Tue, 12th Aug 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Tue, 12th Aug 2025" was published on August 11, 2025.

August 11, 2025 · Insurance News Wrap

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Summary

In this week's Financial Services Online Weekly Insurance News Wrap, Paige Estritori discusses several key issues. A landmark ruling saw travel insurer HDI Global repaying a client's medical-treatment related accommodation costs following intervention from Australian Financial Complaints Authority. In the life insurance sector, a digital Personal Medical Attendant Report by Acenda promises to tackle underinsurance, streamline eligibility checks, and offer improved data security. Furthermore, a $34 million settlement linked to Suncorp's alleged unlawful sales practices serves as a reminder of consumer rights. Finally, Victoria University's research advocates for insurance tax reforms, citing potential economic gains if current duties were eliminated, a topic expected to feature in upcoming economic roundtables in Canberra.n

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