Townsville’s federal MP has launched a blistering attack on the nation’s insurance watchdog, accusing them of “silence” and ...
What is a Cyclone Event? A cyclone event is defined as a severe weather phenomenon characterized by strong winds and heavy rainfall, often leading to significant damage. In Australia, cyclones are ...
“The insurance sector needs accountability and the reinsurance pool requires urgent reform,” Mr Thompson said. “It’s clear the reinsurance pool is failing the very people it is designed for.” The ...
Phil Thompson says insurance companies are getting away with price-gouging and the reinsurance pool is failing – but his attempts to get action are being slowed in Canberra. “The insurance sector ...