On this episode of the Weekly Insurance News Wrap, we discuss critical news impacting the Australian insurance industry. We cover a shocking case from New Zealand about a former broker, Murray McClune, sentenced for embezzling $NZ1.7 million from his clients. In Australia, state insurer icare is investigating potential underpayments in workers compensation claims, affecting around 9,400 claims. In the health insurance sector, mental health-related claims are dramatically increasing and now make up nearly one-third of all TPD claims. This episode also highlights ongoing legal action initiated by ASIC against Australian Super for prolonged delays in death benefit claims. The coverage concludes with a reminder for superannuation members to carefully review their fund's policies.

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