Figures released by the Insurance Council show the year's two biggest weather events have cost insurers over $2 billion.
The twin disasters of the Auckland floods and Cyclone Gabrielle have generated $3.5 billion across 112,812 claims- according to a recent estimate.
Insurance Council spokesperson Christian Judge says progress is being made on settling the claims at a good pace, but there's still a ways to go.
"For all of those people that haven't had their claims settled yet, they want them settled. So it's a mixed picture. We've had big disasters in the past, and compared to those, we're doing better."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.