Tue, 2nd Sep 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Tue, 2nd Sep 2025" was published on September 1, 2025.

September 1, 2025 · Insurance News Wrap

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Summary

This week on Financial Services Online podcast, Paige Estritori explores the evolving Australian insurance sector. Key topics include a comprehensive review by the New South Wales state government of its Compulsory Third Party (CTP) insurance and Lifetime care schemes, the first since 2022. The Australian Financial Complaints Authority's ruling supporting Allianz's decision to raise flood cover premiums emphasizes customer awareness in policy details. The life insurance industry is seeing a surge in group life policy premiums this year, with associated challenges and potential developments. Concerns are raised over decision to switch updates to the National Construction Code, stirring fears in the insurance sector about balancing rapid housing development against safety. Listeners are encouraged to stay informed and make the most of their insurance policies. For more on personal and business insurance, visit financialservicesonline.com.au.

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