PodParley PodParley
PodParley PodParley
Log in

Sun, 16th Feb 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sun, 16th Feb 2025" was published on February 15, 2025.

February 15, 2025 · Insurance News Wrap

0:00 / 0:00

Summary

In this week's Financial Services Online insurance news wrap-up, Marsh's commercial price monitor reports an 8% reduction in insurance rates in Australia for the final quarter of 2025, the largest worldwide decline. DBD Developments, a Perth construction firm, has been fined for starting a project without mandatory Home Indemnity Insurance, highlighting the importance of compliance. In New South Wales, ISS Property Services are under audit due to discrepancies in their workers' compensation self-insurance system. Regulator SIRA has issued a strict remediation strategy and requires a quality assurance program to be implemented. These stories underline the importance of businesses understanding and meeting their insurance obligations as well as the beneficial impacts of falling insurance rates.

Episode Description

In this week's Financial Services Online insurance news wrap-up, Marsh's commercial price monitor reports an 8% reduction in insurance rates in Australia for the final quarter of 2025, the largest worldwide decline. DBD Developments, a Perth construction firm, has been fined for starting a project without mandatory Home Indemnity Insurance, highlighting the importance of compliance. In New South Wales, ISS Property Services are under audit due to discrepancies in their workers' compensation self-insurance system. Regulator SIRA has issued a strict remediation strategy and requires a quality assurance program to be implemented. These stories underline the importance of businesses understanding and meeting their insurance obligations as well as the beneficial impacts of falling insurance rates.

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

New Health Insurance News Podcasts – New Health Insurance News Michael's Insurance Podcast Michael Young A short-form podcast that covers insurance news, cases, tips and other thoughts by Michael Young, an insurance coverage and bad faith lawyer in St. Louis.michaelyoungstl.comThe choice of a lawyer is an important decision and should not be based solely upon advertisements. Silver Lining Safety - Safety Bytes West Bend Mutual Insurance As an insurance company, we understand how important your business is to you. In this weekly podcast, we’ll give you information on business safety and loss prevention best practices, provide resources to keep you and your employees safe and share the latest insurance news. Opinions in this podcast may not apply to all listeners. Be sure to consult with a qualified safety professional before making any changes to your business. To recommend topics, please email us at [email protected].
URL copied to clipboard!