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Floods That Are Not Floods
by James Irish
The insurance issues that arose from floods in the Sydney-Gosford region in the 1980s, and at Benalla, Coffs Harbour, Townsville, Katherine, and Wollongong in the last five years are reviewed. The current situation in relation to the design of 'flood' products for dwellings in the New South Wales market is noted, to the extent that this is publicly known. Some recommendations for the form that 'flood' cover should take and for industry cooperation in hazard rating are made.
The full paper has been published in Adobe Acrobat format. If you already have Adobe Acrobat installed, click here to view the paper. (71Kb)
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