Welcome to the Insurance Online News podcast with your host, Paige Estritori, where we deliver the latest and most significant news from the world of insurance in Australia. Our dedicated team works tirelessly to bring you the freshest updates, focusing on the stories that matter the most to both Australian businesses and individual consumers over the past week.
Through meticulous research, we transform these developments into original content that not only keeps you informed but also offers deep insights into the insurance landscape as it stands today. Our podcast distills these crucial updates into a format that's both succinct and captivating. For professionals within the insurance realm or personal consumers keen on keeping up with insurance trends, look no further. Paige Estritori brings you all the essential information daily, making our podcast the ultimate destination for trustworthy and impactful insurance news.
This Week:
This week: Tasmania appoints an industry veteran to design TasInsure, a proposed state-run insurer for households, SMEs and community groups. Victorian bushfire claims have exceeded about $200 million, with implications for premiums and cover in high‑risk areas. Broker transparency is set to lift, with stronger disclosure of fees and commissions for individuals and small businesses. And NSWs regulator fines an insurer over delayed CTP injury payments, underscoring tighter scrutiny of claim timeliness. Listeners are urged to compare quotes, check sums insured, and ask for itemised broker costs.
Hello and welcome to Insurance Online News with Paige Estritori, on Thursday, 29 January 2026.
First, Tasmanias push for a state-run insurer took a step forward. The government has appointed veteran advisor John Trowbridge to help design “TasInsure” for households, small businesses, and community groups. Supporters say it could improve access and affordability; critics warn the model will need careful governance and clear scope. For now, nothing changes for your cover, so keep comparing personal and business insurance quotes and, when the scheme details land, weigh it up alongside private options with broker guidance.
Meanwhile, claims from the recent Victorian bushfires have already topped about two hundred million dollars. Large catastrophe bills can flow through to premiums and underwriting appetite, especially in higher‑risk regions. If youre in a bushfire zone, check your sum insured, document assets, and ask your broker about resilience measures that can help you stay covered and avoid underinsurance.
On broker conduct, an updated response to the code of practice review backs clearer disclosure of broker fees and commissions to individuals and small businesses. Consumer groups still want stronger, enforceable obligations. What it means for you is simple: expect more upfront detail. Ask for an itemised summary of services and costs when you compare policies online or through a broker, so you can judge value, not just price.
And in claims oversight, the NSW State Insurance Regulatory Authority, SIRA, has penalised an insurer for delays in paying compulsory third party, or CTP, injury claims. Regulators are sharpening their focus on timeliness and fair treatment. If your claim stalls, keep a dated log of contacts, follow the insurers dispute process, and consider broker support to escalate—so youre not navigating it alone.
Thats it for this week. For fast, free quotes and expert help comparing cover for home, car, life, income protection or business, head to insuranceonline.com.au. Im Paige Estritori—thanks for listening, and talk soon.
The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
Follow us!
We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.
Strata insurance is a specialized type of insurance designed for properties that are divided into multiple units or lots, such as apartment buildings. It protects the entire building’s common property and the individual interests of the owners. This includes coverage for areas like hallways, gardens, and shared facilities. - read more
Strata insurance is a type of cover designed specifically for properties that are subdivided into individual lots or units, which is common in residential and mixed-use developments. It protects the overall structure and shared areas of the property and is usually managed by a strata management body. This insurance is crucial not just for safeguarding the building itself but also for ensuring that common property, such as gardens, hallways, and balconies, is covered against a range of risks. - read more
Strata insurance is a specialized form of insurance designed to protect the common property and assets of a strata titled property, which is especially important for property owners in Australia. It provides coverage for shared areas such as hallways, gardens, and pools, as well as liability protection for incidents that may occur in these common spaces. - read more
Strata insurance is a type of insurance designed specifically for properties that are managed under a strata title scheme. This typically includes multi-unit developments like apartments and townhouses. It covers common areas, such as gardens, hallways, and swimming pools, and provides protection for the owners' corporation against various liabilities and risks. - read more
Strata insurance is a specialized insurance policy designed to cover common property in apartment buildings, townhouses, and other strata-titled developments. This type of insurance is crucial for both property owners and strata schemes, as it provides peace of mind in the face of potential risks. - read more
CHU, Australia's leading strata insurance underwriting agency, has released its 2025 State of the Strata Market report, providing a comprehensive analysis of the current state of the industry. The report offers valuable insights into premium movements, the impact of weather events, regulatory developments, and emerging risks affecting strata insurance. - read more
The Insurance Council of Australia (ICA) has recently called for substantial reforms to Victoria's strata legislation, citing a direct correlation between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians residing in strata-titled properties, the need for effective management and oversight has become increasingly critical. - read more
In a significant move to address the longstanding issue of insurance affordability in Northern and Regional Queensland, Sure Insurance has announced an increase in its residential strata insurance coverage from $5 million to $20 million. This strategic enhancement aims to provide body corporates and lot owners with more competitive premium options and improved access to essential insurance services. - read more
CHU, Australia's leading strata insurance underwriting agency, has announced the launch of a new residential strata insurance policy designed to better support property owners and strata communities. This initiative reflects CHU's commitment to delivering customer-focused solutions that simplify insurance processes and enhance community resilience. - read more
Sure Insurance has announced a significant expansion of its residential strata insurance coverage, increasing the replacement value limit from $5 million to $20 million. This strategic move is designed to address the affordability crisis and improve access to insurance for apartment complexes in Northern and Regional Queensland. - read more