Southerly: Tower Insurance Have Some Bad News For You
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Ian Dalziel, in reply to
No castles, just donjons and drag-ons...
Chris Ryan from the Insurance Council seeming refreshingly straight-up about where the industry is at
He says of red zone repairs vs replacement cases "...ranges the whole gambit" (17:03ish) - so not the full gamut then - just more chess games and advantage seeking...
He also says full replacement is offered - but not at the price insured at it seems, just the arbitrary RV - I don't see any progress from that interview apart from potentially more work for lawyers... -
More on ‘last week’s visitation’
http://www.youtube.com/warpspeed32#p/a/u/0/btO4iGjz_qk
will it 'auto-embed'... or will it not.... :) -
Sofie Bribiesca, in reply to
Hey Joe. How many mps showed up? I know Brendon Burns said he was going and I see Lianne Dalziel in those photos. Did any Nats show up and speak?
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Joe Wylie, in reply to
Brendon Burns & Lianne Dalziel, plus City Councillor Yani Johanson. As mentioned upthread, Nicky Wagner was invited but didn't show.
I believe there's an event planned for Sunday week in Kaiapoi, which is of course Clayton Cosgrove's turf.
Thanks for the vid Rob.
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Sofie Bribiesca, in reply to
It looked like Tolley in the photo of the BMW. No insult intended if it was someone else's family.;)
Hope Cosgrove shows for that meeting, has anyone mentioned it to him? I just heard Ruth Dyson, having a bit of a go at Nicky Wagner in the 3rd reading for local Govt borrowing bill etc. for ignoring Cantabrians again. -
Joe Wylie, in reply to
It looked like Tolley in the photo of the BMW. No insult intended if it was someone else's family.;)
It's her, if you click download you get the full-size pic. Cats may still look at kings & all, despite tinted windows. She came bearing gifts, in the form of announcing a trade training scheme.
I'd imagine that the Kaiapoi event will be very much Cosgrove's.
Here he is at the CERA launch back in June. -
Sofie Bribiesca, in reply to
I figured that eventually. Anything closely resembling the trolley dolley has my bullshit detector on high alert and I just couldn't go for the full on image. I was having my afternoon tea and planned to keep it down ;)
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Re-Brendon Burns, I really find him of little substance, a Wellington Carpetbagger, and find his constant smile nothing but patronising. YesI played the man not the ball. But he has taken his ball to Wellington.
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Speculation govt may be considering underwriting insurers to break deadlock, though the Minister still favours the market (because it's working so well).
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Joe Wylie, in reply to
From Sacha's link:
Mr Brownlee . . . said: "Even the most extreme right-winger would look for quick solutions."
Seeing Brownlee's acted as both deputy and parliamentary minder to such, and no doubt anticipates being able to invoke Don the Undead as some kind of minor Minister after the election, is that an indication of some kind of shift in his thinking? Are the Monte Carlo reinsurers running the No Brash, No Cash line now?
Meanwhile, Roger does humble in Gerry's absence, though it's hardly news when Roger does it.
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Red-zoning is being applied on a geo-financial basis apparently:
FM
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merc,
Gerry; So it keeps going back to that same thing, people always ask for timelines, and I always think if you put timelines out there you just create unreasonable expectations. I've got plenty of political opponents who would accuse me of doing that too much.
I had to stop reading right there.
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Labour is promising to reimburse Christchurch Red Zone residents for up to $50,000 worth of home improvements on top of current payouts, and says it will buy 1500 sections to on-sell at cost to people whose homes have been written off because of the Canterbury earthquakes.
Leader Phil Goff announced the package today and said a Labour government would also:
* Resolve the stand-off over re-insurance and, as a last resort, be prepared to intervene in the insurance market "on a short-term basis" to get the market functioning again.
* Establish an independent insurance commissioner to protect consumers and resolve disputes
* Immediately release all geotechnical information with a plain English guide and
* Take action to fill critical skilled worker shortages with training and by converting dole payments to apprenticeships subsidies -
Brownlee's english fails...
