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Podcast: Canterbury Mornings with John MacDonald
Episode: John MacDonald: The absurdity of our insurance market
Description: If this doesn’t convince you that the insurance system in this country is broken, nothing will. Consumer NZ has revealed that in the past 25 years, the cost of insurance has increased by 900%. The largest increase of anything in the Consumer Price Index. If you’ve bought insurance of any type in the past, maybe that won’t surprise you. Because insurance is a necessary evil and with necessary evils, we tend to shrug our shoulders and fork out the money. But here’s what makes this news all the more outrageous – and this is the...