EPISODE · Jan 19, 2025
Mon, 20th Jan 2025
from Insurance News Wrap · host Paige Estritori
In this episode, Paige Estritori discusses key events affecting the insurance industry. Extreme weather in Eastern Australia has led to widespread damage, with insurance giants Allianz and Suncorp reporting a surge in claims. In legal news, the case of insurance broker Jason Prasad who was sentenced for selling fraudulent builders warranty insurance, underlines the importance of regulatory bodies and vigilance against illicit practices. Internationally, wildfires in Los Angeles are set to become the costliest wildfire disaster on record with total losses likely to exceed $20 billion, highlighting the need for improved infrastructure and climate change action. The episode concludes a call for viewer vigilance and safe practices.n
What this episode covers
In this episode, Paige Estritori discusses key events affecting the insurance industry. Extreme weather in Eastern Australia has led to widespread damage, with insurance giants Allianz and Suncorp reporting a surge in claims. In legal news, the case of insurance broker Jason Prasad who was sentenced for selling fraudulent builders warranty insurance, underlines the importance of regulatory bodies and vigilance against illicit practices. Internationally, wildfires in Los Angeles are set to become the costliest wildfire disaster on record with total losses likely to exceed $20 billion, highlighting the need for improved infrastructure and climate change action. The episode concludes a call for viewer vigilance and safe practices.n
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Mon, 20th Jan 2025
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