for 2026/27
    24 May 2026: Paige Estritori
    The Queensland Law Society (QLS) has announced a significant 15% reduction in professional indemnity (PI) insurance levies for the 2026/27 period. This decision, approved by the QLS Council in April 2026, is set to benefit legal practitioners across Queensland by lowering their insurance premiums. - read more
    Car Insurance Articles

    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 is a necessary expense for anyone who owns a vehicle. It provides financial protection against accidents, theft, and other unexpected events. In Australia, having comprehensive car insurance can save you significant costs down the line. However, what many drivers may not realise is how their driving habits can directly influence their insurance premiums. - 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
    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
    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

    Knowledgebase
    Waiting Period:
    The time period that must pass after filing a claim before the insurance coverage becomes effective or benefits are paid.