Sun, 24th Mar 2024

In this week's Insurance News Wrap, CFC unveiled a revolutionary carbon delivery insurance, mitigating non-delivery risk in the carbon credit market, providing a potential game-changer for an industry projected to be worth $1 trillion by 2050. Netstrata is promoting transparency in the strata services sector by initiating a voluntary review with the New South Wales Fair Trading, reasserting their commitment to clear communication. The Australian Consumers Insurance Lobby has called for broad reform, highlighting 146 points for examination due to recent concerns. Lastly, a local salon owner partially won an insurance claim with Chubb Insurance, which will cover 30% of recent water and mould damage costs. Tune in next week for more insurance industry updates.