EQC Act
Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
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Both IAG and Tower have followed Suncorp in reaching the end of long-running disputes with the Earthquake Commission (EQC) relating to the apportioning of costs between the state and private insurers relating to the Canterbury earthquakes
A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes
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A look at the 'broken' system that's seen the RBNZ force Tower to find more capital, as insurers continue to chase EQC for hundreds of millions of dollars 9 years after the Canterbury quakes
Insurers back Government's move to spend $8 million on tribunal to help settle the thousands of outstanding Canterbury earthquake claims
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Insurers back Government's move to spend $8 million on tribunal to help settle the thousands of outstanding Canterbury earthquake claims
The Government commits to increasing EQC cover for buildings, extending the timeframe claims can be made within and enabling more data sharing
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The Government commits to increasing EQC cover for buildings, extending the timeframe claims can be made within and enabling more data sharing
With a strong economy, modest insurance premium increases, and the EQC Act review set to benefit insurers, S&P says quakes and cyclones aren't deterring reinsurers from the NZ market
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With a strong economy, modest insurance premium increases, and the EQC Act review set to benefit insurers, S&P says quakes and cyclones aren't deterring reinsurers from the NZ market
EQC Act reform to see private insurers receive claims on behalf of EQC; Private insurers urge Government to go all the way and let them assess and settle claims too
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EQC Act reform to see private insurers receive claims on behalf of EQC; Private insurers urge Government to go all the way and let them assess and settle claims too
Cameron Preston crunches the numbers to explore whether it is Tower or NZ's insurance system that is 'broken'
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Cameron Preston crunches the numbers to explore whether it is Tower or NZ's insurance system that is 'broken'
Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
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Tower Chairman says the company would have a higher sale price if the EQC system wasn't 'broken'; Government says the law has nothing to do with the risk the insurer takes on
A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
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A court document reveals Tower has $6 million at stake in its legal battle with EQC over land damage; Question marks remain over why there are still $51 million of EQC recoveries in dispute
How EQC has avoided being stung by rising land values; Cameron Preston has the back story to the legal action IAG and Tower have launched against EQC
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How EQC has avoided being stung by rising land values; Cameron Preston has the back story to the legal action IAG and Tower have launched against EQC
EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
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EQC responds to accusations it blacklisted a vulnerable quake victim after wrongly accusing her of lying to get a free heat pump
Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
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Agreement reached to see private insurers receive, assess and settle Kaikoura quake claims on behalf of EQC
Lloyd's of London urges the Government to remove some uncertainties from the NZ insurance market by getting on with the EQC Act review and making data breach reporting mandatory
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Lloyd's of London urges the Government to remove some uncertainties from the NZ insurance market by getting on with the EQC Act review and making data breach reporting mandatory
NZ economy vulnerable to risk of reinsurers charging insurers a premium for uncertainty caused by delayed EQC Act review
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NZ economy vulnerable to risk of reinsurers charging insurers a premium for uncertainty caused by delayed EQC Act review
EQC Act review stalled by 'the complexity of the issues and ongoing engagement with insurance industry stakeholders', Treasury says
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EQC Act review stalled by 'the complexity of the issues and ongoing engagement with insurance industry stakeholders', Treasury says