- Cohabit Unveils Innovative Digital Strata Insurance Solution
In a significant advancement for the strata insurance sector, insurtech company Cohabit has launched a digital platform designed to streamline the insurance process for strata schemes.
- Suncorp Strategically Reclassifies Strata Insurance to Drive Growth
Suncorp, a leading Australian insurer, has announced a strategic reclassification of its strata insurance business from consumer to commercial, signaling a concerted effort to expand its footprint in the strata insurance market.
- Consumer Advocates Support Proposed Ban on Strata Insurance Commissions
Consumer advocacy groups have expressed strong support for the New South Wales (NSW) Productivity and Equality Commission's recent recommendation to prohibit commission payments for strata managers and insurance brokers within the strata sector.
- Understanding the Rise in Strata Insurance Premiums Amid Climate Challenges
In recent years, Australia's strata insurance market has experienced notable shifts, primarily driven by escalating climate risks and increasing claims costs. As we move through 2026, these factors continue to influence premium rates and underwriting practices, presenting challenges for owners corporations and strata managers.
- Strata Communities Endorse Call for Enhanced Resilience Reforms
Strata communities are at the forefront of Australia's resilience battle, facing escalating costs, declining coverage, and prolonged recovery periods following disasters. Strata Community Association Australasia (SCA) has expressed strong support for the Insurance Council of Australia's (ICA) recent call for coordinated, long-term resilience reforms to protect communities from these challenges.
- Push for Strata Insurance Reform Escalates After PICA's Withdrawal Threat
The debate over transparency in strata insurance has intensified following reports that PICA Group, Australia's largest strata management company, threatened to withdraw its membership from the Strata Community Association (SCA) New South Wales.
- NSW Strata Reforms Strengthen Maintenance Compliance Enforcement
The New South Wales (NSW) government has introduced a new tranche of strata reforms aimed at enhancing the maintenance and safety of apartment buildings across the state.
- CHU's 2025 Report Shows Stability in Strata Insurance Premiums Amid Climate and Regulatory Shifts
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.
- CHU Enhances Strata Insurance Capacity for Larger Developments
In response to the evolving landscape of strata developments in Australia, CHU, the nation's leading strata insurance underwriting agency, has significantly increased its capacity to underwrite individual strata risks.
- CHU Unveils Enhanced Residential Strata Insurance Policy
CHU, Australia's leading strata insurance underwriting agency, has recently launched an upgraded residential strata insurance policy aimed at providing more comprehensive protection for property owners and strata communities. This initiative underscores CHU's commitment to evolving with the needs of its customers by simplifying insurance processes and enhancing community resilience.
- ICA Advocates for Reforms to Victoria's Strata Legislation
The Insurance Council of Australia (ICA) has recently called for significant reforms to Victoria's strata legislation, highlighting 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.
- NSW Implements Strata Reforms to Strengthen Maintenance Compliance
The New South Wales (NSW) government has introduced a new tranche of strata reforms aimed at enhancing the maintenance and safety of apartment buildings across the state.
- ICA Advocates for Strata Law Reforms to Address Rising Insurance Costs in Victoria
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.
- CHU's 2025 Report Shows Stability in Strata Insurance Premiums Amid Climate and Regulatory Shifts
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.
- PICA Group Highlights Potential Risks to Strata Industry Viability
Bobby Lehane, CEO of PICA Group, has issued a cautionary statement regarding the future of the strata management sector in Australia. He emphasized that eliminating insurance commissions could pose a significant threat to the industry's viability, drawing parallels to the challenges faced by the aged care sector.
- CHU's 2025 Report Highlights Stability in Strata Insurance Premiums
In its recently released 2025 State of the Strata Market report, CHU, Australia's leading strata insurance underwriting agency, provides a comprehensive analysis of the current state of the industry. The report indicates that strata insurance premiums have experienced a modest increase of 2.
- ICA Advocates for Strata Law Reforms to Mitigate Rising Insurance Costs in Victoria
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.
- Strata Communities Endorse Call for Enhanced Resilience Reforms
Strata communities are at the forefront of Australia's resilience battle, facing escalating costs, declining coverage, and prolonged recovery periods following disasters. Strata Community Association Australasia (SCA) has expressed strong support for the Insurance Council of Australia's (ICA) recent call for coordinated, long-term resilience reforms to protect communities from these challenges.
