More MPs are supporting the expansion of Australia's cyclone reinsurance plan to include fire and flood coverage

Flood-affected towns have asked for the Commonwealth's proposed cyclone reinsurance programme to be expanded to include additional natural catastrophes, according to state and federal MPs from both parties.

Even before the present crisis, many people hit by Australia's recent east coast flooding couldn't afford insurance.

On Tuesday, insurance experts told a federal Senate committee that there was a "market....