Insurance Council Warns About Sea Level Rise
Last week CEO of the Insurance Council of New Zealand Tim Grafton spoke in Thames about what climate change and sea-level rise means for the insurance cover for your house or business.
Mr. Grafton stated bluntly that as destructive sea flood events become more frequent, insurance companies will steadily raise insurance premiums and excesses, and eventually will withdraw cover for flood damage. How soon will depend on how quickly Jan 5 type storm surge events, or worse are repeated.
He also warned that banks will begin to shorten mortgage terms and will ultimately refuse to lend at all on at-risk coastal properties, causing values to plummet.
Read more here…
teggtalk.wordpress.com...
Poll: Do you think banning gang patches is reasonable?
With the government cracking down on gangs, it is now illegal for gang members to display their insignia in public places whether through clothing or their property.
This means arrests can be made if these patches are worn in places like restaurants, shops, on public transport or ferries, and on airplanes. Arrests were made recently at a funeral.
Do you think this ban is reasonable?
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76.3% Yes
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22.3% No
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1.4% Other - I'll share below
What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.1% Yes
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15.2% No
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2.7% Other - I'll share below
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