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Insurance News from Truck Insurance Online

Truck Insurance Online is pleased to present the latest financial news headlines.

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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

PSC Move Signals Stronger Competition in Transport Insurance Broking
PSC Move Signals Stronger Competition in Transport Insurance Broking
07 Jul 2026: Paige Estritori
PSC Insurance Brokers’ investment in MA Insurance Brokers is a timely reminder that specialist transport insurance advice is becoming increasingly valuable in a tighter, more complex market. The deal, announced in late June 2026, sees MA begin operating as PSC Transport Insurance Brokers, while founders Barry Mathison and Mariann Illyes retain an equity stake and continue leading the business as managing principals. - read more
New Heavy Vehicle Law Puts Safety Systems Under the Insurance Spotlight
New Heavy Vehicle Law Puts Safety Systems Under the Insurance Spotlight
23 Jun 2026: Paige Estritori
Australia’s updated Heavy Vehicle National Law is moving from policy discussion to operational reality, with the new framework scheduled to commence on 1 August 2026 in HVNL-participating states and territories. For transport operators, this is more than a compliance calendar item. It is a signal that safety systems, driver fitness, fatigue controls and record-keeping will carry greater weight when insurers assess risk, price cover and review claims. - read more
ACCC Halts IAG's Acquisition of RAC WA's Insurance Division
ACCC Halts IAG's Acquisition of RAC WA's Insurance Division
16 Jun 2026: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has intervened to prevent Insurance Australia Group (IAG) from acquiring the insurance operations of the Royal Automobile Club of Western Australia (RAC WA). The proposed $1.35 billion transaction raised significant competition concerns, prompting the ACCC to act in the interest of consumers and the broader insurance market. - read more
Broker Held Accountable for Denied Truck Damage Insurance Claim
Broker Held Accountable for Denied Truck Damage Insurance Claim
16 Jun 2026: Paige Estritori
The Australian Financial Complaints Authority (AFCA) has determined that a broker breached its duty of care, resulting in the denial of a truck damage claim due to the driver's inexperience. This case underscores the critical importance of brokers thoroughly understanding and communicating policy exclusions to their clients. - read more
Daimler Truck and Geico Introduce Telematics-Based Insurance for Freightliner and Western Star
Daimler Truck and Geico Introduce Telematics-Based Insurance for Freightliner and Western Star
16 Jun 2026: Paige Estritori
Daimler Truck Financial Services and Geico Insurance have partnered to launch 'Connected Insurance,' a data-driven, telematics-based program designed to assist Freightliner and Western Star owner-operators and small fleets in reducing their commercial vehicle insurance costs while promoting safer driving practices. - read more

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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Truck Insurance Articles

The Top Mistakes to Avoid When Purchasing Truck Insurance
The Top Mistakes to Avoid When Purchasing Truck Insurance
Truck insurance is a necessary expense for any business that relies on commercial vehicles. It is crucial to protect your business from any financial loss that could result from an accident, theft or any other unforeseen circumstances. - read more
Why truck owners need a specialist insurance broker
Why truck owners need a specialist insurance broker
Truck owners require insurance cover that can protect them from unexpected financial loss. However, finding the best coverage and policies can be a daunting task, especially for truck owners who are not familiar with insurance policies and coverage requirements. This is why truck owners need the services of a specialist insurance broker who can guide them through the process of finding the right insurance coverage. - read more
Top 5 Mistakes Truck Owners Make When Filing Insurance Claims
Top 5 Mistakes Truck Owners Make When Filing Insurance Claims
Owning a truck in Australia comes with its own set of responsibilities, and one of the most crucial of these is ensuring that you have the right insurance coverage. Truck insurance is not just a legal requirement but a safety net that protects your investment and livelihood against unforeseen events. - read more
What to Do If You Need to Make a Claim on Your Truck Insurance
What to Do If You Need to Make a Claim on Your Truck Insurance
Truck insurance is a critical aspect of owning a truck, but it can be overwhelming when you need to make a claim. Whether you're an owner-operator or a fleet manager, knowing what to do in case of an accident or damage can make a significant difference in the outcome of your claim. - read more
Essential Guide: Navigating Exclusions in Your Truck Insurance Policy
Essential Guide: Navigating Exclusions in Your Truck Insurance Policy
When it comes to truck insurance policies, exclusions are clauses that outline what is not covered. These are specific scenarios, conditions, or perils where coverage is denied. Understanding what an exclusion is helps you know the boundaries of your insurance, ensuring you're well-prepared against unexpected financial burdens. - read more

Knowledgebase
Insurance broker:
An agent acting on behalf of the insured (not the insurance company) who negotiates the terms and cover provided by the insurer in the insurance policy.