Insurance Council - Latest News [Page 1]

Vast majority of Kaikōura settlements complete by year-end

Monday, 6 November 2017, 12:33 pm | Insurance Council

Private insurers are on track to meet their target of having the majority of Kaikōura earthquake settlements complete by year-end the Insurance Council of New Zealand reported today. More >>

Travel insurance advisory: Jet fuel shortage

Monday, 18 September 2017, 12:34 pm | Insurance Council

Travellers caught up in the jet fuel shortage are advised to contact their airline or other travel provider they booked with first, and then their travel insurer if needed the Insurance Council advised today. More >>

Homeowners urged to check for earthquake vulnerabilities

Monday, 11 September 2017, 10:06 am | Insurance Council

The Insurance Council of New Zealand is warning Wellington homeowners to quake check their houses after new research reveals not enough is being done by homeowners to check their biggest asset for earthquake vulnerabilities. Wellington homes are generally ... More >>

Insurance Council rejects Labour’s arbitration tribunal

Sunday, 27 August 2017, 9:02 pm | Insurance Council

The Insurance Council of New Zealand today firmly rejected Labour’s plans to set up an Arbitration Tribunal against insurers in Christchurch. More >>

Cyclones Debbie and Cook insured costs upgraded to $109m

Friday, 25 August 2017, 12:27 pm | Insurance Council

The two cyclones that swept through New Zealand during April and caused residents of Edgecumbe to be evacuated has resulted in insured costs of $109 million the Insurance Council of New Zealand reported today. More >>

Canterbury claimants should contact insurer

Thursday, 17 August 2017, 2:13 pm | Insurance Council

The Insurance Council of New Zealand (ICNZ) today urged residential Canterbury customers to contact their insurer if they have an outstanding 2010/2011 earthquake claim and are unsure on how the Limitation Act will affect them. Back in 2015, ICNZ advised ... More >>

Insurance Council supports exemptions from Fire Service Levy

Monday, 7 August 2017, 11:49 am | Insurance Council

The Insurance Council of New Zealand is supporting the decision by the Government to exempt travel insurance and insurance on certain types of property from having to pay the Fire Service Levy. More >>

How NZ Adapts to Climate Change Needs Stronger Push

Thursday, 27 July 2017, 2:54 pm | Insurance Council

The Insurance Council of New Zealand says the Parliamentary Commissioner for the Environment’s recommendations on long-term planning for climate change fell short in not dealing with how New Zealand should adapt to climate change. More >>

Flood insurance update: Temporary Accommodation

Monday, 24 July 2017, 4:33 pm | Insurance Council

The Insurance Council of New Zealand advise people who have uninhabitable homes due to flood damage to contact their insurer directly for help with temporary accommodation. “Reports in today suggest that some people may be displaced from their homes for ... More >>

Insurance flood advisory for Otago and Canterbury residents

Friday, 21 July 2017, 7:08 pm | Insurance Council

With heavy rainfall expected in Dunedin and parts of Canterbury receiving up to 180mm before noon Saturday, the Insurance Council of NZ is urging people in the region to be prepared for flooding. More >>

Private Insurers Paid Out $0.5B Kaikōura Earthquake Claims

Friday, 21 July 2017, 12:01 pm | Insurance Council

21 July 2017 - Private insurers have paid out over half a billion dollars in claims from the 14 November earthquake, with $108 million paid to customers in the month of June the Insurance Council reported today. More >>

Tasman Tempest insured costs upgraded to $62m

Monday, 17 July 2017, 10:37 am | Insurance Council

The storm that packed a month of rain into 24 hours has resulted in insured costs of $61.7m the Insurance Council of New Zealand reported today. More >>

Panel beater skill shortage causing collision repairs delays

Tuesday, 11 July 2017, 9:32 am | Insurance Council

A panel beater skill shortage is causing delays in repairing insurance customers’ cars, not insurer red tape, the Insurance Council reported today. More >>

Insurance Council supports new meth standard

Friday, 30 June 2017, 9:36 am | Insurance Council

The Insurance Council of New Zealand supports the new standard for methamphetamine contamination, sampling and testing announced recently by the government. More >>

Insurance Council supports thrust of EQC reforms

Monday, 26 June 2017, 2:20 pm | Insurance Council

The Insurance Council of New Zealand supports the thrust of the reforms to the EQC Act announced by the Government today, but seeks a clear expectation that insurers should be responsible for assessing and managing claims for house damage. “The ... More >>

Private insurers receive $1.8b Kaikōura earthquake claims

Wednesday, 21 June 2017, 10:13 am | Insurance Council

The total value of insurance claims for the 14 November Kaikōura earthquake as at 31 May 2017 is $1.84 billion the Insurance Council reported today. More >>

Cyclones Debbie and Cook insured costs $84m

Monday, 19 June 2017, 10:10 am | Insurance Council

The two cyclones that pounded New Zealand during April and caused residents of Edgecumbe to be evacuated have resulted in insured costs of $84 million the Insurance Council of New Zealand reported today. More >>

Tasman Tempest insured costs $42m

Thursday, 4 May 2017, 10:44 am | Insurance Council

The storm that packed a month of rain into 24 hours has resulted in insured costs of $41.7m the Insurance Council of New Zealand reported today. More >>

Port Hills fires insured losses $18m

Thursday, 13 April 2017, 3:16 pm | Insurance Council

The wildfires that swept over the Port Hills of Christchurch in February has cost insurers $17.7 million dollars, the Insurance Council of New Zealand reported today. More >>

Majority of November quake claims to be complete by year end

Tuesday, 28 March 2017, 10:13 am | Insurance Council

Private insurers plan to have made the majority of cash settlement offers by the end of the year for all commercial and residential claims. More >>

 

 

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