Petition updateHelp North Queenslanders get fair and affordable insurance premiumsSubmissions Open For Public Reading 8/10/15

Margaret ShawAustralia
Oct 8, 2015
The submission to the Taskforce Interim Report are now open to the public. I have read them all bar 5, working on it.
ALL the submissions from the insurance companies make reference to the submission from the ICA – they see no reason to interfere in an operating market.
ALL the submissions from everyone else (that I’ve read so far), see only reasons to interfere in the market.
The interesting submissions are from the Financial Rights Legal Centre and from the Chamber of Commerce and Industry Queensland. The latter produces figures on QLD business insurance showing increases in a single year of up to.... 2,500%
Please note – the 3rd solution put forward by the ICA only applies to pre 1982 properties and owner occupiers, so please ask the ICA: What about the rest of us?
Submissions page - http://treasury.gov.au/ConsultationsandReviews/Reviews/2015/NAIP-Taskforce/Consultation-Process/Submissions
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