Mon, 27th Jan 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Mon, 27th Jan 2025" was published on January 26, 2025.

January 26, 2025 · Insurance News Wrap

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Summary

This week on the Insurance News Wrap, we discuss Auto & General's recent ruling requiring compensation and an apology for mismanaging a storm damage claim. In the travel sector, a case involving AWP Australia highlights the importance of understanding insurance policy exclusions. In Victoria's Halls Gap, a growing crisis around soaring insurance costs impacts local businesses following bushfire disruptions. The Insurance Council of Australia reports over 11,000 claims in NSW and ACT due to severe electrical storms, with Suncorp deploying their Mobile Disaster Response Hub for support. Finally, Paige Estritori emphasizes understanding one's insurance policy as equally important as owning one and invites listeners to Financial Services Online for more information.

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