Liability Insurance :: News
SHARE

Share this news item!

North Queensland Faces Swift Response Amid Devastating Floods

North Queensland Faces Swift Response Amid Devastating Floods

North Queensland Faces Swift Response Amid Devastating Floods?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.

North Queensland is grappling with severe floods due to torrential rains, prompting the Insurance Council of Australia (ICA) to declare the situation a significant event.
The worst-hit regions include Townsville and Ingham, where the impact has been profound.

The deluge has already caused chaos in these northern parts of Queensland, with more hazardous conditions expected in the coming days. "The volume and intensity of this weather has already caused damage across parts of northern Queensland, with the risk of flash flooding expected to continue," remarked ICA CEO Andrew Hall.

Insurers are keen on providing swift assistance to affected communities. Hall emphasized, "Insurers understand the impact of these extreme weather events and will move quickly to ensure communities receive the assistance they need as soon as possible. We are working with the Queensland authorities and will keep the community updated as situations evolve."

Emergency services evacuated Townsville suburbs, and the Bruce Highway's Ollera Creek Bridge was destroyed by floods. Alert levels for the Ross and Herbert rivers remain high, while over 100 schools have shuttered due to the crisis.

The Bureau of Meteorology reported unprecedented rainfall, with senior meteorologist Matthew Collopy stating, "The heavy rainfall we have seen over northern Queensland over the past week has been extreme." Certain areas recorded rainfall exceeding 1200mm, with Rollingstone receiving 1286mm in just a week.

The severe weather has been attributed to a weakening low-pressure system, although the threat of localized heavy rain remains. "We remain prepared for the ongoing prospect of more rain and the likelihood of more flooding," noted Queensland Premier David Crisafulli.

If claims rise significantly, ICA might escalate the situation to an insurance catastrophe. The affected regions range from Townsville and Ingham to Cardwell, all included under the current significant event declaration. This decision follows insights gathered from the original article from ICA's announcement.

RACQ reported receiving 76 claims by early morning, a figure expected to grow as locals assess the damage. Major insurers, such as Suncorp, IAG, and RACQ, have activated response teams to provide immediate relief to their policyholders.

Victoria also faced severe weather conditions, with thunderstorms causing havoc, particularly in Geelong amid an ongoing heatwave. The city council detailed the aftermath: "We saw flash flooding, hail and wind damage, and widespread power outages with over 90 trees coming down across Geelong." Response efforts are ongoing as teams assess and prioritize repairs.

The Victorian State Emergency Service confirmed receiving 770 help requests within 24 hours, highlighting incidents of fallen trees and building damage. Geelong's vicinity experienced the majority of these calls, with units in South Barwon and Corio among the busiest.

Published:Monday, 3rd Feb 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

Strengthening Agricultural Insurance: Rural Affinity and Munich Re's Renewed Partnership
Strengthening Agricultural Insurance: Rural Affinity and Munich Re's Renewed Partnership
10 Feb 2026: Paige Estritori
Rural Affinity has renewed its partnership with Munich Re Specialty - Global Markets under a new five-year agreement, continuing a collaboration that began in 2006. This renewed alliance aims to support Rural Affinity's efforts to expand its agricultural insurance offerings across Australia and introduce new products leveraging technology and innovation. - read more
AFCA Mandates Insurer Payout for Engine Overheating Incident
AFCA Mandates Insurer Payout for Engine Overheating Incident
10 Feb 2026: Paige Estritori
The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of a truck owner whose insurance claim was initially denied following an engine overheating incident. This decision underscores the complexities surrounding insurance claims related to driver negligence and mechanical failures. - read more
AFCA Supports Insurer in Truck Theft Claim Denial
AFCA Supports Insurer in Truck Theft Claim Denial
10 Feb 2026: Paige Estritori
The Australian Financial Complaints Authority (AFCA) has recently upheld an insurer's decision to deny a truck theft claim, citing misrepresentation of the insured's insurance history. This ruling highlights the critical importance of accurate disclosure when obtaining insurance coverage. - read more
AFCA Sides with Freight Company in Dangerous Goods Disclosure Case
AFCA Sides with Freight Company in Dangerous Goods Disclosure Case
10 Feb 2026: Paige Estritori
The Australian Financial Complaints Authority (AFCA) has recently ruled in favour of a freight company in a dispute over the disclosure of transporting dangerous goods. This decision provides valuable insights into the obligations of transport companies regarding insurance disclosures. - 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
Freelancer or Employee? Understanding the Difference and the Liability Implications
Freelancer or Employee? Understanding the Difference and the Liability Implications
The contemporary business landscape in Australia is witnessing a significant shift towards the gig economy, with a growing number of professionals opting for the flexibility and autonomy that freelancing offers. This trend has not only revolutionized the way work is performed but has also introduced new dynamics in the legal distinctions between freelancers and traditional employees. - read more
Understanding Product Liability Insurance in Australia: A Business Owner's Guide
Understanding Product Liability Insurance in Australia: A Business Owner's Guide
As a business owner in Australia, navigating the complexities of protecting your company is crucial, with product liability insurance being an essential aspect to consider. This type of insurance is designed to shield businesses from financial losses that may arise if a product they manufacture, supply, or sell causes harm to a consumer or damages property. - read more
Critical Risk Management Strategies for Every Australian Tradesman
Critical Risk Management Strategies for Every Australian Tradesman
Welcome to the crucial world of risk management for Australian tradesmen. Whether you're a seasoned professional or just starting, understanding and mitigating the inherent risks in the trades industry is paramount to both the safety and sustainability of your business. This article intends to guide you through the world of risk management, emphasizing the pivotal role of liability insurance. - read more


Start Here !
Start here!
Cover Amount:
Postcode:

All quotes are provided free and without obligation by a specialist from our national broker referral panel. See our privacy statement for more details.


Knowledgebase
Trauma Insurance:
An insurance that pays a lump-sum amount on the diagnosis of one of several critical illnesses or events