- Strata Communities Endorse Call for Enhanced Resilience Reforms
Strata communities are at the forefront of Australia's resilience battle, facing escalating costs, declining coverage, and prolonged recovery periods following disasters. Strata Community Association Australasia (SCA) has expressed strong support for the Insurance Council of Australia's (ICA) recent call for coordinated, long-term resilience reforms to protect communities from these challenges.
- NSW Strata Commission Ban: A Catalyst for Industry Reform
The New South Wales (NSW) government's proposal to ban commissions on strata insurance has ignited a contentious debate between consumer advocacy groups and industry leaders. This reform aims to eliminate potential conflicts of interest and enhance transparency within the strata management sector.
- Queensland Strata Owners Advised to Leverage New Premium Reduction Programs
Strata property owners in North and Central Queensland are being encouraged to take advantage of newly introduced federal and state initiatives designed to reduce insurance premiums and enhance cyclone resilience. These programs offer financial incentives for property upgrades that can lead to significant savings on insurance costs.
- CHU's 2025 Report Shows Stability in Strata Insurance Premiums Amid Climate and Regulatory Shifts
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.
- ICA Calls for Strata Law Reforms to Address Rising Insurance Costs in Victoria
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.
- Sure Insurance Expands Strata Coverage to $20 Million to Enhance Affordability in Northern Queensland
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.
- CHU Unveils Enhanced Residential Strata Insurance Policy
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.
- Sure Insurance Boosts Strata Coverage to $20 Million
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.
- ICA Advocates for Strata Law Reforms to Mitigate Rising Insurance Costs in Victoria
The Insurance Council of Australia (ICA) has called for significant reforms to Victoria's strata legislation, citing a direct link between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians living in strata-titled properties, the need for effective management and oversight has become increasingly critical.
- CHU Enhances Strata Insurance Capacity for Larger Developments
CHU, Australia's leading strata insurance underwriting agency, has significantly increased its capacity to underwrite individual strata risks, now offering coverage up to $690 million.
- ICA Advocates for Strata Law Reforms to Mitigate Rising Insurance Costs in Victoria
The Insurance Council of Australia (ICA) has called for significant reforms to Victoria's strata legislation, citing a direct link between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians living in strata-titled properties, the need for effective management and oversight has become increasingly critical.
- APRA Implements Cap on High DTI Home Loans to Address Housing Market Concerns
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at mitigating risks in the housing market. Effective February 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting such loans to 20% of new home lending.
- CHU's 2025 State of the Strata Market Report: Key Insights for Property Owners
CHU, Australia's leading strata insurance underwriting agency, has released its 2025 State of the Strata Market report, providing a comprehensive analysis of current industry trends and challenges. The report indicates that strata insurance premiums have experienced a modest increase of 2.
- NSW Fair Trading Proposes New Powers to Ensure Strata Property Maintenance
The New South Wales (NSW) government has introduced a new tranche of strata reforms to parliament, aiming to enhance the maintenance and safety of apartment buildings across the state.
- Queensland Strata Owners: Act Now to Lower Your Insurance Premiums
Strata property owners in North and Central Queensland are being urged to take advantage of new federal and state initiatives designed to reduce insurance premiums and enhance cyclone resilience. These programs provide financial incentives for property upgrades that can lead to significant savings on insurance costs.
- Strata Living in Australia: A $1.4 Trillion Market and Growing
The insured value of strata properties in Australia has reached an estimated $1.4 trillion, underscoring the growing significance of strata living in the nation's housing landscape. This substantial valuation reflects the increasing number of Australians choosing strata-titled properties as their preferred mode of residence.
- CHU's 2025 Report: Strata Insurance Premiums Remain Stable Amidst Industry Shifts
CHU, Australia's largest 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.
- CHU's 2025 Report Highlights Stability in Strata Insurance Premiums
CHU, Australia's largest 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.
- NSW Strata Managers to Eliminate Insurance Commissions by 2026
The Strata Community Association New South Wales (SCA NSW) has announced a significant shift in the remuneration structure for strata managers. Effective January 1, 2026, members will begin phasing out insurance commissions in favour of a fee-for-service model.
