ICA calls for A$200m disaster mitigation funding as Debbie claims rise


At a Senate hearing this week ICA CEO Rob Whelan commented: "This is one form of nation building that would have a lasting positive impact. The Insurance Council [of Australia] has strongly advocated for disaster mitigation funding and improved resilience by participating in a number of federal and state reviews." "The industry agrees with the Northern Australia Insurance Premiums Taskforce and the Productivity Commission that mitigation is the only way to reduce premiums on a sustainable ba