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      Insurance News

      Tool Theft Claim Falls Short After Portable Items Limit Applied
      Tool Theft Claim Falls Short After Portable Items Limit Applied
      28 Jun 2026: Paige Estritori
      A recent Australian Financial Complaints Authority decision is a timely reminder for tradies that the words in a policy schedule can matter just as much as the headline sum insured. The dispute involved a business that had tools and a trailer stolen from a worksite, then challenged the insurer’s payout after receiving far less than it believed the policy should provide. - read more
      HCF Life Appeal Decision Puts Policy Wording Back in Focus
      HCF Life Appeal Decision Puts Policy Wording Back in Focus
      28 Jun 2026: Paige Estritori
      A recent Full Federal Court decision involving HCF Life has put renewed attention on one of the most important parts of any life insurance policy: how pre-existing conditions are described, limited and explained to customers. - read more
      Cyclone Insurance Savings Offer Relief, But Farmers Still Face a Hard Market
      Cyclone Insurance Savings Offer Relief, But Farmers Still Face a Hard Market
      28 Jun 2026: Paige Estritori
      The ACCC’s final monitoring report on the Australian Government’s cyclone reinsurance pool offers a cautiously positive signal for parts of northern Australia. Premium relief is showing up in higher cyclone-risk areas, particularly for home, strata and small business policies. For farming families and rural enterprises in exposed regions, that matters: the family home, workers’ accommodation, sheds, workshops and business premises can all sit within the same weather-risk landscape. - read more
      New Liability Cover Adds Choice for Australian SMEs
      New Liability Cover Adds Choice for Australian SMEs
      28 Jun 2026: Paige Estritori
      Haven Underwriting has expanded its product suite with a new broadform liability offering, adding another option for Australian businesses that rely on customer-facing premises, physical locations and day-to-day public interaction. The cover is backed by Mitsui Sumitomo Insurance capacity and follows Haven’s earlier entry into the market with industrial special risk property cover. - read more

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      Knowledgebase
      Flood Insurance:
      A specific type of property insurance that covers losses and damage caused by flooding.