Sat, 7th Feb 2026

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sat, 7th Feb 2026" was published on February 6, 2026.

February 6, 2026 · Insurance News Wrap

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Summary

In the latest episode of the Financial Services Online podcast, Paige Estritori discusses major news in the Australian insurance industry. The Australian Financial Complaints Authority saw a 17% surge in general insurance complaints, largely due to issues with add-on covers and auto-claim delays. Also, comprehensive motor insurance remained a top concern, underlining the need for transparent communication with consumers. The Australian Prudential Regulation Authority's report shows stability in the professional indemnity insurance sector despite a drop in gross premiums due to market competition. Meanwhile, Upcover has launched a unique insurance product for nursing professionals with flexible payment plans. However, there is a downside for Northern Territory homeowners who face high strata insurance premiums due to weather conditions, market pressures, and high costs of materials.n

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