Fri, 4th Jul 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Fri, 4th Jul 2025" was published on July 3, 2025.

July 3, 2025 · Insurance News Wrap

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Summary

This podcast discusses key updates from the insurance sector. The Personal Injury Commission of New South Wales expanded definitions of care services in injury claims, due to a lawsuit involving a car crash victim's struggle with dog-walking costs post-recovery. Extreme weather events in Australia have caused insurers significant financial losses, totaling to $1.8 billion in the first half of the year. Life insurer ClearView has hired Peter Tilocca as their Head of Underwriting to spearhead ongoing strategic changes. Lastly, the Australian Financial Complaints Authority made a notable ruling against insurer IAG in a home-based business's theft claim, urging reassessment of claim denial practices based on document inferences.n

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