The official X account of the Insurance Council of Australia, the representative body of the general insurance industry in Australia.
Joined September 2010
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🚗A car is stolen or broken into in Victoria every 42 minutes According to new analysis released today by @ICAUS, motor vehicle theft claims have again surged in Victoria while declining in every other state. Change is possible. 🔎 Click in comments to read more
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Read more: insurancecouncil.com.au/vict…
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In its submission to Treasury's options paper on CSLR sustainability, @ICAUS has called for targeted structural reform of the Compensation Scheme of Last Resort (CSLR), warning that funding fixes alone will not deliver the sustainable scheme that consumers & industry need.
insurancecouncil.com.au/reso…
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Workers’ comp is mandatory for Australian employers but the cost pressures behind the system are growing fast. Our new report unpacks how workers’ compensation schemes vary across Australia, what’s driving rising premiums & more complex claims, & why coordinated reform matters for workers, employers & long-term sustainability. Read more — link in comments.
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Read the report here: insurancecouncil.com.au/wp-c…
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Media Release: Tasmanian Gov must focus on root causes of insurance costs insurancecouncil.com.au/reso…
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@ICAUS & insurers will host one‑on‑one consultations in coming weeks in regional Victoria for policyholders impacted by the severe bushfires in January. Book here: app.acuityscheduling.com/sch…
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You can read more in our media release: insurancecouncil.com.au/reso…
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Local governments need urgent funding to build flood defences against worsening extreme weather, the @ICAUS has told a federal parliamentary inquiry.
🔗Media release: Insurers call for flood defence funding boost for frontline councils insurancecouncil.com.au/insu…
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New analysis from @ICAUS shows extreme weather generated $4.8 billion in insured losses in 2025, with more than $4.1 billion of that coming from Queensland alone.
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Media release - Hail events push extreme weather costs to $4.8 billion in 2025: bit.ly/4mDOhpI
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Today nearly 30 industry groups, including @ICAUS called on the government to cut red tape by 25% by 2030 to lower costs. Regulatory compliance costs Australia $160B a year – more than Medicare & school education combined. For insurance alone, it's $3.5B. A 25% cut means real relief for consumers.
🔎 Click in comments to read more.
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Joint media release: Alliance of Industry Associations calls for 25% red tape reduction to lower costs bit.ly/42dO6bk
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On 29 & 30 April, @ICAUS & #insurers are hosting one-on-one consultations in Port Pirie to assist customers affected by the severe storms that hit the region in late November 2025. Book here: app.acuityscheduling.com/sch…
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You can read more in our media release: insurancecouncil.com.au/reso…
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@ICAUS welcomes Qld’s proposed crackdown on dangerous e-mobility devices. Under the Bill, devices exceeding 25km/h would be reclassified as motorbikes & may require registration & CTP insurance. Non-compliant devices would be banned from roads & public spaces. 🔎 Click in comments to read more
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The media release is here: insurancecouncil.com.au/reso…
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The recent announcement from Jessica Stojkovsk (@JStojkovskiMLA ), WA’s Assisting Minister Transport on WA's crash towing reforms under the Towing Services Act 2024 is an important step for consumer protection.
However, @ICAUS believes the Act can go further – heavy vehicle towing remains out of scope, with fees up to 10x other jurisdictions. Caps on secondary tows & coverage & expansion of regulations beyond Perth & Peel are also needed.
🔗Read more: wa.gov.au/government/media-s…
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