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.
On Monday 9 June 2014 the Labour Party released its policy to establish an Earthquake Court as a division of the District Court to hear and resolve claims against insurance companies and EQC. Here is a link to my interview on Checkpoint on Monday where I articulate my views.
Auckland
PO Box 137243,
Parnell, 1052
Tel: +64 27 434 5489
grant@grantshand.co.nz
