ICA

ICA ‘carefully considering’ stakeholder feedback on General Insurance Code review

August 31 2026

The council says it is weighing changes that deliver benefits without unintended consequences for consumer outcomes, pricing and market competition.

ACCC moves to block ICA's standardised home policy terms proposal

August 7 2026

The regulator said proposed standard definitions for key home insurance terms could reduce competition while public benefits remain uncertain.

Sydney Opera House and Harbour Bridge in Australia with tourists and seagulls.

Australia's redrafted general insurance code risks ASIC rejection, code committee warns

August 5 2026

The General Insurance Code Governance Committee said the proposed code would curb its powers to investigate and weaken protections for consumers.

White Tesla Model X with falcon wing doors raised, a man sits in the driver’s seat inside a showroom.

ICA calls on government to require carmakers to sell parts to independent repairers

July 10 2026

Industry body says broader Right to Repair reforms would help curb repair costs and reduce upward pressure on motor insurance premiums.

Sydney Harbour Bridge arching over blue water with the Opera House and city skyline in the distance

ICA opens consultation on code overhaul to bind commitments to consumer contracts

June 24 2026

The proposed code would introduce contractually enforceable obligations, automatic acceptance of certain claims after 12 months, and expanded protections for vulnerable customers.

Residential street severely flooded; water covers yards and fence, a white truck sits in the distance among submerged trees under a cloudy sky.

ICA says NSW budget proves case for emergency levy reform

June 23 2026

The Insurance Council of Australia says insurance customers are projected to contribute more through the Emergency Services Levy than previously forecast, as consultation on reform continues.

Aerial view of a sunlit suburban neighborhood with tree-lined streets and houses throughout the area.

ICA home insurance standardisation plan faces pushback from industry and consumer groups

June 15 2026

Industry bodies have criticised the ICA’s proposal, warning the "flawed" changes will strip away legal protections and fuel consumer confusion.

ICA, ICNZ formalise resilience alliance as disaster costs rise

June 5 2026

The initiative creates a structured framework for collaboration on risk reduction, policy advocacy and regulatory matters.

Victoria drives rise in Australia's motor theft claims as insurance losses hit A$243m

June 4 2026

National theft claims would have fallen 10% in 2025 without Victoria's surge, ICA data shows.

extending-cslr-levies-general-insurers-force-policyholders-subsidise-loses-ica

Extending CSLR levies to general insurers would force policyholders to subsidise losses — ICA

May 26 2026

The Insurance Council of Australia has urged Treasury to focus Compensation Scheme of Last Resort reforms on addressing misconduct and structural issues rather than broadening industry levies.

tasmania-pivots-tasinsure-from-state-insurer-to-government-owned-not-for-profit-authority

Tasmania pivots TasInsure from state insurer to government-owned authority

May 14 2026

The reworked model will now focus on market interventions for hard-to-insure risks, rather than competing directly with insurers.

Australia’s average nat cat claim climbs 39% in 2025 as ICA lifts loss estimate to A$4.8bn

April 21 2026

Late-year storms and rising costs add to Australian insurers’ extreme weather bill, with Queensland accounting for A$4.1bn of insurance losses.

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25 September