Wellington mayor calls for forum as insurer raises capital premiums
UPDATED: Residential property owners in weather and natural disaster-prone areas bear the brunt as insurers grow more risk-averse.
UPDATED: Wellington mayor Justin Lester has called for a forum with Earthquake Commission Minister Megan Woods, insurance companies and affected stakeholders to discuss hikes in insurance premiums in the capital by the dominant insurer in the market, IAG.
“IAG has between 40% and 50% of the
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