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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
    Health Insurance Articles

    The Ultimate Guide to Comparing Health Insurance Plans in Australia
    The Ultimate Guide to Comparing Health Insurance Plans in Australia
    Australia is renowned for its iconic landmarks, diverse ecosystems, and robust healthcare system. While the public healthcare system, Medicare, provides essential health services, it might not cover everything. The allure of private health coverage lies in its promise of broader options, reduced wait times, and coverage for services not included in Medicare, like dental and optical care. - 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
    Affordable Health Insurance: How to Find the Best Plan for You
    Affordable Health Insurance: How to Find the Best Plan for You
    Affordable health insurance refers to insurance plans that offer necessary health coverage at a price within one's financial means. These plans aim to balance cost with the quality of care, providing essential services without excessive financial burden. The goal is to make healthcare accessible to a wider population, ensuring that everyone can maintain their health without going into debt. - read more
    The Importance of Comparing Health Insurance Extras for Maximum Savings
    The Importance of Comparing Health Insurance Extras for Maximum Savings
    Health insurance is more than just a precautionary measure; it's a vital component in managing both your health and financial well-being. In Australia, where healthcare costs can quickly escalate, health insurance extras serve as a buffer, ensuring that services like dental, optical, and physiotherapy remain within reach. These extras can significantly reduce the out-of-pocket expenses you might otherwise encounter for non-hospital treatments. - read more
    Unlocking Affordable Health Insurance: Tips to Reduce Your Premiums
    Unlocking Affordable Health Insurance: Tips to Reduce Your Premiums
    The current health insurance landscape in Australia can be quite confusing for many people. With numerous options available, it’s not always clear which to choose to balance your budget with your needs. Premiums are on the rise, and Australians are becoming increasingly concerned about the costs of maintaining adequate coverage. - read more

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