QLD:Insurers 'gouging' since Qld floods

AAP General News (Australia)
01-16-2012
QLD:Insurers 'gouging' since Qld floods

By Patrick Caruana

CAIRNS, Jan 16 AAP - Insurers who have dramatically raised their premiums since the
Queensland floods are guilty of `gouging' customers, Premier Anna Bligh says.

In one case, the North Burnett Council was asked to pay 65 per cent more to insure
its property - a rise of almost $100,000 compared to last year.

The Premier said some insurance companies were being unfair.

"It is clear that some insurance companies are increasing at a rate that I think is
beyond reasonable," she told reporters in Cairns on …