Insured losses from bushfires total $54 million: Insurance Council
Posted On: Dec. 1, 2015 12:00 AM CSTThe Insurance Council of Australia has said that insured losses from the bushfires in Australian state of South Australia have totaled $75 million Australian ($54 million), reported ABC Online.
The losses "are expected to rise significantly in coming days as assessors continue investigating claims from policy holders," said the ICA.