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Wed, 23rd Apr 2025

Insurance News Wrap

An episode of the Insurance News Wrap podcast, hosted by Paige Estritori, titled "Wed, 23rd Apr 2025" was published on April 22, 2025.

April 22, 2025 · Insurance News Wrap

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Summary

On this week's Financial Services Online podcast, Paige Estritori digs into key issues affecting the insurance industry. A landmark case involving homeowners and Youi insurance highlights the importance of fair practices, with the Australian Financial Complaints Authority ruling against the insurer's unwarranted claim denial. Meanwhile, the growing impact of climate change is posing serious concerns for insurers, homeowners, and the Australian property market. As increased risk due to climate hazards threatens to make insurance unaffordable or unavailable for many, costs are expected to rise dramatically. Experts recommend resilience building and climate-proofing strategies to combat these risks. Stay informed about these and other crucial insurance matters with Financial Services Online.

Episode Description

On this week's Financial Services Online podcast, Paige Estritori digs into key issues affecting the insurance industry. A landmark case involving homeowners and Youi insurance highlights the importance of fair practices, with the Australian Financial Complaints Authority ruling against the insurer's unwarranted claim denial. Meanwhile, the growing impact of climate change is posing serious concerns for insurers, homeowners, and the Australian property market. As increased risk due to climate hazards threatens to make insurance unaffordable or unavailable for many, costs are expected to rise dramatically. Experts recommend resilience building and climate-proofing strategies to combat these risks. Stay informed about these and other crucial insurance matters with Financial Services Online.

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