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    Insurance News

    Australian Truck Drivers Seek Relief Amid Fuel Price Surge
    Australian Truck Drivers Seek Relief Amid Fuel Price Surge
    28 May 2026: Paige Estritori
    The Australian trucking industry is confronting a severe challenge as escalating fuel prices place immense financial pressure on drivers and operators. This crisis has led to urgent appeals for major clients, including retailers and manufacturers, to share the burden to prevent widespread business closures. - read more
    Easing Conditions in Australia's Commercial Insurance Market
    Easing Conditions in Australia's Commercial Insurance Market
    28 May 2026: Paige Estritori
    In the first half of 2026, Australia's commercial insurance market has experienced a notable softening, characterized by easing pricing across various lines and a broadening of insurer appetite. This trend is detailed in the latest Insurance Market Trends and Outlook report released by EBM Insurance & Risk on May 11, 2026. - read more
    APRA Freezes Unjustified Premium Increases in Commercial Auto Insurance
    APRA Freezes Unjustified Premium Increases in Commercial Auto Insurance
    28 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. - read more
    Rising Mental Health Claims Lead to Surge in Income Support Access
    Rising Mental Health Claims Lead to Surge in Income Support Access
    27 May 2026: Paige Estritori
    Recent data reveals a concerning trend: over 8 million Australians are now accessing some form of income support, marking an increase of approximately 2 million individuals over the past decade. This surge is predominantly driven by a rise in mental health-related claims, underscoring the pressing need for comprehensive mental health support and effective income protection strategies. - read more
    Acenda Life Introduces Higher Coverage Limits in Income Protection Policies
    Acenda Life Introduces Higher Coverage Limits in Income Protection Policies
    27 May 2026: Paige Estritori
    Acenda Life has recently implemented a series of updates to its Retail Life Insurance portfolio, effective from 11 April 2026. These changes are designed to provide greater flexibility and accessibility for Australians seeking income protection insurance, addressing common concerns about policy limitations and entry age restrictions. - read more
    Jetski Insurance Articles

    Sun, Salt, and Safety: A Comprehensive Guide to Year-Round Jet Ski Maintenance
    Sun, Salt, and Safety: A Comprehensive Guide to Year-Round Jet Ski Maintenance
    Maintaining your jet ski isn't just about keeping it looking good; it's crucial for ensuring longevity and optimal performance on the water. Engaging in regular maintenance can significantly extend the life of your jet ski and help avoid costly repairs. Whether you're slicing through the waves or enjoying a leisurely cruise, a well-maintained jet ski provides a reliable and enjoyable experience for riders of all levels. - read more
    Winterizing Your Jet Ski: Essential Maintenance Tips
    Winterizing Your Jet Ski: Essential Maintenance Tips
    Owning a jet ski is an exhilarating experience, providing endless fun on the water during the warmer months. However, as temperatures drop, it's crucial to prepare your jet ski for winter storage. Proper winterizing can extend the life of your machine and ensure it's ready for the next season. - read more
    Why Jet Ski Insurance is Crucial for Australian Enthusiasts
    Why Jet Ski Insurance is Crucial for Australian Enthusiasts
    Jet skiing is immensely popular in Australia, where the expansive coastlines and beautiful waterways offer the perfect setting for thrilling aquatic adventures. - read more
    How to Choose the Right Jet Ski Insurance Plan for You
    How to Choose the Right Jet Ski Insurance Plan for You
    Owning a jet ski can bring endless excitement and fun in the water, but it also comes with its own set of risks. Jet ski insurance is essential for protecting both your watercraft and yourself from unforeseen circumstances. - read more
    Top JetSki Safety Tips Every Australian Rider Should Know
    Top JetSki Safety Tips Every Australian Rider Should Know
    Jetskiing is an increasingly popular water sport enjoyed by many Australians, with the country's vast coastline offering a playground for both adrenaline seekers and those looking to enjoy a day out on the water. In the excitement of zipping across the waves, safety can sometimes take a backseat, which should never be the case. Understanding and adhering to safety guidelines is crucial to ensure that every ride is as safe as it is enjoyable. - read more

    Knowledgebase
    Loss Ratio:
    The ratio of claims paid by an insurer to the premiums earned, used as a measure of profitability.