Well I think the first point was, it was a unique opportunity that occurs once a year,
Unique: • being the only one of its kind; unlike anything else
• particularly remarkable, special, or unusualand...
Sean How much? Can you talk ballpark percentages for us?
Gerry I can't do that because I'm not setting the price, but what I can talk is some general parameters.
<duh>He seems very keen to derisk things for the insurers and reinsurers by giving them Geotech / land information - but not prepared to do the same for the people actually living on the land - what a tosser!
No I don’t think it's overly accurate because it implies that we went there and achieved nothing, and I don’t think that’s the case.
Well he would say that wouldn't he...
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Sofie Bribiesca, in reply to
Thanks Stephen, and here from Scoop is the press release.
Sounds good. -
Joe Wylie, in reply to
Timing is good, also something of a surprise, as only eight days ago Brendon Burns was talking of firm policy in a matter of weeks. Probably unfair to speculate as to whether this indicates that not everyone's in the loop, but you do wonder.
Brownlee can't run the playing politics line indefinitely. Until he's perceived as a liability by his owners he'll continue to indirectly play to "taxpayer" compassion fatigue, while insinuating that the disadvantaged are financially illiterate ingrates.
Also right now skills shortages aren't a real issue. Already at least one demolition team has returned to Australia because the project they'd been contracted for fell over due to a lack of insurance cover.
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Sofie Bribiesca, in reply to
Demolition might not have shortages but building new houses will, and remember although we don't have major earthquakes up this way yet, we do have leaky buildings and thousands of those so I guess the apprenticeship, training schemes is killing two stoned birds once.
I really like the acquisition of property which could help the likes of Mr Haywood and I think training will help the thousands of unemployed youth in your regions.jmo though. -
merc,
Well at least now we know who the Minister really serves.
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Joe Wylie, in reply to
All great stuff Sofie, on paper at least. Of course without insurance, no rebuild and associated jobs.
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Sofie Bribiesca, in reply to
without insurance...,
Ok, from Goff
Resolve the insurance standoff and, as a last resort, be prepared to intervene in the insurance market on a short-term basis to get the market functioning again
I do think it sounds a hell of a lot better than this current debacle down there.
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Joe Wylie, in reply to
I do think it sounds a hell of a lot better than this current debacle down there.
When all Brownlee's offering is 'grab your ankles until the earth renews itself', it looks great.
Goff's unpenanced Rogernome streak is in evidence with the assurance that any government involvement in insurance will be "on a short-term basis". It was Labour that founded the long since privatised State Insurance in response to the inadequacy of private providers in the wake of the Napier earthquake.
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Sofie Bribiesca, in reply to
Tonight Goff did say he would honour the promises made and if the Govt wont keep their promises Labour will do those too.
I hope it really works out for all of yous down there. After seeing on Campbell live a tour through the red zone, no access for citizens of the businesses that were there, with the palava to get in there, signing to insure yourself, how little is actually known, except Gerry et al, I know everything must be extremely hard right now. It kinda feels like an ongoing nightmare to me and I am not there. :(
Take care Mr Wylie.
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Joe Wylie, in reply to
Thanks Ms Bribiesca :),
I'm fortunate to be in Megan Woods's electorate-to-be. As she fronted up to the unwinnable spot against Bob Parker back when no-one else could be found she's a dead cert for my candidate vote.
I'm impressed that the ABs opted to view the Red Zone from the perimeter, rather than provide the Orange P with another pointless photo op. Some days though, from the right angle, like for example yesterday morning, you'd be hard pressed to spot that things had changed.
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Lovely poem, Joe.
Most mornings, we head down QE2 drive, and in winter, the sun behind us, on a couple of the curves the mountains- Torlesse Range, I guess- look close enough to touch- or just in the next suburb, maybe.
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