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New Zealand is going bananas, we had a series of weather events that massively drew down on insurance, 6-18months later everyone's getting whacked with big incr
by RowanH 3y ago
New Zealand is going bananas, we had a series of weather events that massively drew down on insurance, 6-18months later everyone's getting whacked with big increases. Furthermore insurance companies are starting to take the position of 'we won't insure x/y/z strips of land - too risky' (where councils really shouldn't have allowed building in the first place)
Times are going to get interesting..