The Earthquake Recovery Minister, Gerry Brownlee, says he's lost patience with the private insurance industry over delays in settling quake related claims.
Christchurch homeowner Bob Burnett says lengthy delays in resolving his earthquake insurance claim is destroying his finances and affecting his kids' health. He's calling for a Royal Commission into the conduct of the insurance sector.
Official figures show the Christchurch City Council's legal bill to settle its earthquake insurance claims is sitting at nine million dollars, and climbing.
Blog of Sandy Lees, a genealogist, taphophiliac, and ephemera collector. Reflects her interest in Canterbury history. Includes a section on the insurance woes the blogger had after the Christchurch earthquakes.
Summary of oral history interview with Ellenor about her experiences of the Canterbury earthquakes.
Transcript of Martin Brown's earthquake story, captured by the UC QuakeBox project.
Transcript of Rolan McConnell's earthquake story, captured by the UC QuakeBox project.
The insurance company, Tower, has strongly criticised the time it's taking to settle Canterbury earthquake claims and says the insurance system for handling such disasters is broken.
Christchurch people who have had to battle insurance companies over the repair or rebuild of earthquake damaged homes are welcoming the Labour party's idea of an earthquake court to settle disputes.
We measure the longer-term effect of a major earthquake on the local economy, using night-time light intensity measured from space, and investigate whether insurance claim payments for damaged residential property affected the local recovery process. We focus on the destructive Canterbury Earthquake Sequence (CES) 2010 -2011 as our case study. Uniquely for this event, more than 95% of residential housing units were covered by insurance, but insurance payments were staggered over 5 years, enabling us to identify their local impact. We find that night-time luminosity can capture the process of recovery and describe the recovery’s determinants. We also find that insurance payments contributed significantly to the process of economic recovery after the earthquake, but delayed payments were less affective and cash settlement of claims were more effective than insurance-managed repairs in contributing to local recovery.
The Christchurch city and Waimakariri District councils have from today got no insurance cover for future earthquakes after their existing policies expired at 4pm.
Summary of oral history interview with Emily Nooapii about her experiences of the Canterbury earthquakes.
A pdf transcript of Rosie Belton's earthquake story, captured by the UC QuakeBox project.
Transcript of Paddy's earthquake story, captured by the UC QuakeBox project.
Transcript of Matt Black's earthquake story, captured by the UC QuakeBox project.
The cost of insurance could rise by 20 per cent as a result of the Government bailout of AMI Insurance and the mounting cost of the Canterbury earthquakes.
Overlapping claims and general confusion are delaying money payable to New Zealand for damage from the Canterbury earthquakes. The money involved is payable through reinsurance schemes taken out by insurance companies in this country, with firms overseas.
The insurance arms of Suncorp New Zealand have reported lower profits off the back of the Kaikoura earthquake and a rise in Canterbury earthquake claims. .
Shows snarling rats labelled 'insurance companies' in a cityscape. Context: Concerns about shortfall in insurance cover have arisen in response to the Christchurch City Council's draft annual plan, which proposes a 7.5 per cent rates increase to fund earthquake rebuild (Stuff 23 April 2012). Quantity: 1 digital cartoon(s).
A louse labelled, Insurance companies, is shown eating something labelled, Huge premium hikes. A definition of the louse as a scavenger and a parasite is given below. Context: Insurance premiums rose New Zealand wide following the 2010 and 2011 Canterbury Earthquakes Quantity: 1 digital cartoon(s).
Christchurch woman Pam Sharpe has endured earthquakes, fires and dealing with insurance companies, but then she received a parking ticket. She tells Checkpoint what happened next.
The Christchurch earthquakes could prompt a further shake up of the insurance industry. Home owners are already being hit with premium increases of up to 30%.
Summary of oral history interview with Laurence about her experiences of the Canterbury earthquakes.
Transcript of Siobhan Storey's earthquake story, captured by the UC QuakeBox project.
Transcript of Richard Giles's earthquake story, captured by the UC QuakeBox project.
A pdf transcript of Di's earthquake story, captured by the UC QuakeBox project.
The "Lyttelton Harbour Review" newsletter for 15 July 2013, produced by the Lyttelton Harbour Information Centre.
Listed general insurance company Tower has reported a bigger first half loss on lingering Canterbury earthquake claims and a write down in its computer systrems.
Transcript of Mike's earthquake story, captured by the UC QuakeBox project.
Summary of oral history interview with Adele Kelly about her experiences of the Canterbury earthquakes.