Insurance: Changes in Terrorism Act

We’ve Listed The Latest Changes to Terrorism Insurance Act 2003 (Cth)(the ACT) Below: Changes to the Terrorism Insurance Act 2003 (Cth)(the ACT) become effective from July 2017, and some mixed-use commercial and residential strata buildings will see new terrorism levies of up to 16%, plus statutory charges on affected policies. These changes broaden the definition of … Continue reading Insurance: Changes in Terrorism Act