Sun, 2nd Mar 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Sun, 2nd Mar 2025" was published on March 1, 2025.

March 1, 2025 · Insurance News Wrap

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Summary

This podcast recap brings you the weekly insurance news from Financial Services Online. An upcoming event, the Insurance News Outlook 2025 Conference in Sydney, will cover the future of insurance including emerging risks, tech advancements, and evolving brokerage. Legislative measures are making waves - the Australian Greens propose a comprehensive plan to dramatically lower insurance costs, which targets high premiums and aims to better manage the impacts of natural disasters. Additionally, the Coalition pledges to reduce capital and compliance expenses in the insurance sector, making insurance more accessible to consumers. Finally, calls for stricter regulations regarding 'claims farming' are proposed by the New South Wales government, with the Insurance Council of Australia lobbying for stronger measures. For more, visit financialservicesonline.com.au.

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