New legislation introduced to support cyclone recovery
Bill is focused on flexibility for communities and local government
New legislation introduced to support cyclone recovery
CATASTROPHE & FLOOD
By Kenneth Araullo
29 Mar 2023

New legislation has been introduced to further support the recovery and rebuild stemming from the recent weather events in New Zealand.

Called the Severe Weather Emergency Recovery Legislation Bill, it aims to provide the flexibility to allow communities and local government to respond quickly to issues that occur during recovery efforts without the need to anticipate provisions that may need to be amended.

Emergency management minister Kieran McAnulty said in a media release that this flexibility in responding to natural disasters was an important component of the response and recovery from 2016’s Kaikōura earthquake. This bill will afford the same flexibility to all areas affected by the recent weather events.

The government has also recently announced the New Zealand Claims Resolution Service to help avoid potential disputes as a mediator for claimants who ran into insurance problems.

The new bill comes after the Natural Hazards Insurance Bill, which recently passed its third and final reading at Parliament. This bill clarifies the rules around making multiple insurance claims on mixed or multi-use buildings, translating to faster resolving of claims.

What are your thoughts on this story? Please feel free to share your comments below.

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB NZ.