A proposal by the government of New South Wales that would make the installation of smoke detection devices in homes mandatory has received the backing of the Australian insurance industry
According to a report in The Australian, Emergency Services Minister Tony Kelly has met with insurance company representatives and has received support for the proposal. The government plans to officially introduce the measure on June 13.
The regulation would allow Australian insurers to take the presence (or absence) of smoke detection devices into account in setting homeowners’ premiums.
The initiative move comes after a series of recent fires in the State which have claimed 13 lives.
Was this article valuable?
Here are more articles you may enjoy.
CSU Lowers Atlantic Hurricane Forecast to ‘Well Below Normal’
Citadel Securities Asks to Join Susquehanna Insider-Trading Suit
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI
Snap Nears Settlement of Addiction Case Ahead of Jury Trial