Insurance News Wrap

Paige Estritori presents the Weekly Insurance News Wrap, with practical lessons from Australian insurance disputes. The Australian Financial Complaints Authority ordered an insurer to pay nearly $432,000 for a flooded farmhouse claim, highlighting the challenges of repair estimates involving issues such as mould, asbestos and engineering work. Policyholders are encouraged to document damage, keep...

Paige Estritori presents the Weekly Insurance News Wrap from Financial Services Online. This episode examines a truck insurance dispute and the importance of providing accurate, complete information when arranging cover—and updating it when circumstances change. Vehicle use, drivers and where a truck is kept can affect policy terms and claim decisions. Keep copies of applications, policies, renewa...

Paige Estritori examines a truck insurance claim dispute and the importance of clear disclosure and good record-keeping. While details of the decision are unavailable, the discussion explains how questions about information provided, policy terms and vehicle use can affect a claim. Truck owners and businesses are encouraged to keep policy documents and communications, accurately describe how vehic...

Paige Estritori presents the Weekly Insurance News Wrap for October 26, 2026. This weeks focus is a dispute over a truck insurance claim, with limited information available about the policy, evidence or outcome. The key lesson is to provide accurate information when applying for or renewing insurance and keep records such as policy documents, correspondence, photographs and maintenance details. Tr...

In the latest episode of the Weekly Insurance News Wrap, the focus is on the Australian insurance industrys current challenges and changes. There is growing concern over the rising cost of business insurance, threatening the sustainability of many enterprises. Authorities have announced a crackdown on uninsured drivers, amidst increasing accident rates involving such drivers. In an encouraging shi...

This week's episode of the Weekly Insurance News Wrap hosted by Paige Estritori discusses key updates within Australia's insurance industry. The episode begins with a note on the rise in life insurance premiums nationwide, hinting at possible continuous increases over the next year. It then explores changes in motor insurance claims policies aimed at enhancing the customer experience but may also...

In this episode of the Weekly Insurance News Wrap, Paige Estritori discusses recent developments in the Australian insurance sector. Key topics include the importance of accuracy in insurance details for home service operators and the potentially serious ramifications of errors made, highlighted by a case of a food delivery business's claim being denied. The podcast also examines the rising issue...

In this Weekly Insurance News Wrap, Paige Estritori delves into crucial updates in the insurance sector. The podcast covers a comprehensive review of the Life Insurance Code of Practice focusing on mental health coverage. There's a call for Australians to critically assess the appropriateness of their income protection policies, particularly those related to mental health. The podcast also highlig...

In this episode, host Paige Estritori discuses critical changes in the Australian insurance industry. There is increasing focus on mental health coverage in the life and disability sectors, with a recent review by Peter Kell advocating for improved customer protection, clearer policies, and better communication. With mental health claims rising, Australians must scrutinize their policies for poten...

This episode of the Weekly Insurance News Wrap discusses important insurance-related developments. The episode begins with PSC Insurance Brokers making a significant investment in MA Insurance Brokers, highlighting the importance of expert advice in transport insurance. In the trade arena, QBE Insurance's plans to discontinue its standalone office and trade pack products call for caution during po...

This podcast by Paige Estritori for Financial Services Online provides vital insurance news for the week. It discusses the rising support in Australia for a shift from fuel excise to a distance-based model for road user charging, highlighting the potential impacts on truck operators and emphasizing the growing role of data in transport costs. Attention is brought to recent Australian Financial Com...

This podcast covers key updates and advice for the Australian insurance industry. Topics include the unclear cost differences between annual and installment payments for tradespeople's insurances, recent fines for Mercer Super due to member service issues, and the detection of the H5 bird flu in migratory seabirds in New South Wales and Western Australia that warrants biosecurity review by farm op...

This episode of the Weekly Insurance News Wrap features a comprehensive review of strata insurance broking by the National Insurance Brokers Association due to transparency and governance concerns. In light of findings from a large-scale investigation, the episode emphasizes the need for improved standards in the sector, including detailed broker agreements and transparent fee disclosures. In addi...

