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AAP
AAP
Poppy Johnston and Kat Wong

More insurance pain possible following LA fires

Natural disasters like bushfires and floods have increased insurance costs beyond inflation. (Dan Himbrechts, Darren Pateman/AAP PHOTOS)

Devastating fires in Los Angeles could keep upwards pressure on insurance premiums in Australia at a time when many are already priced out of coverage.

Climate change is ratcheting up the frequency and scale of events like the disastrous wildfires still threatening lives and homes in southern California.

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