COMMENT:

Should taxpayers subsidise people who choose not to insure their homes?

This was the burning question that arose at last week's Insurance Council conference at SkyCity in Auckland where insurers were briefed on industry trends in relation to climate change.

The answer, one insurance company executive jokingly said, depended on which hat you wanted him to wear: one as a good human being, or one as an insurer.

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Of course, from a commercial insurance company point of view, any path to compulsion should be actively pursued.

But from a moral standpoint it's not so easy, even when putting the