Liability Insurance :: News
SHARE

Share this news item!

Storm Devastation: Over 11,000 Claims Filed in NSW and ACT After Severe Weather

Storm Devastation: Over 11,000 Claims Filed in NSW and ACT After Severe Weather

Storm Devastation: Over 11,000 Claims Filed in NSW and ACT After Severe Weather?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The recent onslaught of electrical storms that lashed across New South Wales (NSW) and the Australian Capital Territory (ACT) has resulted in a flurry of activity from the insurance industry, as shown by the impressive number of claims filed.
In an eventful week of wild weather, the Insurance Council of Australia reported an influx of 11,366 claims tied to the severe storms that began on January 15.

The initial turbulence was marked by fierce electrical storms that toppled trees and brought down power lines, creating widespread chaos. Amplifying the destruction, gale-force winds followed two days later, exacerbating the damage across the regions.

A breakdown of the claims reveals that NSW bore the brunt of the storms, with 10,797 incidents reported. Out of these, home-related damages accounted for 9,918 claims, motor vehicle issues led to 1,059 claims, and commercial properties registered 389 claims. These numbers underscore the widespread impact on residents and businesses alike.

One of the major players in the insurance sector, Suncorp, has proactively responded to the crisis by activating its Mobile Disaster Response Hub in northern NSW. The insurer has already received 3,200 claims linked to the storm damage. "This marks the first operational use of our hubs since their completion in November last year, providing an additional layer of support for customers in their time of need," remarked Lilly Broodbank, executive manager of disaster management.

Suncorp’s Disaster Management Centre in Brisbane facilitated a rapid response by pinpointing the most affected communities. This strategic approach enabled them to efficiently allocate resources such as customer support teams, builders, and assessors, aimed at delivering essential relief to those hardest hit. The mobile hub is particularly valuable, offering face-to-face support from specialists and providing connectivity through Wi-Fi access and device charging services.

The challenges extend beyond insurance claims, as the NSW government works tirelessly to restore normalcy. A notable achievement is the restoration of power to approximately 300,000 homes and businesses. However, around 8,600 connections remain pending, with continued outages likely in the upcoming week due to extensive damage in remote areas.

Government support, facilitated under the Commonwealth-State Disaster Recovery Funding Arrangements (DRFA), was unveiled over the weekend. This initiative introduces various forms of assistance aimed at supporting recovery efforts. The aid includes:

  • Grants for low-income, uninsured residents to replace essential household items necessary for maintaining basic living standards.
  • Funding for essential structural repairs to return homes to a safe and habitable condition.

These efforts, both from the insurance industry and the government, are pivotal in helping affected communities recover and rebuild. As cited from the original source, the coordinated response efforts serve as a testament to the ongoing commitment to support individuals and businesses impacted by such natural disasters.

Published:Tuesday, 21st Jan 2025
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Insurance News

Allianz Announces Further Reductions in Broker Commissions for Landlord Insurance
Allianz Announces Further Reductions in Broker Commissions for Landlord Insurance
28 Apr 2026: Paige Estritori
In a strategic move to ensure the sustainability of its home and landlord insurance portfolios, Allianz has announced a reduction in broker commissions. Effective from July 1, 2026, the maximum commission rate payable to brokers will decrease from 17.5% to 15%, with a further reduction to 12.5% slated for July 1, 2027. This decision reflects Allianz's response to ongoing challenges such as increased natural catastrophe activity, rising claims costs, and prolonged high inflation. - read more
Rising Insurance Premiums Pose Challenges for Australian Landlords
Rising Insurance Premiums Pose Challenges for Australian Landlords
28 Apr 2026: Paige Estritori
Australian landlords are encountering substantial increases in insurance premiums, driven by a combination of heightened claims resulting from natural disasters and the pervasive effects of inflation. Data indicates that home insurance premiums have escalated by over 50% in the past five years, placing additional financial strain on property investors. - read more
QBE Honored with Multiple Awards for Exceptional Landlord Insurance Value
QBE Honored with Multiple Awards for Exceptional Landlord Insurance Value
28 Apr 2026: Paige Estritori
QBE has been recognized with the 2026 National Award for Building & Contents Insurance, alongside state awards in New South Wales, Victoria, Western Australia, South Australia, Tasmania, Northern Territory, and North Queensland. This recognition underscores QBE's commitment to providing exceptional value to landlords across Australia. - read more
QBE Introduces Comprehensive Add-Ons to Landlord Insurance Policies
QBE Introduces Comprehensive Add-Ons to Landlord Insurance Policies
28 Apr 2026: Paige Estritori
In August 2025, QBE Insurance unveiled significant enhancements to its commercial landlord insurance offerings, introducing a suite of optional add-ons designed to provide more comprehensive protection for property owners. These strategic enhancements aim to equip brokers with additional tools to better serve their clients in a competitive market. - read more


Business Insurance Articles

Professional Indemnity vs Public Liability: What's the Best Choice for Your Small Business?
Professional Indemnity vs Public Liability: What's the Best Choice for Your Small Business?
As a small business owner, understanding the intricacies of liability insurance is pivotal to safeguarding the fruit of your hard work. Insurances such as professional indemnity and public liability are not just safety nets; they are vital components that can mean the difference between bouncing back and closing down following unforeseen legal hurdles. - read more
How to Lower Public Liability Insurance Premiums Without Sacrificing Coverage
How to Lower Public Liability Insurance Premiums Without Sacrificing Coverage
In the ever-evolving landscape of Australian commerce, business insurance stands as a crucial bulwark, safeguarding enterprises against unforeseen financial perils. Recognizing this, our in-depth exploration begins with an overview of the monumental role business insurance plays for Australian companies, both large and small. It's a cornerstone for risk management, providing business owners with peace of mind as they navigate the intricacies of their industries. - read more
The Top 5 Risks Small Businesses Face and How to Mitigate Them
The Top 5 Risks Small Businesses Face and How to Mitigate Them
Running a small business can be both rewarding and challenging. One of the key challenges is the variety of risks that can arise unexpectedly. These risks can range from financial uncertainties to operational hiccups, each potentially impacting your business's success. Understanding these risks and preparing for them is crucial for the longevity and sustainability of any small enterprise. - read more
How to Choose the Right Public Liability Insurance for Your Business
How to Choose the Right Public Liability Insurance for Your Business
Public liability insurance is a key consideration for business owners in Australia. This type of insurance helps protect businesses against claims made by third parties for injuries or property damage. But what exactly does it do? In simple terms, public liability insurance covers legal costs and expenses, as well as any damages awarded, if your business is found liable for an incident. - read more


Start Here !
Start here!
Cover Amount:
Postcode:

All quotes are provided obligation-free by a participating broker from our national referral partner network. We respect your Privacy.


Knowledgebase
Peril:
A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or flood.