'We're not insured': Townsville flood leaves policyholders stranded

Decisions were based on the risk of a ‘one-in-100-year’ flood, but the downpour was much more severe

Like most doctors, Michael Clements says he’s “risk-averse”. When he established his medical practice in the Townsville suburb of Idalia, he checked the area’s flood history. He hired surveyors and spoke to the council.

There was, they all said, little to worry about.

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from The Guardian http://bit.ly/2Ea1vHe
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