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Insurance Council - Latest News [Page 5]
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 >>
March weather cost insurers $30m
Tuesday, 2 August 2016, 10:24 am | Insurance Council
Two days of wild weather in March that caused several rivers to overflow has cost insurers $30 million dollars, the Insurance Council of New Zealand reported today. Hundreds of people were evacuated after 350mm of rain in a 24-hour period caused ... More >>
ICNZ supports disclosure of broker commissions
Wednesday, 13 July 2016, 9:47 am | Insurance Council
The Insurance Council of New Zealand supports the broad outline of proposals to lift the quality of financial advice released by Commerce and Consumer Affairs Minister Paul Goldsmith today. More >>
Insurers settled 83,000 Canterbury properties
Monday, 9 May 2016, 10:42 am | Insurance Council
The Insurance Council of New Zealand announced today that private insurers have settled 20,000 Canterbury earthquake over cap residential property claims in its latest release of quarterly progress data. More >>
Cam Preston's Release on Canterbury Progress
Tuesday, 2 February 2016, 11:31 am | Insurance Council
Chief Executive of the Insurance Council Tim Grafton says “Cameron Preston misrepresents the progress being made on the Canterbury residential rebuild. More >>
Private insurers reassure Canterbury residents
Friday, 18 December 2015, 12:04 pm | Insurance Council
Private insurers today moved to reassure customers that they will not use Limitations Act defences for residential claims arising out of the Canterbury Earthquakes where proceedings are filed before 4 September 2017. More >>
Insurance Council signs Paris Pledge for Action
Tuesday, 15 December 2015, 11:54 am | Insurance Council
The Insurance Council of New Zealand this week signed the Paris Pledge for Action, which affirms our strong support for the adoption of the new universal climate agreement at COP21 in Paris. More >>
Burglaries on the rise for festive season
Wednesday, 9 December 2015, 9:22 am | Insurance Council
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 >>
Insurance Council welcomes report on sea level rise
Thursday, 19 November 2015, 1:23 pm | Insurance Council
The Insurance Council of New Zealand welcomes the Commissioner for the Environment, Dr Jan Wright’s report on sea-level rise released today. “As an island nation with one of the world’s longest coastlines, New Zealand has every reason to be ... More >>
Insurers settle $16 billion Canterbury claims
Monday, 9 November 2015, 3:41 pm | Insurance Council
The Insurance Council of New Zealand announced today that private insurers have settled $15.9 billion in Canterbury earthquake claims in its latest release of quarterly progress data. Insurance Council (ICNZ) Chief Executive Tim Grafton says insurers ... More >>
Lower North Island and West Cost flooding cost insurers $44m
Friday, 7 August 2015, 12:37 pm | Insurance Council
The June weather bomb that caused extensive flooding in the lower North Island and the West Coast of the South Island cost insurers over $44 million, bringing the total cost to date for 2015 weather related events close to $100m the Insurance Council ... More >>
Businesses in the dark on cyber risks
Thursday, 25 June 2015, 9:21 am | Insurance Council
The results of research released today from the Insurance Council of New Zealand shows three out of four people (76%) think New Zealand businesses are not well prepared to manage computer hacking and keep data secure and confidential. “It is estimated ... More >>
Insurers agree $100k fine for Fair Insurance Code breach
Wednesday, 10 June 2015, 10:06 am | Insurance Council
Members of the Insurance Council have agreed to impose on themselves a maximum fine of up to $100,000 for unresolved significant breaches of the Fair Insurance Code. “This gives the new Code the necessary teeth to function as an effective self-regulatory ... More >>
Fire Service review rules out fairest option
Wednesday, 27 May 2015, 12:01 pm | Insurance Council
Insurance Council Chief Executive Tim Grafton says “the Government has made a mockery of genuine consultation by ruling out the fairest, most cost effective and sustainable way of funding the Fire Service” in its release of the Fire Services review discussion ... More >>
Educating Small Businesses a Focus of Partnership
Wednesday, 22 April 2015, 3:47 pm | Insurance Council
The Insurance Council is developing education resources targetting small-to-medium sized enterprises as 1 in 4 New Zealand businesses don’t have insurance. More >>
Insurance Council Elects New President
Wednesday, 8 April 2015, 2:56 pm | Insurance Council
The Insurance Council of New Zealand has elected Vero CEO Gary Dransfield as its new President. More >>
