Mon, 18th May 2026
from Insurance News Wrap Hosted by Paige Estritori
In this week's Financial Services Online Insurance News Wrap, host Paige Estritori discusses key developments in Australia's insurance industry. One highlight includes Insurance Australia Group's (IAG) successful adaptation to a softening commercial insurance market, reflected in their profit of $328 million last year. South Australia's major reforms in heavy vehicle regulations aim to increase fuel efficiency by up to 18%. The Australian Competition and Consumer Commission (ACCC) is scrutinizing IAG's proposed billion-dollar acquisition of RAC Insurance, amid concerns for shrinking competition in Western Australia's insurance market. Lastly, Allianz Australia's failed attempt to cap sexual misconduct coverage under the Uniting Churchs professional indemnity policy serves as a critical reminder for professionals to review policy terms meticulously. Join Paige for another round of insights next week.
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