News

@canberratimes
canberratimes. com. au > story > 9223855 > owners-corporations-tobacconist-tenant-triggers-200000-insurance-excess

Your apartment's hidden insurance trap: the smokes shop downstairs

2+ week, 2+ day ago  (1001+ words) A tobacconist in your building could spell trouble and whopping costs, as insurance providers increasingly categorise these businesses as "high-risk commercial tenants." One apartment block in Campbell has been hit with a $200, 000 insurance excess after a licensed tobacconist moved in,…...

@canberratimes
canberratimes. com. au > story > 9182089 > australia-faces-insurance-crisis-amid-natural-disasters

Why everyone pays the price when victims can't afford insurance

2+ mon, 1+ week ago  (551+ words) Recent research by Finity data indicates Australia is on the cusp of an insurance emergency. The increased incidence of natural disasters has driven a 51 per cent spike in average home insurance premiums over the past five years. This has created…...

@canberratimes
canberratimes. com. au > story > 9018748 > nz-weather-events-prompt-rethink-of-housing-protections

NZ weather events prompt rethink of housing protections

9+ mon, 3+ week ago  (346+ words) The New Zealand government is considering ending bailouts for homeowners affected by floods and landslides as it develops a framework to address the impact of climate change. The government has often stepped in after natural disasters to buy properties, spending…...