The ICA has activated early catastrophe processes and warned residents to prepare for more storms following Brisbane and Ipswich hailstorm on 26 October.
The industry body says procedural reform and consistent national rules are needed to tackle rising legal costs and restore public liability market stability.
Speaking at the ICA’s 2025 Annual Conference, Steve Johnston said insurers must innovate to serve climate-exposed communities and rebuild public trust.
Australia’s per capita losses from extreme weather remain among the world’s highest, prompting the ICA to renew calls for tax, planning, and disaster funding reforms.
