Mon, 2nd Mar 2026

In this episode of the Weekly Insurance News Wrap, Paige Estritori reports on the Australian Trucking Association's opposition to the proposed doubling of the truck fuel tax by the Productivity Commission. Such changes could significantly impact consumers, rural exporters, and small trucking firms. Meanwhile, a worrying weather update could affect the insurance industry with PERILS' adjusted insurance loss prediction following recent severe storms. There's also a record surge of financial complaints in the country, highlighting the urgent need for improved customer service and compliance within financial institutions. Lastly, the withdrawal of NRMA Insurance from offering farm insurance has led many farmers to search for alternate solutions, pushing the industry to redefine its insurance strategies.n