A bulletin from Australia’s Insurance Disaster Response Organisation (IDRO) notes that claims from Cyclone Larry, which devastated parts of Northern Queensland last month (See IJ Website March 21 and updates) have now reached A$350 million (U.S.$255.8 million).
IDRO said that the country’s insurers had so far received 18,000 claims.
Was this article valuable?
Here are more articles you may enjoy.
Musk’s xAI Faces California AG Probe Over Grok Sexual Images
Storm Goretti Batters Europe With Violent Winds, Power Cuts
Singer’s Elliott Sued by PE Firm in Escalating Fight Over Money
What The Return of California’s ‘Death Discount’ Means for Litigation