One in 20 households making claims following the deadly Black Summer bushfires chewed through all their insurance accommodation payouts within a year, according to a regulatory review.
The situation raises concerns whether such cover is sufficient, the Australian Securities and Investments Commission’s review found.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
