Mon, 2nd Jun 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Mon, 2nd Jun 2025" was published on June 1, 2025.

June 1, 2025 · Insurance News Wrap

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Summary

This podcast, presented by Paige Estritori for Financial Services Online, covers key insurance topics as of June 2, 2025. It examines a case where AIG Australia rejected a female football player's physiotherapy claim, highlighting the need to fully understand policy terms. The podcast also addresses the timely issue of flood insurance in New South Wales. It reports on Premier Chris Minns urging insurers to hasten flood claim processes as the state government provides support for flood victims. Life insurer Acenda's response to the floods is closely examined too, offering premium reprieve and access to important resources to flood victims. Finally, AFCA instructs Eric Insurance to refund a policyholder sold a GAP policy unjustly, emphasizing the need for transparency in insurance dealings. Visit financialservicesonline.com.au for more insurance insights.n

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