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The costs of extreme weather: Why Australians are paying more

Sofie Formica

A new report from the Insurance Council of Australia reveals that Queensland has faced nearly $2 billion in insured losses over the past 12 months alone.

Deputy CEO of the Insurance Council of Australia, Kylie Macfarlane, joined Sofie Formica on 4BC Afternoons to discuss why insurance costs continue to rise, and what needs to be done to mitigate this trend.

Hear more highlights from Sofie Formica below and download the 4BC App on iOS or Android to ensure you don’t miss a thing!

Image: iStock

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Sofie Formica
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