Tue, 9th Apr 2024

09/04/2024 3 min

Listen "Tue, 9th Apr 2024"

Episode Synopsis

In the latest 'Weekly Insurance News Wrap' hosted by Paige Estritori, we discuss several high-profile insurance situations. First, the Australian Financial Complaints Authority has directed QBE to pay an additional $65,000 to a Tasmanian policyholder. QBE was found culpable for the unnecessary delay in restoring a fire-damaged bed and breakfast due to poor oversight of its third-party adjusters. Our next story explores the building industry in NSW, where nine companies failed to acquire mandatory home building compensation insurance, affecting 131 projects. The NSW Building Commissioner, David Chandler, is keen on strengthening insurance regulations. A Melbourne couple's travel insurance claim was rejected due to a misunderstanding between single-trip and multi-trip coverage. Lastly, MetLife Australia is pioneering inclusive leave policies, paving the way for industry-wide change. Stay tuned for more insurance news updates and remember, stay informed, stay insured!n

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