Insurance premiums
Audio, Radio New Zealand
How much are insurance premiums going to increase by after the Christchurch earthquakes?
How much are insurance premiums going to increase by after the Christchurch earthquakes?
Gaps in the government's insurance cover will leave many schools damaged by the earthquakes in Canterbury out of pocket.
Insurance cover has been cancelled for Christchurch's historic Arts Centre and its Catholic Cathedral which were both badly damaged in the February earthquake.
The cost of insurance could rise by 20 per cent as a result of the Government bailout of AMI Insurance and the mounting cost of the Canterbury earthquakes.
The Christchurch city and Waimakariri District councils have from today got no insurance cover for future earthquakes after their existing policies expired at 4pm.
The man who heads California's earthquake insurance agency says Christchurch is much better placed to recover from earthquake devastation than his state.
Insurance premiums look set to rise by up to a third and even more to meet the cost of the Christchurch earthquakes and other disasters overseas.
The Earthquake Recovery Minister, Gerry Brownlee, is in Europe in an attempt to convince insurance companies not to pull out of New Zealand after the Christchurch earthquakes.
The insurance industry says overseas insurers have become wary of New Zealand after Monday's earthquakes in Christchurch and higher premiums across the country are now almost inevitable.
The impact of the Canterbury Earthquake on insurance and the EQC's finances.
Mounting claims from the Christchurch earthquake have forced AMI insurance to go to the Government for a possible bailout.
Some earthquake-affected residents in Christchurch are having their pensions and benefits cut, because they are earning interest on their insurance payouts.
Commercial property owners are facing not just higher insurance premiums following the Christchurch earthquakes, but also the prospect of much higher excesses.
Are men with lower voices more attractive to the opposite sex; The Canterbury Earthquake insurance deadlock; Speed Camera tickets have doubled over the last year.
The Earthquake Commission and the Insurance Council are going to the High Court for a ruling on who's responsible for 10-thousand claims from the earlier Canterbury earthquakes.
Since the earthquake in February the university has faced spiralling insurance costs and a decline in student enrolments. Now 24 staff have agreed to voluntary redundancy effective next year and the vice chancellor, Rod Carr, says despite that, it's largely business as usual.
More than 800 medals are stolen from the War Memorial Museum in Waiouru. Shares in State Owned Enterprises will be capped at 10 percent and gaps in the government's insurance cover will leave many schools damaged by the earthquakes in Canterbury out of pocket.
British researchers have found smokers are twice as likely to succeed in quitting if they receive supportive text messages, the head of the Christchurch Earthquake Rebuilding Agency (CERA) Roger Sutton says there will be no quick end in sight for the ongoing insurance problems in Canterbury and the government's hoping a new deal with Bollywood film-makers could bring millions of dollars into New Zealand.
Questions to Ministers 1. PESETA SAM LOTU-IIGA to the Minister of Finance: What are some of the issues the Government will consider to meet the expected fiscal cost of the Christchurch earthquake? 2. Hon PHIL GOFF to the Prime Minister: Does he stand by his statement that, in Christchurch, "up to 10,000 houses will need to be demolished and over 100,000 more could be damaged? 3. Hon JOHN BOSCAWEN to the Attorney-General: What changes, if any, is he proposing to the Marine and Coastal Area (Takutai Moana) Bill, and why? 4. Hon DAVID CUNLIFFE to the Minister of Finance: How much of the cumulative $15 billion drop in GDP over the next 4 years, as identified in the Treasury's February Monthly Economic Indicators report, is a result of the "weaker [economic] outlook we were seeing prior to the February earthquake" in Christchurch? 5. Dr KENNEDY GRAHAM to the Minister for Canterbury Earthquake Recovery: Is he satisfied that there is enough coordination between central government agencies, local council, and non-government organisations in the response to the earthquake? 6. Hon DAVID PARKER to the Attorney-General: Is it his intention to further progress the Marine and Coastal Area (Takutai Moana) Bill this week? 7. NICKY WAGNER to the Minister for the Environment: What changes has the Government made under the Canterbury Earthquake Response and Recovery Act to facilitate recovery and the processing of resource consents to enable Christchurch to rebuild as quickly as possible? 8. Hon JIM ANDERTON to the Minister for Canterbury Earthquake Recovery: Does he stand by his comment in the House yesterday that "there is a period in which insurance companies will not provide cover", and if so, what will the Government do to assist people who have already signed purchase contracts and are seeking insurance cover? 9. JACQUI DEAN to the Minister of Police: What has been the response of the New Zealand Police and their counterparts in other countries to the Christchurch earthquake? 10. GRANT ROBERTSON to the Minister of Health: Is he satisfied with the cost of after-hours medical treatment? 11. TIM MACINDOE to the Minister of Housing: What assistance is available for people who require emergency housing following the earthquake on 22 February? 12. Hon TREVOR MALLARD to the Minister for Communications and Information Technology: Who made the decision to defer MediaWorks' payment of $43 million to the Crown?
