The crisis-hit building industry needs a response like the federal government's $13 billion terrorism reinsurance scheme to stop insurers pulling coverage on flammable cladding, faulty wiring and other defects, Victorian officials will argue at a key federal-state meeting on Friday.
They say coverage of a growing number of faults is being dropped across multiple sectors.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
