The podcast from Financial Services Online presents key industry news. It covers a case of non-disclosure by a Maserati owner which resulted in claim dismissal by QBE Insurance due to undisclosed previous traffic offenses. The Australian Prudential Regulation Authority reports insurance companies have successfully reduced household insurance losses - the net earnings for the industry showed a significant increase in the March quarter, up to $1.41 billion. Overseas, a serial fraudster was sentenced in the UK for lodging fraudulent home insurance claims. Finally, the Motor Trades Association, with the Motor Body Repairers Association issued new guidelines to help collision repair businesses handle insurance requests for non-genuine parts, focusing on policy compliance and customer safety.n

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