Listen "Tue, 12th Aug 2025"
Episode Synopsis
In this week's Financial Services Online Weekly Insurance News Wrap, Paige Estritori discusses several key issues. A landmark ruling saw travel insurer HDI Global repaying a client's medical-treatment related accommodation costs following intervention from Australian Financial Complaints Authority. In the life insurance sector, a digital Personal Medical Attendant Report by Acenda promises to tackle underinsurance, streamline eligibility checks, and offer improved data security. Furthermore, a $34 million settlement linked to Suncorp's alleged unlawful sales practices serves as a reminder of consumer rights. Finally, Victoria University's research advocates for insurance tax reforms, citing potential economic gains if current duties were eliminated, a topic expected to feature in upcoming economic roundtables in Canberra.n
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