The Supreme Court has on 27 August 2014 overturned the decisions of the High Court and Court of Appeal in Ridgecrest Ltd v IAG New Zealand Ltd [2014] NZSC 117 and allowed Ridgecrest to recover for multiple events under its insurance policies with IAG.  This will enable Ridgecrest to recover in to total more than the sum insured of $1,948,000.  Of interest is that the Supreme Court cited with approval US decisions on the issue.  The decision is positive for insureds with claims against insurance companies where the insured suffered damage in different earthquakes and has a sum insured policy.