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Crippling insurance premiums for residents and business will be reduced with new legislation in Federal Parliament to reduce insurance premiums in cyclone prone regions. The Reinsurance Pool is expected to begin on July 1 and is expected to reduce insurance premiums by up to $2.9 billion for policies over 10 years. More details here https://bit.ly/38WpSHh #rdamidwestgascoyne #insurance #AusGov
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