Insurance Council - Latest News [Page 1]

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 >>

Insurance Council asks Dunne to come clean on funding FENZ

Friday, 24 February 2017, 9:43 am | Insurance Council

The Insurance Council of New Zealand is asking Internal Affairs Minister and United Future Leader to come clean about how he would fund a national emergency response service. More >>

Insurers settle $2.7 billion Canterbury claims in 2016

Tuesday, 7 February 2017, 10:57 am | Insurance Council

The Insurance Council of New Zealand announced today that private insurers have paid out nearly $2.7 billion in 2016 to settle commercial and residential claims resulting from the 2010 and 2011 Canterbury earthquakes. Of the $2.7 billion, $1.6 billion ... More >>

Earthquake insurance advisory: Temporary Accommodation

Sunday, 20 November 2016, 8:29 pm | Insurance Council

Earthquake insurance advisory: Temporary Accommodation The Insurance Council of New Zealand advise people who have uninhabitable homes due to earthquake damage to contact their insurer directly for help with temporary accommodation. Most home policies ... More >>

Availability of new insurance for post quake house purchases

Wednesday, 16 November 2016, 3:55 pm | Insurance Council

The Insurance Council of New Zealand advised today that insures are working hard to minimise any disruption to the availability of insurance for people putting offers in on houses. More >>

Insurers settle $19 billion Canterbury claims

Tuesday, 1 November 2016, 2:38 pm | Insurance Council

The Insurance Council of New Zealand announced today that private insurers have paid out nearly $19 billion to settle commercial and residential claims since the Canterbury earthquakes in 2010 and 2011, of which nearly $9 billion was for domestic claims. More >>

Insurance Council of NZ disciplines Youi

Tuesday, 4 October 2016, 10:10 am | Insurance Council

Following a disciplinary process, the Board of the Insurance Council of New Zealand (ICNZ) announced today Youi NZ Pty Ltd will pay the maximum financial penalty of $100,000 and has been warned that any future misconduct risks membership termination. More >>

Insurers settle $18 billion Canterbury claims

Wednesday, 10 August 2016, 9:31 am | Insurance Council

The Insurance Council of New Zealand announced today that private insurers have paid out over $18 billion to settle commercial and residential claims since the Canterbury earthquakes in 2010 and 2011, of which over $8.6 billion was for domestic claims. ... More >>

 

 

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