Australia Bushfire Funding ‘Welcome’ but Insurance Tax Rise ‘Unsustainable:’ ICA

The Insurance Council of Australia (ICA) welcomed the budget announcement from the state of Victoria of A$517 million (US$401 million), which will be allocated across several bushfire risk reduction projects. However, the ICA emphasized that the projected growth in taxes …

from News – Insurance Journal https://ift.tt/2Tc1Rat