Insurance news

5 Jul 17, 3:27pm
Nick Smith's Bill, clearing haze around meth contamination, landlord liability and dodgy housing, passes First Reading
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5 Jul 17, 5:02am
How a light touch approach to regulating insurers doesn't work while companies consider disclosing key financial information a box ticking rather than a consumer protection exercise
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29 Jun 17, 4:27pm
Reserve Bank unhappy with insurance companies' overall level of compliance with disclosure rules - warns that they need to raise their game
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29 Jun 17, 4:27pm
Reserve Bank unhappy with insurance companies' overall level of compliance with disclosure rules - warns that they need to raise their game
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29 Jun 17, 3:37pm
Fairfax Financial Holdings leaves Aussie insurer to bid for an even larger share of the New Zealand insurance market
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29 Jun 17, 11:10am
Government releases standard confirming how much P there needs to be in a property for it to be considered contaminated, and how you need to get rid of it
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27 Jun 17, 3:42pm
Suncorp's Vero to buy all of Tower's shares for $1.40 each pending shareholder and regulatory approval; Canadian giant outbid in battle for struggling insurer
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26 Jun 17, 3:27pm
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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26 Jun 17, 9:37am
Jenée Tibshraeny questions whether Vero is being conniving or business savvy trying to prevent the competition watchdog from airing its concerns about the insurer's bid to buy Tower; Meanwhile Tower enters trading halt as it considers higher bid from Vero
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22 Jun 17, 11:26am
First NZ Capital suggests a 10% to 20% increase in homeowners' insurance premiums next year will spur them to shop around
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19 Jun 17, 12:02pm
Commerce and Consumer Affairs Minister Jacqui Dean 'not in a position' to say whether claims handling will be included in big insurance regulation reforms planned for next year
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17 Jun 17, 8:18am
Auckland Mayor Phil Goff calls for the introduction of a building warranty or insurance scheme to avoid ratepayers forking out another $600m in a leaky homes saga; Govt to release paper on this soon
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17 Jun 17, 8:18am
Auckland Mayor Phil Goff calls for the introduction of a building warranty or insurance scheme to avoid ratepayers forking out another $600m in a leaky homes saga; Govt to release paper on this soon
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13 Jun 17, 2:29pm
Andrew Hooker retells a horror story of how new Christchurch homeowners were left $200k out of pocket due to EQC errors made after the 2010/11 earthquakes & argues for a commission of enquiry
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2 Jun 17, 2:40pm
NZ's largest general insurer wants insurers that aren't locally incorporated to be required to hold a certain amount of assets in NZ; Says there's room for the RBNZ to require insurers to disclose more 
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31 May 17, 5:02pm
Rebecca Sellers says it is past time to change our laws with regard to duty of disclosure to insurers, something our Law Commission recommended in 1996
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31 May 17, 1:53pm
RBNZ notes insurers are lowering their solvency margins, with some leaning more heavily on their shareholders in times of crisis
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27 May 17, 9:32am
Election 2017 - Party Policies - Housing - Insurance
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25 May 17, 3:28pm
EQC levy to be bumped up 33%; Hike for insured homeowners comes further to 39% fire service levy increase; Decision on EQC Act Review on the way 
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24 May 17, 5:09pm
RBNZ on insurance regulation: 'Our role is to prod in the right areas and make sure management are on top of what they need to be on top of, rather than doing that job for them'
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