Tue, 4th Mar 2025

This week's Insurance News Wrap delves into the Insurance Council of Australia's ambitious $30.15 billion flood defence proposal aimed at mitigating the impact and costs of floods. As rising living costs and incoming premium hikes prompt Australians to reconsider their health insurance coverage, Health Insurance expert Tim Bennett warns against short-term savings that can result in unforeseen expenses. Looking forward, the discussion also previews the Insurance News Outlook 2025 Conference, an event where insurance industry leaders will debate and strategize the future of insurance. Lastly, the program also explores the Australian Greens' proposed policy reforms, estimating to save Australians $4 billion on insurance and outlining plans to involve fossil fuel companies in financial contributions for climate impact mitigation. Info-packed deliberations on these topics and more can be found at financialservicesonline.com.au.