Insurers close 60% of Townsville, Australia, cat flood claims

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The Insurance Council of Australia (ICA) said that 60 percent of insurance claims lodged since the Townsville floods were declared a catastrophe have been closed “marking a significant milestone in the city’s recovery”.

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Insurance Council of Australia, Townsville Floods, Catastrophe, Insurance, Reinsurance, Karl Sullivan, Australia

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Insurers close 60% of Townsville, Australia, cat flood claims

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