EPISODE · Oct 12, 2025
Mon, 13th Oct 2025
from Insurance News Wrap · host Paige Estritori
On this episode of the Weekly Insurance News Wrap, we discuss critical news impacting the Australian insurance industry. We cover a shocking case from New Zealand about a former broker, Murray McClune, sentenced for embezzling $NZ1.7 million from his clients. In Australia, state insurer icare is investigating potential underpayments in workers compensation claims, affecting around 9,400 claims. In the health insurance sector, mental health-related claims are dramatically increasing and now make up nearly one-third of all TPD claims. This episode also highlights ongoing legal action initiated by ASIC against Australian Super for prolonged delays in death benefit claims. The coverage concludes with a reminder for superannuation members to carefully review their fund's policies.
What this episode covers
On this episode of the Weekly Insurance News Wrap, we discuss critical news impacting the Australian insurance industry. We cover a shocking case from New Zealand about a former broker, Murray McClune, sentenced for embezzling $NZ1.7 million from his clients. In Australia, state insurer icare is investigating potential underpayments in workers compensation claims, affecting around 9,400 claims. In the health insurance sector, mental health-related claims are dramatically increasing and now make up nearly one-third of all TPD claims. This episode also highlights ongoing legal action initiated by ASIC against Australian Super for prolonged delays in death benefit claims. The coverage concludes with a reminder for superannuation members to carefully review their fund's policies.
NOW PLAYING
Mon, 13th Oct 2025
No transcript for this episode yet
Similar Episodes
Apr 21, 2026 ·13m
Apr 19, 2026 ·16m
Apr 17, 2026 ·13m
Apr 13, 2026 ·11m
Apr 11, 2026 ·16m