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Insurance reaches $60m in deadly Western Australia fires

The cost of deadly Western Australian bushfires has climbed to $60 million and the figure is expected to rise, according to insurers.

The Insurance Council of Australia says several hundred calls have been made to insurers following bushfires that killed two people and razed 143 properties in the state’s southwest. The shires of Waroona and Harvey have been hardest hit and the town of Yarloop decimated in bushfires that continue to rage since they were sparked by lightning on Wednesday.

“Insured losses are now estimated at $60 million and are continuing to rise. More detailed figures will be released later in the week,” Insurance Council of Australia said in a statement on Monday.

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Neil Bibby was Chief Executive Officer of the Country Fire Authority between 2002 and 2009 and Managing Director People and Innovation