Recently insurance companies have sought to have insureds assign to the insurance company the EQC land claim under s19 EQC Act as part of the settlement of the house claim. The insurer does not insure the land and has no rights to the land claim, so it should not be a part of the settlement of the house claim.
Auckland
PO Box 137243,
Parnell, 1052
Tel: +64 27 434 5489
grant@grantshand.co.nz
