❓ Mr. Hunter questions the government's actions regarding insurance affordability and availability for private properties in WA, particularly in high-risk areas, and seeks information on potential government interventions and Commonwealth coordination.
⏳ Awaiting AnswerQoN 2294Legislative Assembly
QuestionView source ↗
I refer to the insurance market for private properties in Western Australia and I ask:(a) What steps is the Government taking to ensure that private property across Western Australia remains adequately insured;(b) Has the Government undertaken any modelling or received advice on areas where insurance is:(i) becoming unaffordable; and(ii) at risk of being withdrawn entirely;(c) What policies or interventions is the Government considering to ensure insurance remains available at an affordable price for:(i) households;(ii) farmers and primary producers; and(iii) small businesses;(d) Will the Government consider direct intervention mechanisms, including:(i) underwriting schemes;(ii) public reinsurance models; and(iii) disaster risk pooling;(e) What actions will the Government take if insurers refuse to insure certain properties or regions:(i) will the Government act as insurer of last resort; and(ii) if not, what protections exist for affected property owners;(f) Has the Government engaged with insurers regarding withdrawal of coverage in high risk regional or costal areas:(i) if yes, what was the outcome; and(g) What coordination is occurring with the Commonwealth regarding national insurance affordability and availability?
I refer to the insurance market for private properties in Western Australia and I ask:
(a) What steps is the Government taking to ensure that private property across Western Australia remains adequately insured;
(b) Has the Government undertaken any modelling or received advice on areas where insurance is:
(i) becoming unaffordable; and
(ii) at risk of being withdrawn entirely;
(c) What policies or interventions is the Government considering to ensure insurance remains available at an affordable price for:
(i) households;
(ii) farmers and primary producers; and
(iii) small businesses;
(d) Will the Government consider direct intervention mechanisms, including:
(i) underwriting schemes;
(ii) public reinsurance models; and
(iii) disaster risk pooling;
(e) What actions will the Government take if insurers refuse to insure certain properties or regions:
(i) will the Government act as insurer of last resort; and
(ii) if not, what protections exist for affected property owners;
(f) Has the Government engaged with insurers regarding withdrawal of coverage in high risk regional or costal areas:
(i) if yes, what was the outcome; and
(g) What coordination is occurring with the Commonwealth regarding national insurance affordability and availability?
I refer to the insurance market for private properties in Western Australia and I ask:
(a) What steps is the Government taking to ensure that private property across Western Australia remains adequately insured;
(b) Has the Government undertaken any modelling or received advice on areas where insurance is:
(i) becoming unaffordable; and
(ii) at risk of being withdrawn entirely;
(c) What policies or interventions is the Government considering to ensure insurance remains available at an affordable price for:
(i) households;
(ii) farmers and primary producers; and
(iii) small businesses;
(d) Will the Government consider direct intervention mechanisms, including:
(i) underwriting schemes;
(ii) public reinsurance models; and
(iii) disaster risk pooling;
(e) What actions will the Government take if insurers refuse to insure certain properties or regions:
(i) will the Government act as insurer of last resort; and
(ii) if not, what protections exist for affected property owners;
(f) Has the Government engaged with insurers regarding withdrawal of coverage in high risk regional or costal areas:
(i) if yes, what was the outcome; and
(g) What coordination is occurring with the Commonwealth regarding national insurance affordability and availability?
AnswerView source ↗
⏳
This question is awaiting a response from the Minister.
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