In this week's insurance news, the Australian Prudential Regulation Authority reports a positive shift in the industry with a decrease in short-tail household insurance losses and increased profits in the March quarter. The domestic and commercial motor insurance sectors show a similar pattern. RAA Insurance plans to boost operations in South Australia. A focus on fraudulent activities highlights the case of Joel Mtebe, convicted for fraudulent home insurance claims made to RSA Insurance. The Motor Trades Association and Motor Body Repairers Association issue guidelines to regulate use of non-genuine parts in collision repairs, emphasizing policy compliance and customers' safety. The Council of Australian Life Insurers introduces ReCALIbrate program, providing mentorship and financial assistance to female advisors. Visit Financial Services Online for more updates on the insurance sector.

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