Sun, 23rd Feb 2025

In this week's episode, Paige Estritori discusses key events in the Australian insurance industry, including a precedent-setting court ruling challenging insurance exclusion clauses and highlighting the need for clearer policies. She also reports on the crisis of soaring home insurance premiums affecting 1.6 million households due to the escalating impacts of climate change on claims. Another noteworthy news is the Australian Financial Complaints Authority's support for a policyholder in a fraud dispute with IAG, emphasizing the importance of solid evidence and equitable compensation. Lastly, Estritori delves into the debate over risk commission caps, with Political figures and industry leaders arguing for more flexibility. Stay updated on these developments and broader sector trends at financialservicesonline.com.au.n