Council shares flood data to help reduce premiums

FLOOD information obtained by Shoalhaven City Council will be supplied to insurance companies in the hope of reducing premiums.

A number of councils have agreed to share their information to help insurance companies make more accurate flood risk assessments.

Cr Andrew Guile highlighted the issue after the Policy and Resources Committee recently voted not to share the information with insurance companies.

However at Tuesday night’s ordinary council meeting councillors voted in favour of sharing the information.

“Shoalhaven councillors saw reason in reversing their opposition to releasing flood study data to the insurance industry,” Cr guile said. 

“Providing this information is likely to mean more realistic premiums into the future,” Cr Andrew Guile said.

“Credit must also go to the Insurance Council of Australia and council’s senior staff who were able to identify the potential for this information sharing based on the experience of other NSW councils. 

“This issue demonstrates that councillors must always be dedicated to work for the public interest rather than playing politics on important issues that have a real impact on the quality of life of our residents.” 

Shoalhaven Mayor Joanna Gash said she wished Cr Guile would “grow up and be a part of council for the community”.

“Council is a team, it’s not just Team Gash.

“Cr Guile told us he got the information which other councillors hadn’t got at that time.

“If Cr Guile had been told other councils were sharing their information, why didn’t he share that with the staff and councillors?

“Why does he have to be so negative about things like this? 

“Admittedly, when staff last checked the information was correct, but things happens very quickly.”

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