The Insurance Council of Australia (ICA) has announced that it welcomes the joint Commonwealth and State plans for disaster resilience initiatives in 2010-11 which have recently been released. The ICA says it supports government initiatives that assist the community to become increasingly resilient to extreme weather events, recognising that it is in the national interest of all Australians.
ICA Chief Executive Officer Mr Rob Whelan said, “Every year Australian communities face devastating losses caused by disasters such as bushfires, floods, storms and other extreme weather events. These disasters impact communities, the economy, infrastructure and the environment. Initiatives that assist communities to be better prepared and to successfully contribute to their own recovery and re-establishment will become even more important in the future.”
During the recent 12 months the ICA has developed various submissions calling for a greater emphasis by government on community adaptation to extreme weather events. This includes: stronger building codes to protect structures from extreme weather hazards; more risk-appropriate use of land; greater emphasis on hazard mitigation infrastructure and; assistance for communities to help them better understand the potential risks they face. The ICA also believes it requires policy settings at both federal and state levels encouraging individuals to financially protect themselves against loss.

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By | 2014-11-11T06:42:33+00:00 October 13th, 2010|Insurance, Insurance News, Insurers|