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Insurance News

Mackay Sugar Cyber Incident Highlights a New Risk for Farm Businesses
Mackay Sugar Cyber Incident Highlights a New Risk for Farm Businesses
19 Jun 2026: Paige Estritori
A reported ransomware incident affecting Mackay Sugar has put agricultural cyber risk back in the spotlight, this time with a clear lesson for producers who depend on processors, contractors and shared infrastructure. ABC Rural reported on 18 June 2026 that a Russian-speaking ransomware operation known as The Gentlemen had claimed responsibility for a cyber attack that disrupted two Mackay Sugar mills, with the company working to verify the claim and restart Farleigh and Racecourse mills in stages. - read more
What the 2026 Hearing Services Update Means for Allied Health Cover
What the 2026 Hearing Services Update Means for Allied Health Cover
19 Jun 2026: Paige Estritori
The Australian Government has released the Hearing Services Program Provider Notice 2026-4, confirming that the updated Schedule of Service Items and Fees 2026-27 is now available. While the notice is highly specific to hearing service providers, it carries a broader message for allied health businesses: regulatory changes rarely sit neatly in one folder. They can affect billing, consent, scope of practice, client communications and, ultimately, the way professional risks are insured. - read more
What Broker Breach Reporting Means for Fitness Professionals
What Broker Breach Reporting Means for Fitness Professionals
19 Jun 2026: Paige Estritori
New broker compliance data has put a spotlight on an issue that matters to every fitness professional who relies on public liability, professional indemnity or broader business insurance: renewal timing and communication. On 18 June 2026, Insurance Business reported that the Insurance Brokers Code Compliance Committee`s 2025 Annual Data Report recorded 5,417 breaches of the Insurance Brokers Code of Practice affecting 14,842 clients. - read more
Late Insurance Renewals Put Consultant Cover in the Spotlight
Late Insurance Renewals Put Consultant Cover in the Spotlight
19 Jun 2026: Paige Estritori
Australian consultants rely on timely, accurate insurance renewals to keep professional indemnity, public liability and other business covers aligned with current contracts. A recent annual compliance update from the insurance broking sector has underlined why renewal discipline matters: missed or late renewal contact was reported as the leading category of broker code breaches for the past year. - read more
Why GIS Project Tracking Matters for Construction Insurance
Why GIS Project Tracking Matters for Construction Insurance
19 Jun 2026: Paige Estritori
Build Australia’s latest construction technology coverage, published on 16 June 2026, highlights how geographic information systems, or GIS, are moving beyond digital mapping to become a practical project tracking tool for modern construction sites. The report frames GIS as a way to connect dispersed teams, complex schedules, site conditions and operational data into a shared spatial view, helping project leaders make faster and better-informed decisions. - read more
Life Insurance Articles

Protecting Your Loved Ones: The Role of Life Insurance in Estate Planning
Protecting Your Loved Ones: The Role of Life Insurance in Estate Planning
Estate planning is a process that involves the management and distribution of an individual's assets and responsibilities in the event of their passing or incapacitation. It is an essential part of financial planning that ensures your assets are managed according to your desires and your loved ones are taken care of. - read more
Understanding Various Life Insurance Types: Which One is Right for You?
Understanding Various Life Insurance Types: Which One is Right for You?
Financial security is one of the most important aspects of modern family life. Ensuring that loved ones are protected and well-supported in the event of an untimely death is a fundamental concern for many Australians. - read more
How Much Life Insurance Do You Really Need? A Family's Guide to Assessment
How Much Life Insurance Do You Really Need? A Family's Guide to Assessment
Life insurance is one of those cornerstones of financial planning that often gets overlooked. Yet, the importance of life insurance in safeguarding your family's future cannot be overstated. It's a robust financial instrument that provides peace of mind, knowing that your loved ones will be financially secure in the event of your untimely passing. This introductory section lays the groundwork for understanding why life insurance is pivotal in your family's financial health. - read more
Securing Your Family's Future: How Life Insurance Offers Peace of Mind
Securing Your Family's Future: How Life Insurance Offers Peace of Mind
Life is a tapestry of precious moments, each framed by the inevitable uncertainty that the future holds. The awareness that our paths are peppered with unpredictability can often cast a shadow of concern, affecting how we cherish the present. For many, the well-being of family remains the cornerstone of life's purpose, driving the need for a foundation that offers stability and reassurance in the face of life's unexpected challenges. - read more
Single or Married: How Life Insurance Needs Vary Across Different Life Stages
Single or Married: How Life Insurance Needs Vary Across Different Life Stages
Life insurance is a financial product that provides a lump sum payment to your beneficiaries in the event of your death. It is designed to offer financial security by covering debts, daily living expenses, and future financial obligations. - read more

Knowledgebase
Replacement Cost:
The amount it would cost to replace or rebuild an insured asset with one of similar kind and quality, without depreciation.