Sun, 17th May 2026

In this Weekly Insurance News Wrap, we delve into Insurance Australia Group's tactful approach to the weak insurance market - leveraging their Intermediated Insurance Australia division, focusing on technology and AI, and aiming for a 13% insurance margin by 2030. We also discuss South Australia's response to climbing fuel prices - permitting heavier, longer trucks on roads to enhance fuel efficiency. Notwithstanding, concerns about equipment upgrade costs and road safety remain. We spotlight the Australian Competition and Consumer Commission's intensified scrutiny of IAG's proposed acquisition of RAC Insurance and the potential effect on premiums and consumer choice. And finally, we review a Federal Court decision affirming the original policy terms, refuting Allianz Australias bid to limit sexual misconduct coverage under a policy from the Uniting Church.