With seas rising and storms surging, who will pay for New Zealand’s most vulnerable coastal properties?
- Written by Tom Logan, Lecturer of Civil Systems Engineering, University of Canterbury
GettyImagesThe major storm surge and coastal flooding in Wellington earlier this month was another reminder that the sea is now lapping close to a lot of New Zealand’s front doors. The ominous question is: who will pay when it crosses the threshold?
But that’s not a question worrying insurance companies. They’ve made their...
