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Insurance News

Understanding the Impact of NSW's Building Bill 2026 on Modular Construction Insurance
Understanding the Impact of NSW's Building Bill 2026 on Modular Construction Insurance
29 May 2026: Paige Estritori
The New South Wales Government has introduced the Building (Approvals and Practitioners) Bill 2026, a legislative proposal that formally recognises prefabricated and modular construction—collectively termed Modern Methods of Construction (MMC)—within the state's regulatory framework. This integration under the Home Building Act 1989 and the Environmental Planning and Assessment Act 1979 marks a significant shift in how construction projects are approved and managed in NSW. - read more
RICS Q1 2026 Report: Rising Costs Challenge Australia's Construction Sector
RICS Q1 2026 Report: Rising Costs Challenge Australia's Construction Sector
29 May 2026: Paige Estritori
The Royal Institution of Chartered Surveyors (RICS) has released its Q1 2026 Global Construction Monitor, providing a comprehensive overview of the current state of the construction industry in Australia. The report indicates that while overall construction activity remains steady, the sector is grappling with escalating costs and tightening credit conditions. - read more
Aon's 2026 Insights: Asia Pacific Construction's Resilience and Evolving Risk Landscape
Aon's 2026 Insights: Asia Pacific Construction's Resilience and Evolving Risk Landscape
29 May 2026: Paige Estritori
Aon plc, a leading global professional services firm, has released its 2026 Global Construction Insurance and Surety Market Report for the Asia Pacific region. The report underscores the resilience of the construction sector, buoyed by sustained infrastructure investments and a surge in digital infrastructure projects. However, it also highlights the evolving risk landscape that accompanies these developments. - read more
Australian Insurers Grapple with AI Disruption Fears
Australian Insurers Grapple with AI Disruption Fears
29 May 2026: Paige Estritori
In recent months, Australian insurance giants such as Insurance Australia Group (IAG), Suncorp, and QBE have experienced notable declines in their stock prices. This downturn is largely attributed to growing investor concerns over the potential disruptive impact of artificial intelligence (AI) on the insurance industry. - read more
Court Denies Allianz's Attempt to Limit Uniting Church's Insurance Coverage
Court Denies Allianz's Attempt to Limit Uniting Church's Insurance Coverage
29 May 2026: Paige Estritori
In a recent legal development, Allianz Australia has been unsuccessful in its attempt to limit the Uniting Church's insurance coverage for historical sexual misconduct claims to $15 million under a professional indemnity policy. This ruling has significant implications for both insurers and policyholders regarding the extent of coverage in cases involving misconduct allegations. - read more
Health Insurance Articles

The Benefits of Private Health Insurance for Families: Is It Worth the Cost?
The Benefits of Private Health Insurance for Families: Is It Worth the Cost?
Health insurance is a crucial aspect of financial planning for individuals and families alike. It provides protection against unexpected medical costs and ensures that you have access to necessary healthcare services when you need them most. - read more
Smart Strategies to Lower Your Health Insurance Premiums
Smart Strategies to Lower Your Health Insurance Premiums
In today's rapidly changing health insurance landscape in Australia, keeping track of costs and coverage can be daunting. Many Australians find themselves grappling with high premiums that seem to increase year after year. - read more
Don't Fall for These Health Insurance Misconceptions
Don't Fall for These Health Insurance Misconceptions
Private health insurance is an essential consideration for many Australians. It provides peace of mind, knowing that you and your family have access to the best possible healthcare when needed. - read more
The Digital Age of Health Insurance: Comparing Policies Online
The Digital Age of Health Insurance: Comparing Policies Online
The dawn of the digital age has significantly transformed the way we approach nearly every aspect of our lives, and the domain of health insurance is no exception. With the arrival of innovative digital tools, the health insurance landscape has undergone a striking evolution, allowing for unprecedented accessibility and convenience in managing healthcare coverage. - read more
5 Common Mistakes to Avoid When Selecting Family Health Insurance
5 Common Mistakes to Avoid When Selecting Family Health Insurance
Choosing the right family health insurance can feel like navigating a maze. With so many options and factors to consider, it's no wonder many Australians find the process overwhelming. The stakes are high, as the wrong choice could not only impact your family's access to healthcare but also strain your finances. - read more

Knowledgebase
Insurance Premium:
The periodic amount paid for the purchase of insurance.