EPISODE · Feb 12, 2025
Thu, 13th Feb 2025
from Insurance News Wrap · host Paige Estritori
In this week's 'Weekly Insurance News Wrap', host Paige Estritori discusses the latest happenings in the insurance industry. Commercial insurance rates have experienced a significant drop in the last quarter of 2025, with the Australia-Pacific region leading the trend with an 8% decrease. In Perth, construction firm DBD Developments was fined for breaching insurance laws by starting a project without acquiring the required Home Indemnity Insurance. Furthermore, ISS Property Services in New South Wales has been subjected to strong action by the State Insurance Regulatory Authority (SIRA) after irregularities were found in their worker's compensation self-insurance system. The podcast concludes with a reminder to always stay aware of compliance regulations and to consider how these stories might impact your personal or business insurance situation.n
What this episode covers
In this week's 'Weekly Insurance News Wrap', host Paige Estritori discusses the latest happenings in the insurance industry. Commercial insurance rates have experienced a significant drop in the last quarter of 2025, with the Australia-Pacific region leading the trend with an 8% decrease. In Perth, construction firm DBD Developments was fined for breaching insurance laws by starting a project without acquiring the required Home Indemnity Insurance. Furthermore, ISS Property Services in New South Wales has been subjected to strong action by the State Insurance Regulatory Authority (SIRA) after irregularities were found in their worker's compensation self-insurance system. The podcast concludes with a reminder to always stay aware of compliance regulations and to consider how these stories might impact your personal or business insurance situation.n
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Thu, 13th Feb 2025
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