Drought and heat are not generally insurable risks because they would most likely be classified as Acts of God or a Force Majeure. This Article examines one facet of insurance coverage that has not been addressed very much either in the case law or in the literature: “Loss Business Income” (“BI”) and “Loss of Use”… Read More
NZ Herald New Zealand’s Waikato, Ruapehu Officially in Drought By Paul Harper 11:52 AM Wednesday Dec 15, 2010 http://www.nzherald.co.nz/droughts/news/article.cfm?c_id=180&objectid=10694454 Agriculture Minister David Carter has told Waikato farmers this morning the region is officially in a drought. Photo / Christine Cornege Agriculture Minister David Carter has declared a drought in the Waikato and Ruapehu District, saying… Read More