Sat, 7th Mar 2026

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 7th Mar 2026" was published on March 6, 2026.

March 6, 2026 · Insurance News Wrap

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Summary

In this episode of the Weekly Insurance News Wrap, host Paige Estritori discusses a variety of operational changes in Australia's insurance industry. The Strata Community Association aims to phase out insurance commissions by January 2026, and transition to a fee-for-service model instead. While this change brings about concerns of profitability, it is in line with consumer expectations and industry standards. The increasing demand for Latent Defects Insurance in the Australian construction industry is also highlighted, along with the impact of rising costs and skill shortages on insurance claims. Furthermore, the Australian Trucking Association is at odds with the Productivity Commission about a projected doubling of truck fuel tax, which could significantly affect operational costs and consumer prices.

Episode Description

In this episode of the Weekly Insurance News Wrap, host Paige Estritori discusses a variety of operational changes in Australia's insurance industry. The Strata Community Association aims to phase out insurance commissions by January 2026, and transition to a fee-for-service model instead. While this change brings about concerns of profitability, it is in line with consumer expectations and industry standards. The increasing demand for Latent Defects Insurance in the Australian construction industry is also highlighted, along with the impact of rising costs and skill shortages on insurance claims. Furthermore, the Australian Trucking Association is at odds with the Productivity Commission about a projected doubling of truck fuel tax, which could significantly affect operational costs and consumer prices.

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