NewsBite

Townsville floods

February

A fire-ravaged property in the Pacific Palisades last month. IAG said the devastating wildfires have drawn attention to bushfire coverage in Australia.

IAG says LA wildfires were a wake-up call on disaster preparation

The insurance giant, which owns the NRMA and CGU brands, reports a 91 per cent jump in interim profit, but its shares fell as premium rises moderated.

  • James Eyers
A flooded home in Macknade, north Queensland, this month.

Suncorp confident it can rise to challenge of Queensland floods

The deluge will not push up insurance premiums thanks to strong buffers, the CEO of the Brisbane-based insurer said after its interim results impressed.

  • James Eyers

December 2020

Labor hopes that by investing more in forecasting Australia will be better prepared for extreme weather events such as cyclone Yasi, which caused heavy flooding to Ingham and across northern Queensland.

Vulnerable households need insurance subsidies: ACCC

The government should consider direct subsidies to help northern Australian households pay for prohibitively expensive insurance, rather than introduce sweeping reforms.

  • James Fernyhough

June 2020

A permanent disaster recovery agency would enable lessons to be better saved, say rebuild chiefs

Call for a permanent disaster recovery agency

A permanent national disaster recovery agency is now needed to deal with the multitude of crises governments face, say front-line chiefs.

  • Tom Burton

April 2019

Flood waters cover large tracts of land in Nicoadala, Zambezia, in Mozambique. Rapidly rising floodwaters have created "an inland ocean" in the country.

Insurers slam budget's 'short-sighted' climate measures

Australia's big insurers have slammed the Morrison government's failure to fund climate-change resilience programs, labelling it "short-sighted and disappointing". 

  • James Fernyhough

Original URL: https://www.afr.com/topic/townsville-floods-1mms