AFCA awards almost $13 million to flood-affected insureds - Local - Insurance News
AFCA awards almost $13 million to flood-affected insureds 6 March 2023 The Australian Financial Complaints Authority (AFCA) has awarded $12.9 million in compensation and refunds from insurers to policyholders affected by record floods that struck NSW and Queensland a year ago. AFCA Chief Ombudsman and CEO David Locke expressed concern over the volume of general insurance complaints it has…
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