Thu, 7th Nov 2024

07/11/2024

Listen "Thu, 7th Nov 2024"

Episode Synopsis

In this episode of the Weekly Insurance News Wrap, Paige Estritori discusses various insurance-related issues in Australia. There's a growing concern around the lack of insurance regulations for e-scooters as their use increases in New South Wales, calling for updated laws and mandatory third-party liability insurance. Recent data shows an unexpected rise in claims for individual non-advised disability income insurance, raising questions about their sustainability. A controversial case of a homeowner's denied fire insurance claim due to prior arson, highlights the role of thorough evidence handling in resolving disputes. Lastly, improved transparency in insurance premiums pricing is underscored, with some resistance from the industry, but a strong push towards better customer communication and awareness. With these varied topics, the podcast aims to keep listeners informed about the evolving insurance landscape.