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Insurance News

Ocean Underwriting Introduces Tailored Liability Solutions for High-Risk Occupations
Ocean Underwriting Introduces Tailored Liability Solutions for High-Risk Occupations
29 Apr 2026: Paige Estritori
Ocean Underwriting has unveiled a new facility designed to support complex or hard-to-place liability risks, particularly targeting higher-hazard occupations with unique exposures. This initiative aims to provide tailored insurance solutions that address the specific needs of businesses operating in challenging sectors. - read more
Surge in Professional Indemnity Claims Hits Financial Services Sector
Surge in Professional Indemnity Claims Hits Financial Services Sector
29 Apr 2026: Paige Estritori
The financial services industry is currently experiencing a significant uptick in professional indemnity (PI) claims, a trend largely attributed to heightened regulatory scrutiny and enforcement actions by the Australian Securities and Investments Commission (ASIC). This development has substantial implications for financial professionals and their insurers. - read more
ICA Advocates for Overhaul of Civil Liability Laws Amid Rising Insurance Costs
ICA Advocates for Overhaul of Civil Liability Laws Amid Rising Insurance Costs
29 Apr 2026: Paige Estritori
The Insurance Council of Australia (ICA) has recently highlighted the pressing need for reforms to civil liability laws, citing outdated legislation, escalating legal costs, and bureaucratic red tape as primary contributors to the rising insurance expenses faced by small businesses across the nation. - read more
ICA Advocates for Legal Changes to Ease Small Business Insurance Burden
ICA Advocates for Legal Changes to Ease Small Business Insurance Burden
21 Apr 2026: Paige Estritori
The Insurance Council of Australia (ICA) has recently highlighted the pressing need for legal reforms to alleviate the escalating insurance premiums burdening small businesses across the nation. In a submission to the Parliamentary Joint Committee's inquiry into small business insurance, the ICA outlined several key areas requiring immediate attention. - read more
Legal Professionals Oppose Proposed Caps on Legal Fees in Liability Cases
Legal Professionals Oppose Proposed Caps on Legal Fees in Liability Cases
21 Apr 2026: Paige Estritori
The Australian Lawyers Alliance (ALA) has recently expressed strong opposition to the Insurance Council of Australia's (ICA) proposal to implement caps on legal fees in liability cases. This proposal is part of the ICA's broader agenda to address the rising insurance premiums affecting small businesses across Australia. - read more
Business Insurance Articles

Navigating Public Liability Insurance for Event Organizers: A Must-Read Guide
Navigating Public Liability Insurance for Event Organizers: A Must-Read Guide
Event organizing can be an exhilarating adventure, teeming with creativity and collaboration. However, with the buzz of activity and the gathering of crowds comes a significant responsibility to ensure the safety and well-being of attendees, staff, and the venue itself. This is where Public Liability Insurance becomes a pivotal part of an event organizer's toolkit. - read more
How to Choose the Right Public Liability Insurance Policy for Your Business
How to Choose the Right Public Liability Insurance Policy for Your Business
When it comes to running a business, safeguarding your financial well-being against unforeseen events is crucial. Public Liability Insurance (PLI) is designed to protect your business from the financial risks associated with claims of property damage, personal injury, or death caused to third parties due to business activities. Understanding this shield of security is the first line of defense in a world where accidents and mishaps are not just possible but often probable. - read more
Top Mistakes to Avoid When Choosing Public Liability Coverage
Top Mistakes to Avoid When Choosing Public Liability Coverage
Public liability insurance stands as a crucial safeguard for businesses, shielding them from the financial repercussions of legal claims. These claims can arise when members of the public suffer damages or injuries in connection with a business's operations. Understanding the basics of this coverage is not just a matter of legal compliance for many businesses, but a proactive step in asset protection. - read more
Understanding Public Liability Insurance: A Must-Have for Aussie Businesses
Understanding Public Liability Insurance: A Must-Have for Aussie Businesses
For any Australian business, the unforeseeable mishaps that can occur daily pose potential risks not only to operational continuity but also to financial stability. At the core of a strategic risk management plan lies the essential protective layer of public liability insurance, a shield safeguarding businesses from the legal and financial repercussions of accidents and injuries that may happen on their premises, or as a result of their operations. - read more
Essential Public Liability Coverage for Gym and Fitness Center Owners
Essential Public Liability Coverage for Gym and Fitness Center Owners
Running a gym or fitness center comes with unique responsibilities, especially when it comes to providing a safe environment for clients. In this dynamic space, where individuals engage in activities that may pose risks, it is imperative for gym owners to understand the importance of public liability insurance. This type of coverage is a cornerstone for safeguarding your business against claims arising from accidental injuries or property damage to third parties. - read more

Knowledgebase
Loss of Use:
Insurance coverage that pays for the additional living expenses if your home is uninhabitable due to a covered loss.