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26 Nov 2025 16:29
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      Home > News > Business

    An insurance campaigner says settlement developments are too vague to be good news

    An insurance campaigner says settlement developments are too vague to be good news


    Claims for the Canterbury quakes will now be split between insurance giant IAG and Crown body EQC.

    However EQC Fix It Spokesperson Mel Bourke is disappointed the announcement is not completely "explicit" about how IAG will handle land claims.

    She wants to see a clear statement that both land and residential claims will be managed by the private insurer.

    An IAG spokesperson says an announcement earlier in the month was clear - land claims would be managed by private insurers.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     26 Nov: Property resale performance across the country is at its softest point since 2013
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     25 Nov: Bird flu confirmed in elephant seal population at Heard Island
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     25 Nov: The Co-operative Bank has admitted breaking the law and charging too-high fees
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    RUGBY RUGBY
    Former Wallabies coach John Connolly believes world rugby is in the strongest state it's ever been More...

    BUSINESS BUSINESS
    A man's appearing in court today charged with arson - over a large fire at a plastic recycling business south-west of Auckland, at Waiuku, on Monday night More...


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