Greens supremo Bob Brown has called on the federal government to seriously consider a national flood insurance scheme in the mould of the United States, but has sounded a note of caution over free riders who build houses in risky areas and then expect the state to bail them out.
Insurance council of australia
Insurers brace for more bad weather
Insurance companies are bracing themselves for an increase in weather related disasters as a result of climate change, as the industry awaits an influx of claims from two events in the past week.
Insurance industry uses dubious fire stats to get its own way
The misleading use of figures by the Insurance Council is primarily driven by their ongoing campaign against the fire services levy in place in Victoria, New South Wales and Tasmania, write Denis Nelthorpe and Fiona Guthrie.
2007 is an expensive year for insurers
The cost of the storms and flooding in Australia and Britain looks set to top $A9 billion over the next few days, making higher rates for motor vehicle, business and home and contents insurance almost certain next year.
