Skip to content
Government Federal, Insurance

Flood insurance inquiry to hear from affected communities and key agencies

House of Representatives 2 mins read

The House Standing Committee on Economics has announced new public hearings as part of its inquiry into insurers’ responses to 2022 major floods claims.

In March, the Committee will wrap up hearing from insurers and reinsurers. It will also hear from key departments and agencies, including Treasury, the National Emergency Management Agency and the Australian Competition and Consumer Commission.

The Committee is also announcing today its high-level schedule for planned hearings in April and May at some of the regions worst affected by the 2022 major floods, including Brisbane, Lismore, Sydney, the Hawkesbury, Eugowra, Molong, Melbourne, Rochester and Heathcote.

Committee Chair Daniel Mulino MP said ‘We are entering the critical second phase of this inquiry, where we want to hear firsthand about the floods’ impact on communities, and the experiences of local residents and businesses going through the claims process with their insurers.

‘One of our priorities for these hearings will be organising roundtables and community statements, where we want to hear directly from people on the ground about their experiences with the insurance industry after the floods.

‘A number of these affected towns have been hit again by floods since 2022, and the Committee will be looking to see if insurers’ handling of claims has improved.’

Further details about the regional hearings and attendance options will be released closer to the date.

Dr Mulino said there is also time for people and organisations to make a public or confidential submission, through this online link. Impacted individuals are encouraged to submit before 31 July 2024.

More than 400 people have already provided feedback about their experience with their insurer through an online survey, which will also remain open until 31 July 2024. The Committee encourages affected individuals to complete the survey.

March 2024

Public Hearing – Swiss Re, Treasury, the National Emergency Management Agency, Lloyds

Date: 15 March 2024
Time: 11.00am to 6.30pm
Location: Videoconference

Public Hearing – Mr John Trowbridge, ACCC, Auto & General

Date: 22 March 2024
Time: 9.30am to 2.45pm
Location: Videoconference

Programs for the hearings will be made available on the inquiry website. A live video stream will also be available on the APH website.

April–May 2024

Public Hearings and Site Visits – Local Councils, Community Groups, Residents & Businesses

Dates: (TBC) April 2024
Locations: Brisbane, Lismore

Public Hearings and Site Visits – Local Councils, Community Groups, Residents & Businesses

Dates: (TBC) April 2024
Locations: Metro Melbourne, Rochester, Heathcote

Public Hearings and Site Visits – Local Councils, Community Groups, Residents & Businesses

Dates: (TBC) May 2024
Locations: Molong, Eugowra, the Hawkesbury, Parramatta

Further details to be confirmed. These indicated dates and locations may be subject to change.

Media inquiries

Committee Chair
Dr Daniel Mulino MP
02 6277 4311
Daniel.Mulino.MP@aph.gov.au

For background information

Committee Secretariat
02 6277 4707
floodinsurance.reps@aph.gov.au

For more information about this committee, visit its website. On the site, you can read submissions, and get details for upcoming public hearings. You can also track the committee and receive email updates by clicking on the blue ‘Track Committee’ button in the bottom right-hand side of the page.

More from this category

  • Environment, Government Federal
  • 24/04/2024
  • 05:01
The Climate Council

Gold standard: New car laws to slash pollution by 20 million tonnes

FOR IMMEDIATE RELEASE WEDNESDAY 24 APRIL, 2024 Gold standard: New car laws to slash pollution by 20 million tonnes Climate Council analysis, released today, shows the New Vehicle Efficiency Standard will cut more climate pollution than getting all Aussie homes off gas. The standard, soon to be debated in Parliament, can prevent 20 million tonnes of pollution from being pumped into our atmosphere by 2030 – more climate pollution avoided than is produced in two years by the 5.1 million gas-connected homes in Australia. By 2035, the standard is set to prevent 80 million tonnes of climate-wrecking pollution, equivalent to…

  • Contains:
  • Government Federal
  • 23/04/2024
  • 15:17
eSafety

Media statement: update on removal of extreme violent content

23 April, 2024 Please attribute to a spokesperson for the eSafety Commissioner: Yesterday the Federal Court granted an interim injunction compelling X Corp to hide Class 1 material on X that was the subject of eSafety’s removal notice of 16 April, 2024. In summary, eSafety’s removal notice to X Corp required it to take all reasonable steps to ensure the removal of the extreme violent video content of the alleged terrorist act at Wakeley in Sydney on 15 April. The removal notice identified specific URLs where the material was located. X Corp has 24 hours to comply with the Court’s…

  • Defence, Government Federal
  • 23/04/2024
  • 15:14
Parliament of Australia

JCPAA public hearings for Defence Major Projects Report, Commonwealth Financial Statements, and IT procurement

TheJoint Committee of Public Accounts and Audit(JCPAA) will be holding public hearings on Wednesday, 24 April 2024, for its inquiries into: 2022–23 Defence Major Projects Report(first hearing) Commonwealth Financial Statements 2022–23(second hearing) the failed visa privatisation process and the implementation of other public sector IT procurements and projects(continuing). The details are as follows: Date: Wednesday, 24 April 2024Time: 8.45am – 5.00pm (AEST)Venue: Committee Room 2R1, Parliament House and by videoconference Program: Inquiry into the Defence Major Projects Report 2022–238.45am Department of Defence Australian National Audit Office Inquiry into the failed visa privatisation process and implementation of other public sector IT…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.