In this week's episode of the Weekly Insurance News Wrap, host Paige Estritori discusses the controversial legal dispute over a $29,000 credit hire bill, involving NRMA and Thomas Rossi, which has been further complicated following a court verdict reconsideration. Exploring AI's industry impact, Estritori reviews the revolutionary benefits of AI in life insurance, as presented by Matthew Kiernan, CEO of Neuroscience Research Australia, at the Sydney Online Summit. Kiernan introduces Alzheimer's detection through blood samples as a cost-effective diagnostic method. QBE Insurance's successful AI integration in underwriting activities is highlighted, demonstrating tremendous efficiency improvements. Lastly, there are anticipations about potential flood safeguards and legislative changes to be proposed by the upcoming report on the inquiry into the insurance industry's response to the 2022 floods.n

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