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Under the new regulations, underwriters are mandated to process clear commercial truck and vehicle accident settlements within a strict 21-day window. This move is expected to expedite claims processing and provide much-needed relief to businesses relying on commercial vehicles.
For self-employed professionals who depend on commercial vehicles for their operations, APRA's intervention offers a reprieve from escalating insurance costs. However, it's essential for freelancers to stay informed about regulatory changes and ensure their insurance coverage remains adequate and compliant with the latest standards.
Published:Tuesday, 28th Apr 2026
Author: Paige Estritori
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