However, the concerns were tagged as a “storm in a teacup”
Residents assured that lessons were learned from the 2011 Canterbury earthquake
An insurer embargo on new policies had threatened dozens of property deals going through the settlement process
Canterbury cash settlement booklet came ‘three years too late’ according to NZ insurers
ICNZ insurance manager John Lucas discusses what’s changed and what’s the same during his 20 years in the role
NZ Treasury analysts have estimated that up to 85% of homes are under-insured by 28%, producing a total under-insurance figure of $184 billion across NZ.
The latest figures released in the ICNZ’s 2014 Review paint only part of the picture, says industry body.