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Insurance For Trades

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Latest News Headlines

Insurers Assist Storm-Struck Casterton with Community Session

The Insurance Council of Australia (ICA) is set to host a community consultation and information session in Casterton, a town in Western Victoria recently battered by hail and storms. This event, scheduled for Wednesday, aims to provide residents with an opportunity to engage directly with their insurers.

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Insurers Assist Storm-Struck Casterton with Community Session

Insurance Council Urges Action on Risk Reduction as Election Approaches

Prime Minister Anthony Albanese has announced a federal election set for May 3, positioning the Insurance Council of Australia (ICA) to leverage this political moment to advocate vigorously for enhanced risk reduction measures. The ICA is calling for substantial investment in mitigation strategies to address pressing issues of insurance affordability and resilience against natural disasters.

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Insurance Council Urges Action on Risk Reduction as Election Approaches

Allianz and AWP Face Hefty Penalties for Misleading Insurance Claims

The Supreme Court of New South Wales has imposed significant criminal penalties on Allianz Australia Insurance Ltd and AWP Australia Pty Ltd. Allianz received a $13.5 million fine, while AWP was fined $3.3 million. These penalties were for falsely or misleadingly promoting financial products online, breaching sections 1041E(1) and 1311(1) of the Corporations Act 2001.

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Allianz and AWP Face Hefty Penalties for Misleading Insurance Claims


Latest Financial Articles

Insurance for Hobby Farms: Finding the Right Coverage

02 Apr 2025 | Hobby farming has become increasingly popular in Australia, with many individuals and families embracing the joys of growing their own produce, raising livestock, and enjoying a rural lifestyle. Whether it's a small vegetable garden, a few chickens, or a larger mixed farming operation, hobby farms offer both relaxation and a connection to nature.

'Exclusions' in Professional Indemnity Policies: What You Need to Know

02 Apr 2025 | Exclusions in professional indemnity policies are specific conditions or circumstances that are not covered by the insurance. These exclusions are explicitly stated in the policy documents to clarify what is and isn’t protected.

Affordable Health Insurance: How to Find the Best Plan for You

01 Apr 2025 | Affordable health insurance refers to insurance plans that offer necessary health coverage at a price within one's financial means. These plans aim to balance cost with the quality of care, providing essential services without excessive financial burden. The goal is to make healthcare accessible to a wider population, ensuring that everyone can maintain their health without going into debt.