Tag Archives: Insurance Pitfalls

More support for legislative changes covering insurance non-disclosure

Posted on May 5, 2015 by Lawrence

The Insurance Business New Zealand website reprorts that dispute resolution service Financial Services Complaints Ltd (FSCL) supports the Insurance and Savings Ombudsman’s view legislation is needed to deal with non-disclosure and insurance claims. The article is here. The following are … Continue reading →

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Legal class action against Southern Response?

Posted on April 29, 2015 by Lawrence

Wednesday’s Press has an article Southern Response class action ‘no win, no fee’ here. The proposal, offered by law firm GCA lawyers, is for “disgruntled customers of a major earthquake claims-holder to join “no win, no fee”class action lawsuit.” Sounds … Continue reading →

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Concerned IAG may cash you out?

Posted on March 21, 2015 by Lawrence

Lawyer Duncan Webb from law firm Lane Neave has written an article My insurer wants to cash settle my claim … which covers the issues IAG customers might find themselves facing. The article is here. It is very informative, practical … Continue reading →

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Summarising the Revised Fair Insurance Code – Part 3

Posted on March 19, 2015 by Lawrence

Insurance policies and the associated code of conduct cannot be seen in isolation from those who buy the policies, and the claims experiences they undergo. So far the Revised Code has been considered without much direct reference to the human … Continue reading →

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Summarising the Revised Fair Insurance Code – Part 2

Posted on March 16, 2015 by Lawrence

In this post we will look at whether the Code is fair or transparent, and whether utmost good faith remains relevant to New Zealand insurance practices. Is it a Fair code? No. There is no definition within the Revised Code … Continue reading →

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