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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

Understanding the Key Factors That Influence Truck Insurance Pricing in Australia
Understanding the Key Factors That Influence Truck Insurance Pricing in Australia
In Australia, trucking plays a vital role in keeping the economy on the move, often covering vast distances across the country. Therefore, securing the right truck insurance is not just a legal requirement but also a financial safeguard for operators and businesses. Truck insurance provides coverage for risks associated with operating commercial vehicles, protecting against damages, theft, and liability. - read more
Comparing Truck Insurance: What to Look For Beyond the Price Tag
Comparing Truck Insurance: What to Look For Beyond the Price Tag
The trucking industry serves as a critical artery in the economy, propelling goods and services across the nation. Truck owners and operators face unique challenges on the road, where every delivery is met with potential risks. Recognizing these hazards is the first step toward securing not just your vehicle, but your livelihood as well. - read more
Investing in Your Fleet: When to Buy New Trucks Vs. Repairing Old Ones
Investing in Your Fleet: When to Buy New Trucks Vs. Repairing Old Ones
Managing a fleet of trucks is a complex endeavor that marries mechanical savvy with acute financial acumen. Every truck owner and operator in Australia grapples with the high-stakes decision of whether to invest in new vehicles or to repair and maintain their existing fleet. This predicament is not just about vehicle performance. It's a significant financial consideration that impacts the bottom line of any transport-centric business. - read more
Understanding Your Coverage: Tips for Truck Insurance Claims in Australia
Understanding Your Coverage: Tips for Truck Insurance Claims in Australia
Trucking across the diverse landscapes of Australia comes with its unique set of challenges and risks. As the lifeline of the Australian economy, the trucking industry faces various hazards, from long-haul fatigue to unpredictable weather conditions. Understanding truck insurance and the complexities of its claims process is vital for anyone operating within this essential sector. - read more
5 Tips for Finding the Most Cost-Effective Truck Insurance in Australia
5 Tips for Finding the Most Cost-Effective Truck Insurance in Australia
For truck owners and operators traversing the unique and varied landscapes of Australia, securing the right insurance isn't just a regulatory necessity—it's a vital component of their business's livelihood. The heavy haulage industry faces distinctive challenges and risks, from navigating narrow country roads to complying with strict transport regulations, each requiring tailored insurance solutions. Understanding the critical balance between comprehensive coverage and cost-effectiveness can mark the difference between business stability and financial vulnerability in an already competitive market. - read more

Knowledgebase
Flood Insurance:
A specific type of property insurance that covers losses and damage caused by flooding.