0.25 CIP Points
Insurers’ flood responses — next steps in the inquiry
As the federal government’s inquiry into insurers responses to the 2022 floods continues, committee chair Dr Daniel Mulino explains why this investigation is different from those held previously and what it’s hoping to achieve. Following a major disaster event, questions...
13 Feb 2024
4 mins read
As the federal government’s inquiry into insurers responses to the 2022 floods continues, committee chair Dr Daniel Mulino explains why this investigation is different from those held previously and what it’s hoping to achieve.
Following a major disaster event, questions will always be asked about how insurance processes and outcomes can be improved.
After the 2022 floods that devastated communities in Australia’s eastern states, an ongoing federal parliamentary inquiry is working to make sure the right questions are asked.
The Inquiry into Insurers’ Responses to 2022 Major Floods Claims is being led by Victorian MP Dr Daniel Mulino, Member for Fraser and Chair of the Standing Committee on Economics. It is primarily focused on claims for four major flooding events:
- South-east Queensland and northern NSW floods of February and March 2022;
- Hunter and greater Sydney floods of July 2022;
- Victorian, NSW and Tasmanian floods of October 2022; and
- Central-west NSW floods of November and December 2022.
“[These] four east coast events constituted in the order of 300,000 claims,” Mulino says.
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