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Listen "Is the era of home buyouts after natural disasters over - and what will that mean for insurance?"
Episode Synopsis
Could the Government be taking a step back from helping homeowners after the elements make their homes unliveable? Recent extreme weather events have prompted a rethink of government housing protections. Billions of dollars have been spent over the years on buying out homes after natural disasters. But, in a changing world, and climate, where these events are happening harder and faster, is the idea of the Crown stepping in with unlimited cash unsustainable? Today on The Front Page, Insurance Council chief executive Kris Faafoi joins us to explain what the future looks like for homeowners. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Host: Chelsea DanielsEditor: Richard MartinProducer: Ethan SillsSee omnystudio.com/listener for privacy information.
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