In this episode of Financial Services Online's Weekly Insurance News Wrap, we discuss the investigation into underpaid workers compensation claims led by The State Insurance Regulatory Authority (SIRA) involving the NSW's largest insurer, icare. The effects of a rise in mental health-related permanent disability claims on the insurance industry and the amount paid in claims last year are also highlighted. Legal actions initiated by the Australian Securities and Investments Commission (ASIC) against Australian Super for delayed death benefit claims, and QBE for misleading offers made to customers, are discussed. Listeners are advised to consistently verify their insurance benefits, stay informed about their superannuation fund policies and seek professional financial consultation if required. The podcast concludes by underlining the importance of staying updated on the shifting landscape of the Australian insurance industry.

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