Floods, fires drive Australian home insurance ‘crisis’ ...Middle East

News by : (Daily Sun) -
SYDNEY: Fiercer floods, winds and bushfires whipped up by warmer temperatures mean more than half a million homes in Australia will cost too much to insure by 2030, according to an analysis by a climate advocacy group published Tuesday.The Climate Council non-profit group issued the report after storms and floods battered Australia’s east coast in February-March this year, and following the 2019-20 “Black Summer” bushfires that killed 33 people as well as an estimated tens of millions of wild animals.“Climate change is creating an insurability crisis in Australia due to worsening extreme weather and sky-rocketing insurance premiums,“ the report said.By 2030, about 520,940 properties -- or ab

Hence then, the article about floods fires drive australian home insurance crisis was published today ( ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Floods, fires drive Australian home insurance ‘crisis’ )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار