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Sat, 4th Oct 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 4th Oct 2025" was published on October 3, 2025.

October 3, 2025 · Insurance News Wrap

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Summary

This podcast episode by Financial Services Online with Paige Estritori discusses significant events in Australia's insurance sector. It shines light on rising mental health claims causing strain on the life insurance industry, which now account for nearly one-third of all disability claims as per the Council of Australian Life Insurers. The episode also highlights a class-action lawsuit filed by Shine Lawyers against Rest Superannuation over alleged improper deduction of income protection premiums. Regulatory news features the Australian Securities and Investments Commission's legal proceedings against RACQ Insurance due to allegedly misleading premium notices. Lastly, they announce the entry of a new company, Marinex Underwriting, into Australia's marine insurance market.n

Episode Description

This podcast episode by Financial Services Online with Paige Estritori discusses significant events in Australia's insurance sector. It shines light on rising mental health claims causing strain on the life insurance industry, which now account for nearly one-third of all disability claims as per the Council of Australian Life Insurers. The episode also highlights a class-action lawsuit filed by Shine Lawyers against Rest Superannuation over alleged improper deduction of income protection premiums. Regulatory news features the Australian Securities and Investments Commission's legal proceedings against RACQ Insurance due to allegedly misleading premium notices. Lastly, they announce the entry of a new company, Marinex Underwriting, into Australia's marine insurance market.n

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