News
The big business cost bucking the trend and tracking south
15+ hour, 28+ min ago (825+ words) Marsh insurance brokers say some commercial insurance premiums have fallen by as much as 60%. Commercial insurance premiums are expected to keep falling throughout the year, as the global reinsurance market remains soft. Commercial property, professional indemnity and business interruption insurance…...
How risky is your home? The fight over flood models and soaring premiums
5+ day, 11+ hour ago (832+ words) At a time when one-in-100-year storms are more frequent and some areas in New Zealand struggle to get home insurance, the owners of two Bream Bay homes got very different results when they complained to Tower about soaring house…...
Could your home become uninsurable, unbankable and worthless?
1+ mon, 4+ hour ago (608+ words) Insurers have begun their retreat as climate change bites. Back-to-back disasters in recent years have pushed insured loss into the billions and forced tough questions about what can still be covered. Home owners in flood- and coast-exposed areas are starting…...