The importance of understanding the EQC/insurance claims history of a property prior to sale is becoming increasingly significant for vendors.
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The Limitation Act and limitation deadlines for filing court proceedings for insurance claims has been increasingly relevant since the six year anniversary of the Canterbury Earthquakes.
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The Supreme Court has released a short and sharp decision which acknowledges that Judges can make mistakes, but mistakes won’t always afford a further right of appeal.
In Myall v Tower Insurance Ltd [2018] NZSC 35 the Court was required to exercise its gatekeeping powers in considering whether to ...
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2016 saw the six-year anniversary of the 4 September earthquake and many insurers granted further time to property owners to bring claims. A number of those deadlines are looming again over the coming months, and this may impact on property owners and their ability to pursue their insurance claims.
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A recent article in the press a couple of weeks ago highlighted that there are several houses in Christchurch which were never correctly fixed after the Canterbury Earthquakes and as a result may be financially toxic. People purchasing these houses run the risk that they may be buying into an ...
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2016 saw the 6 year anniversary of the 4 September earthquake and many insurers granted further time to property owners to bring claims. A number of those deadlines are looming again as at 4 September 2017 and this may impact on property owners and their ability to pursue insurance claims.
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The 6 year anniversary of the 4 September earthquake is fast approaching and recently there has been commentary in the media about the impact of this on property owners who have not yet settled their insurance claims.
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A High Court claim for a series of declarations filed by a group of Christchurch home owners against the EQC has been recently settled, with both parties advising “there is no material disagreement” between them....
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Too often the cash settlement amount offered by insurance companies is less than what the homeowner is entitled to. This was demonstrated in the recent decision - Southern Response v Avonside Holdings.
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This article written by Peter Highton, a Senior Legal Advisor at the Earthquake Commission (EQC) outlines who holds responsibility for paying invoices relating to excesses for repairs carried out through its Canterbury Home Repair Programme.
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In this case, the insured (Skyward) owned an earthquake damaged property within the red zone. Skyward accepted CERA’s offer to purchase the land, leaving Skyward to take up the matter of its earthquake damaged 1900’s villa with Tower Insurance. The outcome may surprise you.
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Many retaining walls were damaged in the Christchurch earthquakes. It can be difficult to understand what EQC has paid and how it was calculated.
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