Mondaq All Regions - New Zealand: Insurance
Duncan Cotterill
Prattley challenged the settlement on the basis that they were mistaken about how indemnity should be calculated.
Duncan Cotterill
This judgment considered the extent of the damage, construction methods and exemplary damages claims against the insurer.
Chapman Tripp
The Issues Paper outlines the rationale, the terms of reference and the intended process for the IPSA review.
Wynn Williams Lawyers
NZ courts are reluctant to reopen a settlement agreement unless there has been deception, duress, or misleading conduct.
Wynn Williams Lawyers
This UK decision is significant, as an insurer may seek to reopen a settlement agreement if fraud can later be proven.
Duncan Cotterill
Mr Myall was underinsured, as the insurance policy was based on a floor area of about 80 per cent of the actual area.
Duncan Cotterill
This earthquake judgment considers issues such as construction methods, exemplary damages and the duty of good faith.
Duncan Cotterill
By settling its claims against Vero Insurance, Prattley abandoned any entitlement to go back to Vero for more money.
Cavell Leitch
It is now uncommon for most private insurers to accept Deeds of Assignment for the residual benefits of settled claims.
Cavell Leitch
You should request written confirmation of your insurer's position on limitation in relation to your insurance claim.
Chapman Tripp
Higher levies and stronger compliance measures are key features in the new Fire and Emergency New Zealand (FENZ) Bill.
Chapman Tripp
A FMA survey indicates a certain amount of churn in the life insurance industry, to the possible detriment of consumers.
Duncan Cotterill
if you are considering offering your home on Airbnb, you should speak with your insurer and check your policy conditions.
Duncan Cotterill
It considered if specific items of damage were caused by the Christchurch earthquakes and looks at the EQC settlement.
Duncan Cotterill
The primary issue before the Court was whether a settlement entered into by the insured and insurer could be reopened.
Wynn Williams Lawyers
Professional indemnity insurers can apply a very strict interpretation of which business activities are insured.
Duncan Cotterill
EQC has announced that it does not consider that the limitation period runs from the date of each Canterbury earthquake.
Chapman Tripp
These principles can guide brokers on their client obligations in relation to business interruption insurance.
Duncan Cotterill
This judgment serves as a reminder to ensure that all valuable items are specifically noted on the insurance policies.
Wynn Williams Lawyers
The Court said that 'no'; an insured could not reopen its claim once it had signed a binding cash settlement agreement.
Most Popular Recent Articles
Chapman Tripp
The Issues Paper outlines the rationale, the terms of reference and the intended process for the IPSA review.
Cavell Leitch
It is now uncommon for most private insurers to accept Deeds of Assignment for the residual benefits of settled claims.
Duncan Cotterill
This case was an appeal about the insurer's liability to indemnify following earthquake damage to a residential property.
Duncan Cotterill
The Jardens' insurer said that much of the damage claimed for was either pre-existing damage, or not damage at all.
Wynn Williams Lawyers
The Court said that 'no'; an insured could not reopen its claim once it had signed a binding cash settlement agreement.
Wynn Williams Lawyers
Professional indemnity insurers can apply a very strict interpretation of which business activities are insured.
Duncan Cotterill
if you are considering offering your home on Airbnb, you should speak with your insurer and check your policy conditions.
Duncan Cotterill
Mr Myall was underinsured, as the insurance policy was based on a floor area of about 80 per cent of the actual area.
Wynn Williams Lawyers
This UK decision is significant, as an insurer may seek to reopen a settlement agreement if fraud can later be proven.
Duncan Cotterill
As the foundations of the house were functional with no aesthetic value, they could be repaired by "jacking and packing".
Duncan Cotterill
It considered if specific items of damage were caused by the Christchurch earthquakes and looks at the EQC settlement.
Wynn Williams Lawyers
NZ courts are reluctant to reopen a settlement agreement unless there has been deception, duress, or misleading conduct.
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