Federal Treasurer Wayne Swan has flagged changes to the insurance industry in the wake of Queensland's devastating floods.
Mr Swan says there appear to be...
The Queensland floods may cost insurers and reinsurers worldwide as much as $6 billion in what might be Australia’s costliest disaster in history.
Insured losses...
Insurance Australia Group Limited (IAG) today provided an update on its claims experience arising from the extreme weather conditions which are affecting so many...
Most insurers have stopped offering flood insurance policies to centres in south-east Qld facing the prospect of inundation.
Insurance companies have stopped offering flood policies...
Consumer groups have called for a common definition of floods in insurance policies as Queensland residents face the prospect of not being covered for...
People whose insurance companies knock back their claims for flood damage are being advised to challenge the ‘‘unfair’’ fine print in their contracts.
A lawyer...
As the waters subside claims experts and loss adjusters from Aviva have begun visiting homes and businesses affected by yesterday’s floods.
Emergency payments have already...
With heavy rain and potential flooding forecast, home and contents insurer Hiscox urges home owners to take some practical steps to prevent flood damage...
Representatives from the insurance industry met with the National Flood Forum, the Environment Agency and local government to discuss the challenges in managing future...
The Met Office has issued a weather warning for North West England, Wales, Northern Ireland, Strathclyde, SW Scotland, Lothian & Borders.
Heavy rain is expected...