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The Federal Government’s Cyclone Reinsurance Pool legislation was passed through the Senate, paving the way for the establishment of a Reinsurance Pool to cover property damage, as a result of a declared cyclone event and/or related flooding.
The Federal Government has directed the ACCC to conduct a public inquiry into access to regional mobile towers and into the feasibility of providing mobile roaming during natural disasters or other emergencies.
Industry expert John Trowbridge has today released an independent consultation paper to review current strata insurance practices.
NIBA welcomes the Federal Government’s 2022-23 budget announcement of $268 million to protect Australians from the impacts of extreme weather.
Nominations are now open for the 2022 Broker of the Year, sponsored by QBE. All state winners will receive a $2,000* prize towards their professional development and the national Stephen Ball Broker of the Year Award winner will receive $10,000* for their personal development.
Applications are now open for Flood Recovery Rental Support payments of up to $18,000 to help flood-affected residents in highly-impacted areas with the costs of short-term rental accommodation.
The Federal Government has announced an extension to wage subsidy programs until 30 June 2022. Members may be eligible to receive a wage subsidy up to 50% for apprentices in their first year.
ICA has released the Cyber Insurance: Protecting our way of life in a digital world paper, which highlights the challenges in maintaining and developing a cyber insurance market following the COVID-19 pandemic
NIBA has today launched a Claims Support initiative, whereby NIBA members are offering to advise and assist victims of the recent floods with their insurance claims.
The Federal and NSW Governments will provide $742 million to further support primary industry, businesses, rural landholders, councils and residents affected by the catastrophic flooding event across NSW.