The Latest Breaking News from Karl Mallon

Insurers urged to move quickly on Cyclone Alfred claims

Billions in damage and a flurry of insurance claims are expected to follow Cyclone Alfred, and Treasurer Jim Chalmers is confident the industry is prepared.

AAP · Mar 5, 2025

From paradise to hell and back: why leaving isn’t an option for some flood-hit north Queenslanders

Residents of Bluewater are picking up the pieces and rebuilding their homes – with or without insurance

The Guardian - AU · Feb 7, 2025

Australia’s black summer bushfires ripped billions from the tourism industry. Is global warming making the cost of natural disasters worse?

Exclusive: The impact on businesses was widespread, even in areas relatively unaffected by the disaster, study finds

The Guardian - AU · Jan 30, 2024

Alarm bells of a 'climate sub-prime' facing finance, as insurance on home loans gets tricky

The insurance industry admits that some parts of the country will become increasingly difficult to insure as extreme weather takes hold. What does this mean for bank loans that are underwritten by them and prospective homebuyers taking them out?

ABC News · Oct 6, 2022

Climate change means 1 in 25 homes could become uninsurable by 2030

Australia is going to face an "insurability crisis" in under a decade as climate change forces insurance premiums to "skyrocket", a report from the Climate Council warns.

ABC News · May 2, 2022

Thousands of properties are at risk from rising sea levels and tides. Here's how to protect yourself against coastal erosion and inundation

Buying a home involves a lot of research and checks — but when it comes to the effects of sea level rise, buyers have largely been left to go it alone.

ABC News · Apr 5, 2022