Thursday, March 1, 2012

QLD:More transparency needed on insurance: LNP


AAP General News (Australia)
02-04-2011
QLD:More transparency needed on insurance: LNP

CAIRNS, Feb 4 AAP - The Queensland government needs to justify why it has not taken
out comprehensive insurance to protect its infrastructure from natural disasters, Opposition
Leader John-Paul Langbroek says.

"Queensland is the only state not to pay the premium for re-insurance, meaning many
companies do not share the risk of payouts," he said.

The Liberal National Party (LNP) is now calling on treasurer Andrew Fraser to justify
the decision.

"We should have the full analysis on why Queensland has decided to go it alone amongst
all the …

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