Tue, 19th May 2026
from Insurance News Wrap Hosted by Paige Estritori
In this episode, Paige Estritori of Financial Services Online discusses the week's key insurance news. Highlights include Insurance Australia Group (IAG) combatting the soft commercial insurance market through its Intermediated Insurance Australia division, using strategic moves and AI tech to register a $328 million profit. In transport news, South Australia responds to rising fuel prices by reforming heavy vehicle regulations, allowing for longer and heavier trucks to increase fuel efficiency. Additionally, the Australian Competition and Consumer Commission investigates IAG's proposed acquisition of RAC Insurance, with concerns over a reduction in competition in Western Australia's insurance sector. Finally, Estritori mentions a Federal Court decision to halt Allianz Australia's attempt to limit sexual misconduct coverage under the Uniting Church's professional indemnity policy. Tune in next week for another roundup.
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