Cyclone Larry Claims Reach $256 Million
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.
Popular Today
- Miami Beach Buildings Sinking at Different Rates, Due to Construction, Study Finds
- 3M Commits Nearly $7.4 Billion to Settle PFAS-Related Claims
- As AI Laws Proliferate, Liability and Coverage Questions Multiply
- Google AI in School Triggered Teen’s Mental Health Crisis, Lawsuit Says
Popular This Month