Insurance Council of New Zealand - Latest News [Page 1]

Insurance advisory: Easter heavy rain expected for BOP

Wednesday, 12 April 2017, 12:57 pm | Insurance Council of New Zealand

With up to 300mm expected to hit Bay of Plenty in the 72 hours from midday Wednesday, on an already saturated region, the Insurance Council of NZ is urging people in the region and throughout the country to be prepared for flooding. “We want to help ... More >>

Edgecumbe insurance advisory: Temporary Accommodation

Monday, 10 April 2017, 1:56 pm | Insurance Council of New Zealand

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. More >>

Risk reduction insurance advisory: North Island heavy rain

Tuesday, 4 April 2017, 11:58 am | Insurance Council of New Zealand

With more heavy rain expected today and tomorrow as a result of the remnants of Cyclone Debbie, the Insurance Council of NZ is urging people in the North Island to be prepared for flooding. More >>

ICNZ supports IPSA review process

Thursday, 30 March 2017, 2:24 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand welcomes the review of the legislation that regulates insurers that was announced today. More >>

Insurance advisory: flooding in Upper North Island

Friday, 10 March 2017, 9:42 am | Insurance Council of New Zealand

The Insurance Council of NZ advises people affected by flood damage with the weather related events in the Upper North Island to contact their insurer as soon as possible. More >>

First Fair Insurance Code data released

Friday, 17 February 2017, 11:36 am | Insurance Council of New Zealand

The Insurance Council of New Zealand released today its first Fair Insurance Code annual report of the number of claims received, the number of complaints made to internal and external dispute resolution schemes, along with the number of significant ... More >>

Kaikoura earthquake business claims reach $900 million

Wednesday, 1 February 2017, 10:40 am | Insurance Council of New Zealand

The Insurance Council of New Zealand announced today that private insurers have received business claims valued at more than $900 million from the 14 November 2016 Kaikoura earthquake. More >>

Burglaries cost $400,000 per day in festive season

Tuesday, 20 December 2016, 11:27 am | Insurance Council of New Zealand

Christmas time is the busy season for burglars with a higher chance of homeowners being away from home on holidays, out shopping or socialising with friends and family. More >>

Simpler process for settling Kaikoura Earthquake claims

Tuesday, 13 December 2016, 2:42 pm | Insurance Council of New Zealand

An agreement between private insurers and the Earthquake Commission (EQC) will simplify how home and contents insurance claims are resolved for people affected by the Kaikoura Earthquake. More >>

Failure to comply with building standards, Wellington

Wednesday, 23 November 2016, 12:34 pm | Insurance Council of New Zealand

The Insurance Council of New Zealand believes a significant cause of damage to commercial property buildings following the 14 November Kaikoura earthquake series is a failure to comply with non-structural, seismic restraint guidelines. More >>

Earthquake insurance advisory: Temporary Accommodation

Friday, 18 November 2016, 10:47 am | Insurance Council of New Zealand

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 as well as contents policies provide cover for ... More >>

Earthquake insurance advisory

Monday, 14 November 2016, 10:18 am | Insurance Council of New Zealand

The Insurance Council of New Zealand are advising people to contact their insurer as well as the Earthquake Commission as a result of the earthquakes in the early hours of this morning. People who have suffered damage to their home, land or contents ... More >>

ICNZ welcomes new rules on water damaged cars

Thursday, 8 September 2016, 10:46 am | Insurance Council of New Zealand

The Insurance Council of New Zealand welcomed the announcement today from NZTA that water damaged light vehicles will now need electrical and pyrotechnic safety components replaced. More >>

Substandard Steel Mesh - ICNZ reassures homeowners

Thursday, 1 September 2016, 5:21 pm | Insurance Council of New Zealand

“People with home and contents insurance in houses built with steel slabs using sub-standard steel mesh in the last four years should not be unduly concerned about their insurance coverage. More >>

Youi and Commerce Commission charges

Friday, 12 August 2016, 11:38 am | Insurance Council of New Zealand

“The Insurance Council of New Zealand is disappointed with the actions and processes at Youi, which have led to the Commerce Commission laying charges in the Auckland District Court. Youi has advised the ICNZ that it has speedily implemented all required ... More >>

Fire Service Funding – disappointment with poor policy

Friday, 29 April 2016, 11:06 am | Insurance Council of New Zealand

Continuing to tax only those people who pay insurance to fund the fire service is blatantly unfair and well out of step with best policy practice internationally, the Insurance Council of New Zealand said in response to today’s new funding arrangements ... More >>

Canterbury five year anniversary statement

Monday, 22 February 2016, 8:37 am | Insurance Council of New Zealand

The fifth anniversary of the Canterbury earthquakes, is a time to remember those who lost their lives, the massive recovery effort since and to look to the great future Christchurch has ahead. Tim Grafton, Chief Executive of the Insurance Council ... More >>

Insurers settle 20% more claims in 2015

Monday, 1 February 2016, 12:12 pm | Insurance Council of New Zealand

Private insurers are on track to settle the vast majority of Canterbury earthquake claims by the end of this year, the Insurance Council announced today. Nearly 5,400 major repairs and rebuilds were completed in 2015 which reflected a 21% rise in the ... More >>

New Fair Insurance Code comes into force today

Sunday, 3 January 2016, 6:25 pm | Insurance Council of New Zealand

The new Fair Insurance Code which comes into force today provides consumers and SMEs with higher standards of service, the Insurance Council of New Zealand said today. ICNZ’s members have worked on implementation over the last year in the lead up ... More >>

Wanganui & June storms cost insurers $50m

Thursday, 22 October 2015, 12:28 pm | Insurance Council of New Zealand

The June weather bomb that caused extensive flooding in the lower North Island and the West Coast of the South Island cost insurers $50 million, bringing the total cost to date for 2015 weather related events to $113m the Insurance Council of New ... More >>

 

 

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