@article {BF-3247,
	title = { Flood risk, insurance and emergency management in Australia},
	journal = {The Australian Journal of Emergency Management},
	volume = {27},
	year = {2012},
	month = {April 2012},
	chapter = {20},
	abstract = {The recent flooding events in Queensland in 2011 and the recent flooding occurring in New South Wales in 2012 have exemplified the existence of institutionally entrenched inadequacies within the current insurance regulatory regime. The biggest manifestation is the high penetration of inadequate insurance coverage. The consequence of inadequate insurance is economic mayhem for those who have endured property losses arising from weather-related disasters. This paper reviews the lessons from the Queensland floods (December 2010 {\textendash} February 2011) and identifies that two major issues are the cost and availability of flood cover. It is argued that if insurers assist with mitigation measures, by assisting home owners to understand and prepare for floods, they reduce the cost to insurers, and therefore of insurance, which will ultimately be a benefit for all. },
	url = {http://www.em.gov.au/Publications/Australianjournalofemergencymanagement/Currentissue/Pages/AJEM\%20Vol\%2027/Flood-risk,-insurance-and-emergency-management-in-Australia.aspx},
	author = {Rachel Anne Carter}
}
@article {BF-2786,
	title = {Economic Management of Disaster Resilience and Recovery: Remedying the Insurance Problem},
	year = {2011},
	month = {July 2011},
	author = {Rachel Anne Carter}
}
@article {BF-2522,
	title = {Sharing risk: Financing Australia{\textquoteright}s disaster resilience},
	year = {2011},
	month = {Februray 2011},
	institution = {Australian Strategic Policy Institute},
	abstract = {This paper argues that it{\textquoteright}s time to start thinking strategically about how we can reduce future losses from natural disasters and aid victims in their recovery efforts. We should be asking fundamental questions about how private insurance and government assistance can be better leveraged to help communities recover.

The paper makes nine recommendations to strengthen the role of insurance for Australian disaster resilience including:
 
*establishing a regular dialogue between the insurance sector and state and federal governments to allow both sides to look at long-term disaster mitigation and recovery strategies

*encouraging governments and insurers to work to develop programs that enhance financial literacy as a way to reduce disaster losses and cost-effective ways for individuals to be financially rewarded for taking measures to safeguard their properties

* supporting mortgage lenders to require a property to have full insurance coverage against natural hazards and for this to be well enforced

* implementing the Henry Review on tax that specific taxes on insurance products be abolished

*embedding mitigation efforts with disaster assistance funding to reduce risk exposure for communities and insurers

* conducting comprehensive landscape assessments to ensure insurance premiums are based on risk and thus send a signal to people to reduce their vulnerability to major disasters

* urging the Council of Australian Governments (COAG) to commission a study on initiatives to enhance the take-up of insurance cover and examine various schemes to encourage resilience through insurance arrangements.

We need a new approach to financing the costs of natural disasters and encouraging those living in high-risk areas to be better prepared. The reality is that all Australian taxpayers will have to bear a share of this cost.

The authors are Dr Anthony Bergin, and Edward Mortimer, from ASPI and Rachel Carter, Associate Lecturer in Law, Latrobe University.},
	url = {http://www.aspi.org.au/publications/publication_details.aspx?ContentID=280\&pubtype=-1 },
	author = {Edward Mortimer and Anthony Bergin and Rachel Anne Carter}
}
@article {BF-4280,
	title = {Wild fires - the legal regulatory system of insurance and emergency services funding},
	journal = {Southern Cross University Law Review},
	volume = {14},
	year = {2011},
	month = {2011},
	pages = {75-92},
	chapter = {75},
	abstract = { In Australia there is no specific insurance for catastrophic losses. This is particularly problematic due to the propensity for the nation to be subject to severe geographical and climatic events such as extreme bushfires which are becoming increasingly frequent and increasingly severe. Despite this trend in increased catastrophic events and the additional strains upon the system after events such as Black Saturday and to a lesser extent after other smaller wildfires the system has retained its pre-disaster status quo. To compound this problem, the situation is particularly grave for many Australians who remain uninsured or underinsured. It has been suggested that {\textquoteright}almost 70\% of tenants have no contents cover.{\textquoteright} This problem was exposed as a result of the Black Saturday fires in Victoria during February 2009 when approximately one third of people in some of the affected areas were inadequately insured. Although there is inconsistency with the precise figures regarding the number of inadequately insured people, it has been suggested to be much higher than the number of those who were uninsured. The consequential property and economic loss resulting from Black Saturday was largely alleviated due to the generosity of the Australian public. This however raises issues regarding the maintenance of our current system and its ability to cope with the increasing number of catastrophic events.},
	keywords = {Fire insurance premiums, Manners and customs, Public health, Social history},
	issn = {1329-3737},
	url = {http://search.informit.com.au/documentSummary;dn=105427907393771;res=IELHSS},
	author = {Rachel Anne Carter}
}
