The cold front tracking through the south-east and accompanied by highly damaging wind gusts moving at 100km/h will affect parts of Victoria, Tasmania, New South Wales and South Australia.
In his final report released in February 2019, Commissioner Hayne disclosed a list of changes expected to breathe a new lease of life into the general and life insurance products along with the overly-regulated financial services industry. The new recommendations included limiting and banning commissions, and increasing the obligations of insurers towards consumers.
Cyclones have turned into monsters across the world in the last four decades, the analysis of observational data has revealed, backing what both theory and computer models suggested long ago: climate change is causing emerging storms to be more intense and highly destructive.
While the Australian Financial Complaints Authority (AFCA) acknowledged that bushfires close-by had a significant impact on the small business, the claimant’s policy with Suncorp-owned AAI clearly stipulated that any loss or damage suffered must be physical in nature.
Torrential rainfall and highly dangerous winds are forecast to emanate from WA’s north-west before moving south-east to the rest of the state on Sunday and Monday.
Surprisingly, one of the coronavirus outcomes has been a significant increase in clients contacting their insurance companies; and all for good reasons and Queensland has taken note.
Apparently, Australia records about 60 tornadoes each year, mostly in New South Wales and Queensland, with Victoria recording just one or two in a year.
The abnormally impending cold season is being brought on by a distinct merge of icy conations in NSW and Victoria driven into Queensland by unrelenting Southerly winds.
According to Ms Banerjee, one of the victims was a little girl from Howrah district, who succumbed to injuries when a wall in her house collapsed.
The city’s western suburbs were battered by severe winds and heavy rainfall early morning of Wednesday, leaving some of the residents with uninhabitable houses and many more with significant damages on their roofs.