Consumer Groups Demand Explanation from Insurers on Lack of Cover in Northern Australia

15 FEBRUARY 2024

Australian Consumers Insurance Lobby Inc (ACIL), Unit Owners Association of Queensland (UOAQ), Owners Corporation Network of Australia (OCN), and NQ Strata Action Group have collectively issued a formal request to the Insurance Council of Australia (ICA) seeking an explanation for the lack of insurance coverage offered in Northern Australia, despite the implementation of the Cyclone Reinsurance Pool (the Pool).

Read Joint Media Release:> 240215 Joint ACIL, UOAQ, OCN, NQ Strata Action Media Release – Strata Insurance Cyclone Reinsurance Pool

Related content:>  https://ocn.org.au/accc-hands-final-insurance-affordability-report-to-government/