Sat, 18th Jan 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 18th Jan 2025" was published on January 17, 2025.

January 17, 2025 · Insurance News Wrap

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Summary

In this week's episode of the Weekly Insurance News Wrap, we cover the severe storms hitting New South Wales and Queensland in East Australia, leading to a surge in insurance claims. We also delve into the case of Jason Prasad, who was sentenced to prison for selling fraudulent builders warranty insurance, a reminder of the importance of consumer vigilance. Moreover, we spotlight the catastrophic wildfires in Los Angeles projected to result in record-breaking insurance losses over $20 billion. Amid some insurance providers retreating from California, the need for resilient urban planning, improved infrastructure and climate change action becomes evident. Visit us at financialservicesonline.com.au for more information.n

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