Viewing entries tagged with 'Insurance '

Call to change insurance law to stop 'ruined lives'

3 March 2017

Stuff: New Zealand needs a law change to stop people "ruining their lives" by not disclosing relevant information to their insurers, the Insurance and Financial Services Ombudsman says.  More>

Insurance policyholders sickened by 'unfair' excesses on claims

5 October 2016

One in 10 calls to the Insurance and Financial Services Ombudsman are about excesses levied by insurers on claims. And no wonder when what a policyholder thought of as one incident can result in two, three, or even 10 excesses to be paid. More> 

Tower in dangerously hot water

9 September 2016

Tower braces for $16.2m drop in net profit as Deloitte tells it to hike its Canterbury quake provisions due to it spending more on litigation and over-cap EQC claims; Share price hits 12-year low.  More>