Insurance News from Insurance Finder Australia

Insurance Finder Australia is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

Sphere Liquidation Highlights Why Broker Due Diligence Matters

19 Jun 2026: Paige Estritori

The liquidation of authorised representative network Sphere Insurance Group has put broker governance and client continuity back under the spotlight. According to early estimates reported by Insurance News, the failed network could owe more than $11 million to creditors, including insurers, underwriting agencies and a secured lender. The figures are preliminary and based on company records, with the liquidator still investigating the group’s financial position. - read more

ASIC Initiates Legal Action Against RACQ for Misleading Renewal Notices

12 Jun 2026: Paige Estritori

The Australian Securities and Investments Commission (ASIC) has commenced Federal Court proceedings against the Royal Automobile Club of Queensland (RACQ), alleging that the insurer disseminated more than 500,000 misleading insurance renewal notices to its customers. This action underscores the regulator's commitment to ensuring transparency and fairness within the insurance sector. - read more

Unprecedented Rise in Mental Health TPD Claims Highlights Need for Prompt Super Fund Payouts

12 Jun 2026: Paige Estritori

Australia is experiencing an unprecedented surge in mental health-related Total and Permanent Disability (TPD) claims, prompting consumer advocates to call for superannuation funds to expedite insurance payouts for individuals affected by mental illness. - read more

Zurich's Acquisition of ClearView Wealth Gains ACCC Approval

05 Jun 2026: Paige Estritori

The Australian Competition and Consumer Commission (ACCC) has granted approval for Zurich Financial Services to acquire ClearView Wealth, a move that signifies a notable consolidation within the Australian insurance industry. This acquisition is poised to reshape the competitive landscape, with potential implications for policyholders and the broader market. - read more

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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.

Insurance Articles

Understanding Your Family Insurance Needs

In the hustle and bustle of everyday life, securing the future of your family might not always be on the top of your list. However, understanding and obtaining the right insurance is crucial for your family's security. Life can be unpredictable, and having the appropriate coverage can provide peace of mind and financial stability when unexpected events occur. - read more

The Importance of Life, Trauma and Income Protection Insurance for Families

When it comes to protecting your family's financial future, understanding the basics of life, trauma, and income protection insurance is crucial. These insurance types provide a safety net during challenging times and offer peace of mind for families. - read more

How to Choose the Right Insurance Broker for Your Business

Choosing the right insurance broker is a crucial decision for your business. A good broker serves as an invaluable partner, helping you navigate the complex world of insurance. - read more

Understanding the Different Types of Business Insurance: What You Need to Know

In the dynamic and often unpredictable world of business, risks and uncertainties are part of the journey. For small business owners in Australia, navigating these challenges can seem daunting. - read more

Knowledgebase

Grace Period:
A set amount of time after the premium is due during which a policyholder can make a payment without the insurance coverage lapsing.

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