Coral Sea Marina Resort, together with the wider maritime industry in Northern Australia and the Australian Consumer Insurance Lobby, is calling for urgent government intervention to address the soaring insurance premiums for marine operators.

The former LNP Government’s commitment to include marine insurance in the Cyclone Reinsurance Pool, announced during its launch on 1st July 2023, was met with anticipation and hope by marine operators across northern Australia. This inclusion was seen as a…

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