Thu, 25th Apr 2024

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Thu, 25th Apr 2024" was published on April 24, 2024 and runs 2 minutes.

April 24, 2024 ·2m · Insurance News Wrap

0:00 / 0:00

Summary

In this week's episode, we explore a range of insurance-related stories affecting Australia. A vintage car enthusiast's home insurance claim for a damaged 1970 Mercedes-Benz 280e was rejected by the Australian Financial Complaints Authority (AFCA) as they clarified that motor vehicles are separate from home insurance policies. Following previous floods, communities have detected improvements in claim handling by insurers. However, a trend toward self-insurance for small businesses raises concerns. Furthermore, a traveller's lack of natural disaster coverage led to a denied claim after evacuation during Hawaiian wildfires, highlighting the importance of understanding insurance policies. Lastly, a drop in life insurance participation among working adults is noted over the past five years, partly attributed to changes in the "Protecting Your Super" law. Despite this, recent figures hint at a potential market recovery, offering hope to bridge the under-insurance gap.n

Episode Description

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

New Health Insurance News Podcasts – New Health Insurance News Michael's Insurance Podcast Michael Young A short-form podcast that covers insurance news, cases, tips and other thoughts by Michael Young, an insurance coverage and bad faith lawyer in St. Louis.michaelyoungstl.comThe choice of a lawyer is an important decision and should not be based solely upon advertisements. Silver Lining Safety - Safety Bytes West Bend Mutual Insurance As an insurance company, we understand how important your business is to you. In this weekly podcast, we’ll give you information on business safety and loss prevention best practices, provide resources to keep you and your employees safe and share the latest insurance news. Opinions in this podcast may not apply to all listeners. Be sure to consult with a qualified safety professional before making any changes to your business. To recommend topics, please email us at [email protected].