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Flood insurance brisbane Queensland 2011 floods: New study – should be used to charge fairer insurance premiums – ABC News (Australian Broadcasting Corporation)

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Flood insurance brisbane ******* Queensland 2011 floods: New study ‘should be used to charge fairer insurance premiums’ Goodna, west of Brisbane, was one of the many suburbs that had significant household damage after the 2011 flood. Dennis: User submitted Insurers should use a new study of the Brisbane River catchment to reduce premiums for flood insurance, a leading hydrologist and the Mayor of Ipswich have said. Key points: New study of Brisbane River touted as “flood bible” by Ipswich Mayor Paul Pisasale Hydrologist and Mr Pisasale say it should be used by insurers to provide more specific premiums Suncorp insurance non-committal about reductions The hydrological study commissioned by the State Government after the 2011 Queensland Floods Commission of Inquiry will be used by the Brisbane, Ipswich, Lockyer Valley and Somerset councils to update their local maps and plans. It is expected some properties will be added to the flood prone list, and some will be removed...