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Insurance News

Climate Change Impacting Home Insurance Costs, IAG Reports Climate Change Impacting Home Insurance Costs, IAG Reports
05 Nov 2025: Paige Estritori

Insurance Australia Group (IAG), a leading insurer in Australia, has highlighted the significant impact of climate change on the cost of home insurance. The company reports that the increasing frequency and severity of weather events are contributing to rising premiums for homeowners. - read more
Suncorp's Financial Growth and Share Buyback: What It Means for Policyholders Suncorp's Financial Growth and Share Buyback: What It Means for Policyholders
05 Nov 2025: Paige Estritori

Suncorp, a prominent Australian insurer, has reported an 8% increase in full-year cash earnings, reaching A$1.49 billion for the year ending June 30, 2025. This performance surpasses analyst expectations and is attributed to improved insurance margins and favorable natural hazard costs. - read more
IAG's Profit Growth and Its Implications for Australian Tradespeople IAG's Profit Growth and Its Implications for Australian Tradespeople
05 Nov 2025: Paige Estritori

Insurance Australia Group (IAG) has reported a significant increase in annual cash earnings for the fiscal year ending June 30, 2025, reaching A$1.17 billion. This growth is primarily driven by an 8% rise in net earned premiums to A$9.98 billion and lower-than-expected natural peril costs. - read more
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Trades Insurance Articles

Top Insurance Coverage Options Every Tradesperson Should Consider
Top Insurance Coverage Options Every Tradesperson Should Consider
Whether you're a carpenter, electrician, plumber, or any other type of tradesperson, your work is essential to keeping homes and businesses running smoothly. But have you ever thought about how important insurance is for your trade business? - read more
Trade Insurance Made Easy: Streamlining Your Paperwork
Trade Insurance Made Easy: Streamlining Your Paperwork
Insurance is a crucial aspect of business for tradespeople. Whether you are a sole trader or run a small trades business, having the right insurance coverage protects you from unexpected financial burdens. - read more
Protecting Your Trade: Public Liability Insurance Explained
Protecting Your Trade: Public Liability Insurance Explained
Public liability insurance is designed to protect businesses and tradespeople against legal costs and compensation claims for injury or damage to property by a third party. In layman's terms, it covers you if someone sues your business for damages. - read more
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Dictionary

Elimination Period

noun

The time period between an injury and the receipt of benefit payments from an insurer, particularly in disability insurance.