- NSW Introduces Strata Law Reforms to Strengthen Community Governance
On 27 October 2025, the New South Wales (NSW) Government implemented significant reforms to strata laws, aiming to enhance transparency, accountability, and financial management within strata schemes. These changes are designed to better meet the evolving needs of strata communities across the state.
- Strata Insurance Affordability Holds Steady Despite Rising House Insurance Costs
In its 2025 State of the Strata Market report, CHU has revealed that strata insurance premiums have experienced a modest increase of 2.8%, rising to an average of $981 per lot in the year leading up to June 2025.
- Consumer Advocates Push for Ban on Strata Insurance Commissions in NSW
Consumer advocacy groups, including the Australian Consumers Insurance Lobby (ACIL) and the Owners Corporation Network (OCN), are urging the New South Wales (NSW) Government to implement a ban on commissions related to strata insurance.
- Sure Insurance Boosts Strata Coverage to $20 Million
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.
- CHU's 2025 Report Shows Stability in Strata Insurance Premiums Amid Climate and Regulatory Shifts
CHU 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.
- Queensland Strata Owners Advised to Leverage New Premium Reduction Programs
Strata property owners in North and Central Queensland are being encouraged to take advantage of newly introduced federal and state initiatives designed to reduce insurance premiums and enhance cyclone resilience. These programs offer financial incentives for property upgrades that can lead to significant savings on insurance costs.
- Strata Futures Report Proposes National Task Force for Industry Overhaul
The recently released Strata Futures Report has put forth a comprehensive set of 64 recommendations aimed at transforming Australia's strata industry.
- NSW Strata Managers Set to Eliminate Insurance Commissions by 2026
In a significant development for the strata management sector, the Strata Community Association New South Wales (SCA NSW) has announced a phased plan to eliminate insurance commissions for managing agents, commencing January 1, 2026. This initiative aims to bolster transparency and trust between strata managers and property owners.
- Netstrata's Insurance Practices Raise Industry Concerns
Recent revelations have cast a spotlight on Netstrata, a prominent strata management firm in Australia, for imposing insurance brokerage fees significantly higher than industry norms. This development has ignited a broader discussion about the need for transparency and reform within the strata management sector.
- PICA Group Highlights Potential Risks to Strata Industry Viability
Bobby Lehane, CEO of PICA Group, has issued a cautionary statement regarding the future of the strata management sector in Australia. He emphasized that eliminating insurance commissions could pose a significant threat to the industry's viability, drawing parallels to the challenges faced by the aged care sector.
- Queensland Strata Owners Advised to Leverage Initiatives for Premium Reduction
Strata property owners in North and Central Queensland are being encouraged to take advantage of new federal and state initiatives designed to reduce insurance premiums and improve cyclone resilience. These programs offer financial incentives for property upgrades that can lead to significant savings on insurance costs.
- QBE Faces Legal Action Over Misleading Discount Practices
The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against QBE Insurance, alleging that the insurer misled more than 500,000 customers regarding promised discounts on various insurance products between July 2017 and September 2022.
- Debate Intensifies Over Proposed NSW Strata Commission Ban
The New South Wales (NSW) government's proposal to ban commissions on strata insurance has ignited a contentious debate between consumer advocacy groups and industry leaders. This reform aims to eliminate potential conflicts of interest and enhance transparency within the strata management sector.
- Steadfast Group's Strata Insurance Practices Under Investigation
Steadfast Group, Australia's largest strata insurance broker, is currently under scrutiny following allegations that it misled customers by not disclosing more affordable insurance options from competitors.
- Netstrata's Practices Prompt Industry-Wide Strata Management Reforms
Recent investigations have brought to light concerning practices within Australia's strata management sector, particularly involving Netstrata, a prominent firm managing over 1,000 buildings and 35,000 apartments across New South Wales.
- Sure Insurance's $20 Million Strata Coverage Boosts Affordability in Northern Queensland
In a significant move to address insurance affordability and accessibility, Sure Insurance has expanded its residential strata insurance coverage to $20 million, up from the previous limit of $5 million.
- ICA Advocates for Strata Law Reforms to Mitigate Rising Insurance Costs in Victoria
The Insurance Council of Australia (ICA) has called for significant reforms to Victoria's strata legislation, citing a direct link between inadequate governance and escalating insurance premiums for residents. With approximately one in five Victorians living in strata-titled properties, the need for effective management and oversight has become increasingly critical.
