Mon, 7th Jul 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Mon, 7th Jul 2025" was published on July 6, 2025.

July 6, 2025 · Insurance News Wrap

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Summary

This episode of the Weekly Insurance News Wrap features significant updates from the insurance industry, covering business interruption claims, landmark legal rulings, weather-driven losses, and leadership changes. A Sydney hospitality business faces challenges claiming financial losses from interruptions caused by asbestos-contaminated mulch; the decision sets precedent about insurance coverage for indirect business interruptions. In the legal arena, a landmark ruling in New South Wales includes dog walking services as "attendant care services" for accident recovery. Meanwhile, insurance companies shoulder losses of $1.83 billion due to severe weather events, with further threats looming. Lastly, ClearView announces Peter Tilocca as Head of Underwriting and updates in their medical underwriting framework and product definitions, stressing a focus on national growth. Stay alert for more updates next week.n

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