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TIO Chairman Bruce Carter said the insurer was commercially competitive and had not been subsidising Territorians. "If Allianz blows up the premiums, it blows up the business,tom brady jersey kids," he said. "It's a properly competitive market that is not going to allow the practices (of quadrupling premiums)." Mr Peiris confirmed that under Allianz,richard sherman fanatical version jersey, May's expected premium rises will be spread over three years. Allianz has admitted this will result in substantial premium increases for Katherine residents, but it is not yet known whether that will be a doubling in cost, as predicted,greatjerseysonline.com, or even blowing out to quadruple current premiums as feared. Next week comparable employment offers would be made to all current TIO staff excluding a pool of about seven executives, and they were expected to be transferred to Allianz by January 2. It's not yet clear how many people will lose their jobs. Meanwhile,pro bowl jerseys 2014, 8000 people who banked with TIO would be transferred to People's Choice Credit Union,tom brady football jersey, boosting its NT customer base of 33,000 by almost a third. The government announced last week that $50 million would be put into flood mitigation programs for Katherine, Rapid Creek in Darwin and the flood-prone rural area. This announcement is the first in its community development investment program.
