New ICA Charter aims to improve response and coordination to nat cats and introduces a new insurance event designation for catastrophes of unprecedented scale.
Developed with insurtech Kanopi, the platform will offer streamlined insurance solutions for the retirement living sector at launch, with new lines of business being added within the next year.
Currently, residents of Queensland are paying dual tax on insurance policies and next state government should eliminate stamp duty, says Insurance Council of Australia.
New 2750 home Gold Coast project aims to build on elevated pads, but ICA says this will only complicate and delay construction, adding that "development in areas prone to extreme flood risk should not...