2025 extreme weather costs reach $1.5 billion

The Insurance Council of Australia (ICA) released new data on Monday 12 May, saying it shows that insured losses have reached almost $1.5 billion from 126,000 claims, following two extreme weather events this year. Claims from the February North Queensland floods and ex-Tropical Cyclone Alfred in March are being prioritised by insurers, with an additional…

To access this post, you must purchase a Subscription.

Keep up with the locals!