Queensland frees flood maps to ease premiums pressure

By Julian Bajkowski Flood affected councils and residents in Queensland are hoping that a landmark deal brokered by the Newman Government to give insurers access to free flood map data will place heavy downward pressure on premiums that skyrocketed after successive floods. Queensland Natural Resources and Mines Minister, Andrew Cripps, has announced that a much […]

Queensland councils face skyrocketing flood insurance

By Julian Bajkowski When the chief executive of the Insurance Council of Australia (ICA), Rob Whelan, took to the airwaves in late January 2013 to take councils in Queensland to task over flood protection measures, it was the opening shot in a war of words between local government and the risk industry that had been […]

Insurers to lecture extreme weather councils

By Julian Bajkowski Ratepayers and policy holders confused and fed-up with how insurers set premiums for and pay-out on extreme weather events will get the opportunity to roast one of the industry’s leading executives at a courageous public event organised by Lake Macquarie City Council. The forward-thinking local government area has booked the Insurance Council […]

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