Shares in the insurance company, Tower, have plunged close to 20 percent today after it said its profits will likely fall more than 16-million dollars because of Canterbury earthquake claims.
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.
The "Lyttelton Review" newsletter for 10 December 2012, produced by the Lyttelton Harbour Information Centre.
More well known as the Government Life building - too be demolished.
The "Lyttelton Review" newsletter for 3 December 2012, produced by the Lyttelton Harbour Information Centre.
An entry from Ruth Gardner's blog for 23 December 2011 entitled, "Afternoon Aftershocks".
The "Lyttelton Review" newsletter for 23 January 2012, produced by the Lyttelton Harbour Information Centre.
A Waikato primary school refuses to back down and re-enroll a violent eleven year old and the country's largest general insurer defends changes to home insurance policies in the wake of the Christchurch earthquakes.
The "Lyttelton Review" newsletter for 16 July 2012, produced by the Lyttelton Harbour Information Centre.
An infographic showing estimated repair costs for major Christchurch City Council facilities.
The government is hoping a new one-stop shop will help homeowners in Canterbury still struggling with insurance claims, but as Logan Church reports, this isn't the first initiative of its kind in the quake-rattled city.
An entry from Ruth Gardner's blog for 1 April 2011 entitled, "Day 39 - inside the red zone".
Christchurch homeowners are still battling insurers eight years after the first major earthquake. Mike and Fran Dodge say their insurer AA has not honoured their insurance policy, and now court seems to be the only option left.
The appointment of Christchurch MP Gerry Brownlee as National's deputy leader has been met with a chorus of outrage from some Cantabrians - who say he is responsible for lengthy delays in settling insurance claims from the Canterbury earthquakes.
The Lyttelton Harbour Information Centre's "Community Earthquake Update" bulletin, published on Friday 24 June 2011.
The "Lyttelton Review" newsletter for 11 June 2012, produced by the Lyttelton Harbour Information Centre.
The "Lyttelton Harbour Review" newsletter for 11 March 2013, produced by the Lyttelton Harbour Information Centre.
The "Lyttelton Review" newsletter for 17 December 2012, produced by the Lyttelton Harbour Information Centre.
The "Lyttelton Harbour Review" newsletter for 28 January 2013, produced by the Lyttelton Harbour Information Centre.
A man walks away from a scene of destruction after an earthquake; he is reading a newspaper whose headline is 'ACC takes earthquake hit' and because he is not looking where he is going he is about to step into the sea in which lurks a shark that represents 'levies'. A second version has the shark representing 'Nick Smith'. Context - The second Christchurch more devastating earthquake of 22 February 2011 that followed an original earthquake on 4 September 2010. Levy changes from April 1 will give businesses discounts or penalties on their workplace ACC levies based on a three-year claims history but ACC Minister Nick Smith said today that the quake would be declared an "adverse event" so Christchurch employers would not be unfairly hit with a levy increase, unless they contributed materially to an employee's injuries. (NBR 10 March 2011) Two versions of this cartoon are available Quantity: 2 digital cartoon(s).
Blog of Action for Christchurch East, a group campaigning for the rights of residents in the Eastern suburbs of Christchurch. Includes discussion of political and social issues, delays to insurance payments and repairs, and protest actions in response.
Before the earthquakes, Sarah Miles ran a psychotherapy practice in Christchurch. During the recovery phase she was astounded to find that when it comes to issues of real importance to the citizens â€" welfare, policyholder protection, economic security and education â€" politicians are conveniently deaf, dumb and blind. She’s written a book intended to expose the Government and the insurance industry's failure, she says, to protect the citizens of Christchurch and draw attention to the need for change to ensure that there is not a repeat of what she describes as the fiasco that happened in her city. Sarah Miles’ book, The Christchurch Fiasco â€" Insurance Aftershock and its Implications for New Zealand and Beyond, is published by Dunmore Publishing.
Before the earthquakes, Sarah Miles ran a psychotherapy practice in Christchurch. During the recovery phase she was astounded to find that when it comes to issues of real importance to the citizens - welfare, policyholder protection, economic security and education - politicians are conveniently deaf, dumb and blind. She’s written a book intended to expose the Government and the insurance industry's failure, she says, to protect the citizens of Christchurch and draw attention to the need for change to ensure that there is not a repeat of what she describes as the fiasco that happened in her city. Sarah Miles’ book, The Christchurch Fiasco - Insurance Aftershock and its Implications for New Zealand and Beyond, is published by Dunmore Publishing.
Before the earthquakes, Sarah Miles ran a psychotherapy practice in Christchurch. During the recovery phase she was astounded to find that when it comes to issues of real importance to the citizens - welfare, policyholder protection, economic security and education - politicians are conveniently deaf, dumb and blind. She's written a book intended to expose the Government and the insurance industry's failure, she says, to protect the citizens of Christchurch and draw attention to the need for change to ensure that there is not a repeat of what she describes as the fiasco that happened in her city. Sarah Miles' book, The Christchurch Fiasco - Insurance Aftershock and its Implications for New Zealand and Beyond, is published by Dunmore Publishing.
A public talk by Tim Grafton, CEO at the NZ Insurance Council. This talk formed part of the Panel Discussion session, 'Is delay, deny an urban myth?'. The Panel Discussion was chaired by Brendon Burns, Director at Macro Communications.
Christchurch central seems to have a business micro-climate. And right now it's chilly. The CBD is nothing like it used to be before the 2011 earthquake and those businesses that re-opened say they really had no choice because of the demands of insurance companies.
An entry from Ruth Gardner's blog for 5 March 2011 entitled, "Day 12, 5am - inside the Christchurch cordon".
The "Lyttelton Harbour Review" newsletter for 15 July 2013, produced by the Lyttelton Harbour Information Centre.
The "Lyttelton Review" newsletter for 30 July 2012, produced by the Lyttelton Harbour Information Centre.
The "Lyttelton Review" newsletter for 9 July 2012, produced by the Lyttelton Harbour Information Centre.