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asic.gov.au > about-asic > news-centre > find-a-media-release > 2026-releases > 26-202mr-asic-warns-insurers-cash-settlements-should-not-short-change-homeowners-in-need

26-202MR ASIC warns insurers cash settlements should not short-change homeowners in need

1+ hour, 50+ min ago   (675+ words) Home insurers may be leaving Australians exposed to higher repair costs by using cash settlements in a significant percentage of claims, an ASIC review has found. ASIC Commissioner Alan Kirkland said insurers who offer cash settlements need to be vigilant…...