Listen "Sun, 20th Jul 2025"
Episode Synopsis
This episode of the Weekly Insurance News Wrap discusses key topics concerning the insurance industry in Australia. The program starts with an AFCA ruling in favor of a policyholder in a storm damage dispute case against Auto & General, highlighting the importance of robust evidence in claims assessments. The rise of residential solar panels and battery systems is poised to revolutionize the home insurance landscape, potentially affecting policy structure by 2035. There is also increased concern over heightened mental health-related claims which have surpassed total and permanent disability claims, urging insurers to devise innovative strategies. Additionally, QBE Insurance Group urges landlords to protect their investment properties adequately, citing data on potential financial hardship caused by uninhabitable conditions or tenant-caused damage. The episode concludes affirming Financial Services Online as a resource for personal and business insurance information and protection.
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