Deb­bie dam­age bill at $ 1b

Townsville Bulletin - - NEWS -

THE in­sur­ance bill from Trop­i­cal Cy­clone Deb­bie has al­most hit $ 1 bil­lion.

In­sur­ers have re­ceived more than 58,000 claims – stretch­ing from North Queens­land to north­ern New South Wales – worth $ 988 mil­lion. More than 80 per cent of claims were for dam­age to homes or con­tents and al­most 90 per cent of the claims were made in Queens­land.

In March, Cy­clone Deb­bie hit the coast near Air­lie Beach as a Cat­e­gory 4 sys­tem, and then con­tin­ued south over the next week and af­fected north­ern NSW. The Queens­land Bud­get es­ti­mated the im­pact of Deb­bie to the Queens­land econ­omy at $ 2 bil­lion.

The In­sur­ance Coun­cil of Aus­tralia will run fo­rums in cy­clone and flood- prone re­gions of Queens­land next month.

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