All Australians will foot the bill after climate disasters leave insurance industry on the brink

ABC Australia

Lean Left

High Factuality

Government: Australian Government

All Australians will foot the bill after climate disasters leave insurance industry on the brink

Floods, bushfires, and severe storms send insurance costs skyrocketing. It's high time for Australia to heed warnings from other parts of the world before insurance becomes unaffordable for all Australians — or simply unavailable.