Questions to Ministers 1. Hon PHIL GOFF to the Prime Minister: Is he satisfied that actions to address the Christchurch earthquake are an adequate response; if not, what are his areas of concern? 2. AMY ADAMS to the Minister of Finance: What reports has he received on the economic impact of the earthquake in Christchurch on 22 February 2011? 3. Hon CLAYTON COSGROVE to the Minister for Canterbury Earthquake Recovery: Is he satisfied with the level of support being offered to the people of Christchurch in the wake of the earthquake on 22 February 2011? 4. NICKY WAGNER to the Minister for Social Development and Employment: What is the Government doing to support Canterbury businesses and employees through the earthquake recovery? 5. Hon ANNETTE KING to the Minister for Social Development and Employment: Is she confident that the Ministry of Social Development has responded adequately to the Christchurch earthquake? 6. METIRIA TUREI to the Minister of Finance: Has he considered raising a temporary levy on income to help fund the rebuilding of Christchurch; if so, how much could it raise? 7. AARON GILMORE to the Minister for Tertiary Education: What work has been done to help the families of tertiary students and tertiary institutions affected by the 22 February 2011 earthquake in Christchurch? 8. Hon JIM ANDERTON to the Minister for Canterbury Earthquake Recovery: Will he ensure that Christchurch homeowners and businesses are able to access insurance cover from existing policies or new cover they require since the 22 February 2011 earthquake? 9. Hon JOHN BOSCAWEN to the Attorney-General: Has he asked the Māori Party to agree to amendments to the Marine and Coastal Area (Takutai Moana) Bill that would make it explicitly clear that customary title holders would not be able to charge individuals for accessing a beach, and require any negotiated settlements to be referred back to Parliament for validation; if so, what response did he receive? 10. Hon DAVID PARKER to the Attorney-General: Does the Government intend to proceed this week with its legislation to replace the existing Foreshore and Seabed Act 2004? 11. RAHUI KATENE to the Minister for Canterbury Earthquake Recovery: Did he agree with his spokesman's response to the situation for residents in Christchurch East following the earthquake of 22 February 2011, that, "It is apparent, given the scale out there, that there just wasn't sufficient hardware out there, loos and the like", and what urgent actions have been taken to give priority to communities in the eastern suburbs? 12. COLIN KING to the Minister of Civil Defence: Why was a state of national emergency declared on 23 February 2011?
1. TODD McCLAY to the Minister of Finance: What reports has he received on the economy? 2. KEVIN HAGUE to the Minister of Labour: Does she agree that the test of practicability in the Health and Safety in Employment (Mining-Underground) Regulations 1999 is likely to result in different mines having different safety standards, in contrast to the regulations in place until 1992? 3. Hon ANNETTE KING to the Prime Minister: In light of his comment that "New Zealand is to be congratulated because, at least in terms of the gender pay gap, ours is the third lowest in the OECD", does that mean he is satisfied with the 10.6 percent gap between men's and women's pay in our country? 4. LOUISE UPSTON to the Minister for Social Development and Employment: What reports has she received on the latest benefit numbers? 5. Hon CLAYTON COSGROVE to the Minister for Canterbury Earthquake Recovery: Does he consider the allocation of the value of the land within the rating valuation process to be robust, when it has produced such variable outcomes, leaving many in the red zone with insufficient funds to buy a section to take advantage of the replacement option in their insurance policy? 6. Dr CAM CALDER to the Minister for the Environment: What work is his Ministry doing to help New Zealand take up the opportunity from green growth following the OECD May 2011 report on the high expected global demand for such products and services? 7. Hon MARYAN STREET to the Minister of Foreign Affairs: How many human resources contracts, if any, were let by the Ministry of Foreign Affairs and Trade without tenders being invited in 2010/2011, and what criteria were used to assess non-tendered contractors? 8. PAUL QUINN to the Minister of Transport: What is the Government doing to improve Wellington's commuter rail network? 9. METIRIA TUREI to the Prime Minister: Does he stand by his statement "there is no question in my mind - someone would be better off in paid employment than on welfare. If they were not, that is a real indictment on the welfare system"? 10. Hon TREVOR MALLARD to the Minister of Finance: When he said that "I did visit the Chinese Investment Corporation … They are very pleased with New Zealand's economic policy", was one of the policies he discussed with this foreign sovereign wealth fund his plan for privatising state assets? 11. JAMI-LEE ROSS to the Minister of Broadcasting: What recent announcements has the Government made on progress towards digital switchover? 12. GRANT ROBERTSON to the Minister of Health: Does he stand by his statement to the Cabinet Expenditure Control Committee that "we may need to take some tough choices regarding the scope and range of services the public health system can provide to New Zealanders"?