Lismore residents affected by the 2022 floods are still waiting for their insurance claims to be resolved. The federal inquiry into the insurance industry's response to the disaster is currently in the city, urging affected individuals to make submissions. The inquiry aims to report by September 30 this year.
Lismore residents are still waiting to resolve insurance claims more than two years since the devastating 2022 floods.
Ms Hundy's story was one of many heard at the flood insurance inquiry hearing in Lismore today, a city in the heart of a region decimated by flooding in early 2022. Kate Olivieri from East Lismore said her insurance contractors broke into her 137-year-old home and took valuable hardware, including doors.
He said he knew of cases in Lismore where numerous hydrologists from different insurance companies were operating in the same area, and coming up with different outcomes. "It's hard to walk down the street when people are coming up to you and crying on your shoulder telling these stories.Page MP Kevin Hogan called on council representatives to speak up if they had concrete solutions that could feed into recommendations from the inquiry.
He said a lot of business owners were now self-insured for flood and had "100 per cent skin in the game", which meant they were coming up with innovative solutions to protect themselves.
Lismore Residents Insurance Claims Floods Federal Inquiry Response Disaster Submission
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