AXA Climate developed programme will be extended to individual shareholders, to help enhance their understanding of climate impacts and mitigation efforts.
Insurer self-reported non-compliance and pays over AU$21m (US$13.83m) for federal wages and entitlements, while settling AU$16.2m for state and territory long service leave entitlements.
Severe weather forecast, including 'black nor'easter' phenomenon, with some insurers taking proactive steps in preparation of torrential rain and flooding.
ALGA suggests increasing annual DRF allocation to AU$450m (US$297m), echoing calls from the industry for more long term solutions to insurance affordability.
