Labor's home loan guarantee extension pledge and the existential threat it poses to the lenders' mortgage insurance market is the main topic on this week's Insurance News podcast.

As reported, the move would let more first home buyers make 5% deposits without having LMI in place. The Insurance Council of Australia warns this could have a "severe and irreversible" impact on a well-functioning insurance market.

This week’s edition of INsight, hosted by Insurance News MD Andrew Silcox, features editor-in-chief John Deex, deputy editor Wendy Pugh and senior journalist Miranda Maxwell.

Among the other issues discussed this week are the mystery surrounding the government's disaster risk taskforce; ASIC's court action alleging serious claim handling failures by Hollard; a breach reporting shake-up; and the dangers of neglecting home maintenance.

You can find the latest episode, and previous episodes of INsight, published here.