Insurance Council - Latest News [Page 1]

Insurers Pay More Than $200m To Help Customers Recovery From 2020’s Severe Weather

Wednesday, 23 December 2020, 1:52 pm | Insurance Council

The Insurance Council of New Zealand’s preliminary annual figure for severe weather events reinforces the support provided to insurance customers, with insurers paying in excess of $202 million- in insured loses over the last 12 months. Tim Grafton, ... More >>

Insurers Support Customers Affected By Severe Weather

Tuesday, 10 November 2020, 1:50 pm | Insurance Council

Insurers are supporting their customers following the severe weather that continues to track over the North Island, resulting in flooding and landslips in Napier overnight (Monday 9 November). The Insurance Council of New Zealand (ICNZ) and The Earthquake ... More >>

Car Insurers Investigate Misrepresentation Of Car Parts

Monday, 5 October 2020, 12:16 pm | Insurance Council

The Insurance Council of New Zealand and its members have recently been made aware of a car part supplier allegedly misrepresenting car parts as genuine to New Zealand repairers. Tim Grafton, Chief Executive ICNZ, says; "We understand that since ... More >>

Insurers Pay $37m To Support Northland Flood Recovery

Monday, 14 September 2020, 8:32 am | Insurance Council

Preliminary figures released today by the Insurance Council of New Zealand reaffirm the extent of damage the July Northland floods left behind, with $37m paid to date by insurers to support their customers' recovery. Tim Grafton, CE Insurance Council ... More >>

Recovery From Freak Tornado Storm Sees Insurance Customers Claim $10.8m

Wednesday, 26 August 2020, 8:56 am | Insurance Council

Preliminary figures for the tornado and storm that ripped through the upper North Island on 26-27 June have seen insured losses reach $10.8 million. The fierce winds and tornado led to widespread damage throughout the greater Auckland region, with ... More >>

Insurers And EQC Partner To Support Speedy Recovery In Flood-stricken Northland

Tuesday, 21 July 2020, 11:04 am | Insurance Council

As Northlanders start the tidy-up following the floods and severe weather experienced on Friday 17 and Saturday 18 July, ICNZ and EQC are urging people to contact their insurer as their first port of call to ensure the claims process is as easy and efficient ... More >>

ICNZ And Banqer Partner To Empower Young Kiwis

Wednesday, 3 June 2020, 9:43 am | Insurance Council

The Insurance Council of New Zealand (ICNZ) is proud to announce its official Support Partnership of Banqer High, an online financial education tool for secondary students. The partnership formalises a long relationship. The two organisations have worked ... More >>

2019 Weather Events Reach $167 Million

Thursday, 28 May 2020, 8:52 am | Insurance Council

The Insurance Council of New Zealand (ICNZ) has today issued updated figures for weather-related losses during 2019, with insurers paying $167.6 million to support their customers recover from severe weather events. The figures follow finalising ... More >>

Southland flood response - steps to take

Wednesday, 5 February 2020, 12:44 pm | Insurance Council

The Insurance Council of New Zealand (ICNZ) is issuing advice to those in the flood affected areas following a state of emergency being declared on Tuesday 4 February, 2020, for Southland, Fiordland and Clutha. More >>

Coronavirus - what you need to know for travel and business

Wednesday, 29 January 2020, 9:31 am | Insurance Council

The Insurance Council of New Zealand (ICNZ) is urging people to seek more information following the recent outbreak of Novel Coronavirus (2019-nCoV) in Wuhan, China, in late December 2019. More >>

Insurance advisory on the Timaru hailstorm

Tuesday, 14 January 2020, 1:57 pm | Insurance Council

As the recovery effort in the wake of the unprecedented November Timaru hailstorm continues, the insurance industry is advising people considering buying hail damaged vehicles to be well informed. More >>

Keeping your things safe this festive season

Wednesday, 18 December 2019, 9:31 am | Insurance Council

It’s that time of year - the season of gifting and hopefully taking some time away for a well-deserved break. More >>

Hail damage to Timaru vehicles to be covered for WOF

Wednesday, 11 December 2019, 2:40 pm | Insurance Council

Timaru residents with hail damaged cars have one less thing to worry about as they head into Christmas - with the New Zealand Transport Agency (NZTA) confirming that most hail damaged vehicles will be able to be issued a Warrant of Fitness (WOF) while ... More >>

ICNZ advises Wanaka residents to take pre-emptive steps

Friday, 6 December 2019, 2:25 pm | Insurance Council

With a flood imminent in Wanaka, the Insurance Council of NZ (ICNZ) is advising residents to take pre-emptive steps to protect their belongings with its release of flood preparation and recovery tips. More >>

Insurance industry launches Insurance Fraud Bureau (IFB)

Tuesday, 3 September 2019, 1:13 pm | Insurance Council

Today, the Insurance Council of NZ launched the Insurance Fraud Bureau (IFB), New Zealand’s first integrated initiative to target insurance fraud through detection and education. More >>

ICNZ urges pre-purchase due diligence

Thursday, 15 August 2019, 3:13 pm | Insurance Council

The Insurance Council of New Zealand is urging property buyers in Canterbury to do thorough due diligence before buying a property. It’s also urging current owners to put any payments received from the government towards properly fixing their homes, ... More >>

Reminder to check for excluded events for insurance

Wednesday, 14 August 2019, 9:20 am | Insurance Council

With the busy late-winter travel period getting underway, ICNZ is reminding all travellers that the best time to sort their travel insurance is when they book their tickets - and to make sure they know what they’re covered for when they buy it. More >>

Ruling affirms insurers’ interpretation of assignment law

Wednesday, 3 July 2019, 2:49 pm | Insurance Council

The decision of the Supreme Court in the IAG v Xu case, released today, has affirmed long-held legal principles regarding assignment law, ICNZ has said. More >>

General insurers are not unfair

Monday, 24 June 2019, 11:10 am | Insurance Council

People who take out general insurance do get a fair deal from their insurer, contrary to Consumer NZ’s assertion that they don’t, said Insurance Council of NZ CEO, Tim Grafton. More >>

General insurers support Zero Carbon Bill

Wednesday, 8 May 2019, 10:55 am | Insurance Council

ICNZ is pleased to see the Government introduce their Climate Change Response (Zero Carbon) Amendment Bill to parliament today. More >>