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 on Insurance Online News, Paige Estritori covers a deepening soft market across several commercial lines and why its a good time to compare policies. NSWs Emergency Services Levy review moves ahead, with a committee due to report by 18 November. Regulators flag AI‑driven scam risks, and a recent case shows some travel scams arent covered due to exclusions—prompting checks on policies and cyber protections. Finally, Cyclone Maila is tracking towards Far North Queensland, so listeners are urged to review storm plans and policy details. Visit insuranceonline.com.au for free quotes and broker support.
Hello and welcome to Insurance Online News with Paige Estritori, its Thursday, 9 April 2026.
First up, commercial insurance conditions keep softening. A fresh market outlook says were firmly in a soft phase, with capacity improving and prices easing across several lines, including corporate property, financial lines, cyber and liability. For businesses, that means its a good moment to compare cover, check terms and deductibles, and see if a broker can help lock in value while conditions are friendly.
Meanwhile in New South Wales, the push to overhaul the Emergency Services Levy, or ESL, has advanced. A new parliamentary committee will examine options to shift funding off insurance bills and report by 18 November. Nothing changes yet, but if reform proceeds it could reduce the levy load on insured property. If youre budgeting for renewals in NSW, keep an eye on this timeline and review your sums insured and excesses so youre not paying for gaps you dont need.
On scams and cyber risk, regulators warn artificial intelligence is supercharging online fraud, with thousands of fake investment and phishing sites taken down in the past year. And in a recent complaint ruling, a traveller caught by a fake online agent wasnt covered because the policy excluded booking errors and scams. The message for households and small businesses is simple: verify vendors before you pay, enable multi‑factor authentication, and read exclusions carefully—especially around scams, social engineering and invoice redirection. If you handle client payments, ask a broker about cyber and crime cover options so youre not relying on assumptions.
And a quick weather risk heads‑up: Severe Tropical Cyclone Maila is tracking towards Far North Queensland and could cross the coast as early as Friday 10 April or into early next week. Nows the time to review your home or business storm plan, secure loose items, check temporary closure procedures, and confirm your policys cyclone excess and emergency‑repairs process.
Thats it for this week. For fast, free quotes and expert broker support across personal and business insurance, head to insuranceonline.com.au. Im Paige Estritori—thanks for listening, and stay insured, Australia.
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.
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Knowledgebase
Indemnity: A legal principle that stipulates that insurance policies should restore the insured to the financial position they were in before the loss.
