IFSO Case Study
Amy's* house was damaged in the Christchurch earthquakes. She made a claim under her house insurance and her insurer arranged the repairs. Several years later, Amy found the repairs to be defective, but her insurer declined to ...
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Question: I am looking for an expert opinion on the correct treatment of GST in commercial marine claims settlements using the following as an example. The insurer is Australian based and its transactions in New Zeal...
Opinion
Contract law is central to the world of commerce. Traders rely on contract law to keep parties to their promises. Contract law forms part of what is generally referred to as the rule of law. Without contract law, the world of commerce a...
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Question: We have an insured who suffered loss of rent due to the tenant vacating for non payment. There is a Tenancy Tribunal order in the insured's favor and the tenant has been lawfully evicted which meets...
FSCL Case Study
Marge* is a physio with professional indemnity insurance. In December 2021 Marge’s insurer advised that they would not be renewing her insurance policy when the policy expired the following March. In June 2022 Marge learned...
FSCL Case Study
Rai* owns three rental properties, and in 2014 he engaged an insurance adviser (broker) to help him get the right cover for his needs. Rai’s broker advised him to take out home insurance policies, with additional landlord’s...
Opinion
The Financial Markets (Conduct of Institutions) Amendment Act became law on 29 June 2022. Before that date it was nicknamed the COFI Bill, short for Conduct of Financial Institutions. Most of the Act is not in force yet; its likely...
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Question: The Landlord has a meth claim. Insurer has accepted claim and paid a cash amount based upon a cleaning quote. Insured / Landlord has told us they will be keeping the money and not cleaning the property. The...
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Question: The insured is a contract bottling company. That means they take other parties’ manufactured product and perform, under contract, the bottling and labelling of that product. Once the product has been...
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Question: A client owns a unit in a body corporate with very little contents, and they do not want insurance for these. They have another property with contents insurance. Would their section 2 liability be covered under...
