Author Archives: admin

Natural disasters such as the huge earthquake and tsunami that struck Japan caused a record $366 billion (285 million euros) damage in 2011, the UN disaster risk reduction agency UNISDR says.   A total of 29,782 people were killed in … Continue reading →

  The Insurance Council of Australia has warned of unavoidable premium increases of up to 400 per cent in the wake of the nation's summer of severe floods and cyclones. ICA's general manager of risk, Karl Sullivan, said reinsurance costs … Continue reading →

  The introduction of a standard definition of flood, a mandatory consumer 'opt-out' option on flood cover for home & contents insurance and commitment to a flood risk information portal are among the Federal Government responses to the Natural Disaster … Continue reading →

Queensland households have seen the highest increase in insurance premiums this year, according to Canstar Cannex’s annual rating of home and contents policies. The financial research company analysed 38 insurers and 74 policies and obtained over 16,000 individual quotes across … Continue reading →

Oracle Group have began its preparations to enter a vehicle in The Variety Club Bash in WA. A vehicle has been purchased to get things underway which is a 1975 Bedford CF LWB Van. It has a Holden 202 6 … Continue reading →

  The Insurance Council of Australia (ICA) says while more than half of the Queensland flood and Cyclone Yasi claims have been settled, it could take another 12 months to finalise the rest. New figures show that $1.9 billion has … Continue reading →