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    Insurance News

    Cyclone Pool Delivers Some Relief for High-Risk Strata Schemes
    Cyclone Pool Delivers Some Relief for High-Risk Strata Schemes
    05 Jul 2026: Paige Estritori
    The ACCC’s fifth and final insurance monitoring report has given strata committees in cyclone-exposed regions a clearer view of what the Cyclone Reinsurance Pool is—and is not—achieving. Released on 25 June 2026, the report found that the pool has helped reduce or moderate premiums for policyholders in higher cyclone-risk areas, including residential strata schemes. - read more
    Renewal Notice Gaps Put Insurance Costs Back in Focus for Tradies
    Renewal Notice Gaps Put Insurance Costs Back in Focus for Tradies
    05 Jul 2026: Paige Estritori
    Australian tradies know the pressure of keeping cover in place while juggling wages, materials, fuel, tax, vehicle costs and unpredictable cash flow. A new review by the General Insurance Code Governance Committee is a timely reminder that the way an insurance renewal is presented can make a real difference to what a small business owner understands, compares and ultimately pays. - read more
    Mercer Super Fine Shows Why Life Cover Needs Regular Checks
    Mercer Super Fine Shows Why Life Cover Needs Regular Checks
    05 Jul 2026: Paige Estritori
    A new Federal Court penalty against Mercer Super has put another spotlight on the systems that sit behind insurance held through superannuation. Mercer Super has been ordered to pay $10.3 million after failures to report internal investigations into significant member service issues to ASIC, including one matter involving insurance premiums that continued to be charged after members had died. - read more
    H5 Bird Flu Detections: What Farm Operators Should Review Now
    H5 Bird Flu Detections: What Farm Operators Should Review Now
    05 Jul 2026: Paige Estritori
    Australia’s H5 bird flu situation has moved quickly, with authorities responding to new detections in migratory seabirds, including a confirmed case in New South Wales and further concerns in Western Australia. Importantly for producers, officials have continued to stress that there is currently no evidence of infection in poultry or the wider agricultural production system, and the public health risk remains low. - read more
    BHSI Launch Highlights SME Management Risk Needs
    BHSI Launch Highlights SME Management Risk Needs
    05 Jul 2026: Paige Estritori
    Australian small and medium-sized businesses have another management liability option to consider, after BizCover expanded its partnership with Berkshire Hathaway Specialty Insurance Company on 1 July 2026. The new product has been added to BizCover’s online platform and is aimed at organisations with annual turnover up to $25 million and up to 200 staff, with cover limits available up to $5 million. - read more
    Household Insurance Articles

    How Much Should You Budget for Insurance in Australia?
    How Much Should You Budget for Insurance in Australia?
    Welcome to the comprehensive guide on navigating the diverse world of insurance in Australia. Whether you're safeguarding your personal assets or protecting your business interests, insurance plays a pivotal role in financial security. In this introductory section, we'll explore why budgeting for insurance is crucial for Australians, delve into the various types of insurance available, and illustrate how insurance should integrate into your broader financial planning strategy. - read more
    Why Income Protection Insurance Matters for Every Australian Earner
    Why Income Protection Insurance Matters for Every Australian Earner
    The unpredictable nature of life can often leave us vulnerable to financial uncertainty, especially when it comes to our ability to earn an income. Whether due to illness, injury, or unexpected job loss, the loss of income can have a devastating impact on our financial stability and quality of life. This is where the importance of insurance in financial planning becomes evident. - read more
    How to ensure your home renovation is covered by your insurance policy
    How to ensure your home renovation is covered by your insurance policy
    Renovating your home can be an exciting time, but it can also be a stressful one. There are so many things to consider and plan for, including financing the renovations, choosing the right contractor, and selecting the materials to be used. One aspect that often gets overlooked during planning is the impact that renovations can have on your insurance coverage. - read more
    10 Tips for Lowering Your Home and Contents Insurance Premiums
    10 Tips for Lowering Your Home and Contents Insurance Premiums
    One of the best ways to lower your home and contents insurance premiums is to shop around for the best deal. Insurance companies often have varying rates, discounts, and offers that could save you a significant amount of money. Start by researching different insurance providers and their policy offerings. Make sure to compare not only pricing but also features, coverages and deductible amounts. - read more
    Protecting Your Home: The What, Why, and How of Home Insurance
    Protecting Your Home: The What, Why, and How of Home Insurance
    As Australians, our homes are often at the heart of our livelihoods and hold significant emotional and financial value. Protecting this important asset is more than just a precaution; it's a necessary step in safeguarding our future. Home insurance acts as a shield against unpredictable events that can have devastating effects on our property and peace of mind. Whether it's from natural disasters or unforeseen accidents, the significance of home insurance cannot be understated. - 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.