Insurer cuts Roma premiums after flood levee workBy Fidelis Rego, Friday July 25, 2014 - 10:27 EST
Queensland's biggest insurer says it is cutting insurance premiums for customers in Roma because the risk of natural disasters affecting the town has dropped.
In 2012, Suncorp refused to write new policies after the town was hit by record floods a year earlier.
A levee has now been built around part of the town and Suncorp says it will drop premiums by about 45 per cent on average.
© ABC 2014
More breaking news
Perth has recorded above 40 degree Celsius temperatures for three days in a row, melting a February record which has stood for more than 50 years.
The plan to turn a historic outback Queensland hospital building into a medical museum is a step closer to reality with the project given more than $140,000 in drought funding.
Records tumbled at the Roma saleyards, where strong demand saw a record price of $1,880 paid for a cow and calf unit.