Insurance Council of Australia

ICA says insurers have received 1,600 claims related to NSW flooding as death toll rises to four

May 23 2025

Insurance claims expected to rise further as people return to their homes.

australian-insurance-council-declares-significant-event-for-flood-hit-nsw

NSW hit by record floods as 'one-in-500-year' event leaves 50,000 stranded

May 21 2025

The Insurance Council of Australia has declared the flooding a significant event.

May 1 2025

Insurance Council of Australia adds that claims have nearly reached A$1bn (US$640m).

Insurer claim costs rise as Australia’s EV repair bottleneck hits premium prices: Report

April 17 2025

Some EV owners are paying insurance premiums up to five times more than the equivalent internal combustion engines.

Insurance losses from ex-TC Alfred and North Queensland floods surpass A$1.2bn

April 2 2025

The ICA reports over 104k claims lodged from the two nat cats so far, with around 95k of those from Alfred.

insurance-industry-criticises-budget-for-overlooking-flood-resilience-measures

Budget missing 'much needed' disaster resilience measures: Insurance Council of Australia

March 28 2025

ICA says lack of new flood mitigation funding, failure to remove insurance taxes could worsen premium pressures.

insurance-claims-following-ex-tropical-cyclone-alfred-exceed-74k

Insurance claims from ex-tropical Cyclone Alfred rise to 74,000

March 20 2025

The number of claims has risen by over 10,000 since Monday.

Australia’s General Insurance Code of Practice review panel urges stronger action from ICA

March 19 2025

Panel welcomes ICA's Action plan but says that more decisive action can be taken to improve consumer outcomes.

ica-releases-industry-action-plan-addressing-flood-inquiry-code-review

ICA releases insurance industry action plan addressing flood inquiry, code review

March 18 2025

Plan focuses on improving customer outcomes, supporting vulnerable policyholders, updating policies to prevent financial abuse, and enhancing claims handling.

ica-opens-eoi-process-to-support-post-tc-alfred-recovery-efforts

Claims data suggests Cyclone Alfred 'not as significant as first feared': ICA

March 17 2025

Number of claims has reached over 63,000 as of Monday.

Cyclone Alfred claims exceed 50k; ICA opens up EOI to support recovery efforts

March 14 2025

ICA is working with authorities to expedite interstate and trans-Tasman worker qualifications to help in recovery efforts.

ica-reports-over-1400-claims-for-north-queensland-floods

Insurance losses hit A$164m for North Queensland floods

March 14 2025

Insurance Council of Australia reports that 7,600 claims have now been lodged.

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