Assistant Treasurer Bill Shorten has spoken out on flood insurance and insurers’ attitudes in an exclusive interview with Insurance News (the magazine). Calling for the industry to “use its wit and intelligence” to address flood insurance issues, he also says the standard definition of flood “is only a first step”. Read the full interview in the April/May edition of Insurance News.

The magazine is being distributed this week by Australia Post. It also features global experts talking about the impact of earthquakes and floods on Australian reinsurance rates, examines how Christchurch-based insurance professionals are putting tragedy and terror behind them to get on with the job, and explains some new advances that will change the way motorists are risk-rated.

You’ll also find interviews with the CEOs of CGU and global broker JLT, plus a five-page report on the giant Steadfast Convention in Melbourne earlier this month.

And by arrangement with loss management expert Allan Manning, we’re offering a free four-page PDF explaining in simple terms what people need to know about insurance on flood and other water perils – a helpful guide for all insurance-buyers.

All that and a whole lot more in the latest free edition of Insurance News (the magazine) – the general insurance industry’s brightest and best print publication.