IAG NZ warns it may withdraw from flood-prone areas without faster risk reduction
Insurance company IAG NZ says it could stop offering cover in flood-prone regions unless the Government accelerates efforts to reduce natural hazard risks.
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Insurance company IAG NZ says it could stop offering cover in flood-prone regions unless the Government accelerates efforts to reduce natural hazard risks.
The Government will seek Cabinet advice next week on whether to continue the $50 weekly boost to working families' in-work tax credit.
Finance Minister Nicola Willis is seeking guidance on consolidating the more than 100 separate insurance contracts covering public assets.
The Natural Hazards Commission is examining smarter, more cost-effective ways for the Crown to insure infrastructure risks, currently managed across more than 100 separate contracts.