In this week's Australian insurance news wrap, the Australian Prudential Regulation Authority (APRA) will be publishing cyber insurance and management liability data for increased transparency. Meanwhile, New South Wales is questioning the affordability of the Emergency Services Levy. The Insurance Council of Australia is advocating for a fairer distribution of emergency services costs. Also, PSC...

In this week's insurance news in Australia by Financial Services Online, PSC Insurance Brokers' investment in MA Insurance Brokers shows a trend towards sector specialisation with potentially better tailored options for transport operators. The Australian Financial Complaints Authority highlighted the importance of careful reading of insurance policy details with a case denied over precise policy...

In this edition of the Weekly Insurance News Wrap, host Paige Estritori presents key updates from the insurance industry. A primary focus is the independent review of Australia's Life Insurance Code of Practice by Peter Kell, emphasizing mental health fairness and claims handling reform. With 85 recommendations, the report signifies potential shifts in industry standards and insurer obligations. F...

On Financial Services Online Weekly Insurance News Wrap, Paige Estritori discusses new developments in the insurance sector. The Insurance Council of Australia has redrafted the General Insurance Code of Practice, with a focus on expert reports, cash settlements and claims standards. However, certain coverages, such as liability and workers' compensation, may be excluded from its provisions. AI ri...

This episode of the Weekly Insurance News Wrap explored artificial intelligence's growing relevance in Australian boardrooms, as posited by Clyde & Co's Corporate Risk Radar 2026. The report stresses on strengthening AI governance and scrutinizing insurance policies for AI-related exclusions. Additionally, Vero Insurance debuted a residential strata insurance product in select northern regions, in...

This week's Financial Services Online podcast with Paige Estritori covers significant events in the Australian insurance industry. There are major takeaways from a ruling involving QBE where a business received a lower payout due to a policy's portable items limit. Tradespeople are urged to scrutinize policy specifics and maintain clear records. A shift in focus is signified by a Full Federal Cour...

In this week's episode of Financial Services Onlines Weekly Insurance News Wrap, host Paige Estritori discusses key industry topics. The Full Federal Court's ruling on policy wording concerning HCF Life stressed the need for precise policy wording and consumer knowledge. Home and business owners grappling with high cyclone insurance premiums may find relief as the ACCC's report indicates premium r...

This episode of the Weekly Insurance News Wrap, hosted by Paige Estritori, discusses recent changes in the insurance sector. Featured topics include service delays in the life insurance sector, the new draft of the General Insurance Code of Practice from the Insurance Council of Australia, which aims to improve customer protection, and its potential impacts on boat insurance. The episode also cove...

In this episode of the Weekly Insurance News Wrap, host Paige Estritori discusses major advancements in the Australian insurance industry, including a draft General Insurance Code of Practice unveiled by the Insurance Council of Australia. The draft proposes key obligations that will be legally enforceable, including automatic acceptance of certain claims after 12 months, diamond standard standard...

In the latest episode of Financial Services Online's Weekly Insurance News Wrap, host Paige Estritori discusses key Australian insurance industry happenings. She first addresses the New South Wales budget's impact on the Emergency Services Levy, creating increasing premiums and resultant calls for reform. The reforms seek to develop a property-based system for better fairness and affordability, es...

This week on Financial Services Online's podcast with Paige Estritori, important updates in Australia's national insurance landscape are discussed. The Heavy Vehicle National Law is seeing major changes, placing emphasis on safety, driver fitness, and risk management. Evidence-based policies and insurance are more tightly linked now and proactive risk management is key. The Victorian government is...

In this week's episode of Weekly Insurance News Wrap, host Paige Estritori discusses the reform of Victoria's owner corporation, which questions strata insurance commissions and aims to promote transparency in insurance costs. The government, however, is cautious about this change due to concerns over potential cost shifts and possible downturns in advice provision. Meanwhile, the General Insuranc...