A property badly damaged in last October's storm. New Zealand's largest rural insurer has already paid out $20 million, but expects that figure to rise to about $50 million. An FMG spokesperson told RNZ nearly 5000 claims had been lodged with about half of those now closed. Some of the trees that were toppled in Invercargill in October's storm. IAG - which operates the AMI, NZI and State insurance brands - said it had received 5000 claims relating to October's storm.
