EPISODE · Apr 27, 2024 · 2 MIN
Sun, 28th Apr 2024
from Insurance News Wrap · host Paige Estritori
In this week's podcast, Paige Estritori highlights key insurance news. Discussions include a vintage car owner's claim dispute with Allianz that leads to the Australian Financial Complaints Authority (AFCA) paying a $1,000 compensation and sparking a warning about the limitations of home insurance policies for antique vehicles. Praise is given to insurers for their improved response to flood claims in communities in Victoria, although concerns are expressed about a rise in self-insurance among small businesses. Lastly, following an evacuated tourist's unsuccessful claim to Mitsui Sumitomo due to omitted natural disaster coverage, the importance of thoroughly checking policy details is emphasized. The episode leaves listeners with the crucial reminder to stay informed to ensure suitable coverage.
What this episode covers
In this week's podcast, Paige Estritori highlights key insurance news. Discussions include a vintage car owner's claim dispute with Allianz that leads to the Australian Financial Complaints Authority (AFCA) paying a $1,000 compensation and sparking a warning about the limitations of home insurance policies for antique vehicles. Praise is given to insurers for their improved response to flood claims in communities in Victoria, although concerns are expressed about a rise in self-insurance among small businesses. Lastly, following an evacuated tourist's unsuccessful claim to Mitsui Sumitomo due to omitted natural disaster coverage, the importance of thoroughly checking policy details is emphasized. The episode leaves listeners with the crucial reminder to stay informed to ensure suitable coverage.
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Sun, 28th Apr 2024
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