Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Wellington calls for intervention after insurance rates surge

Reprints
Christchurch Cathedral in ruins after 2011 earthquake

The Wellington City Council has urged the New Zealand government to intervene after property insurance rates have surged more than 220% over the past four years amid increasing catastrophe risks, Stuff.co.nz reported. Wendy Booth, an insurance task force official, urged the government to increase competition in the insurance industry as four major players account for 85% of the New Zealand market.

Read more.