ICA puts NSW bushfire losses at $15.3mn
The Insurance Council of Australia (ICA) declared an insurance
catastrophe for bushfires that swept across parts of the state of
New South Wales over the weekend.
As of Tuesday morning, local time, the ICA estimated insured
losses were at least $20mn ($15.3mn).
It said the figure would likely rise as residents return to
their homes and businesses to assess the damage.
In the statement ICA CEO Rob Whelan said: "At least 30
homes and other properties have been lost, and...
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