Financial Advice

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Duty of care dilemma around rogue landlord

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 M...

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Bottling company hits trouble

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 bo...

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Does contents insurance cover a second property?

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 thi...

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Marine Cargo excess

Question: My client had a vehicle he imported transported to his premises by a transport company. The vehicle arrived damaged (scratch on bodywork) and he has made a claim against the transport company (The Company) who have...

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Gradual damage question

Question: We have a client that has discovered gradual damage due to a fault in the shower mixer. There has not been any visible signs of any damage until the client pulled some furniture out from a bedroom wall. At this stage,...

Opinion

Natural Hazards Insurance Bill looms

Keegan Alexander partners Crossley Gates and Frank Rose explain changes arisi...

The Natural Hazards Insurance Bill repeals the Earthquake Commission Act 1993 (EQC Act) and replaces it with the Natural Hazards Insurance Act 2022. The intended commencement date of the new Act is the later of:...

SPOTLIGHT ON

Feature

Insurance Contracts Bill: what you should know

Changes to insurance contract law likely to mean more work for brokers, write...

It represents the most wide-ranging changes ever proposed for New Zealand’s insurance contract law. Now, the much-anticipated reform is another step closer with the release of the draft Insurance Contracts Bill. In...

Opinion

Liability Insurance: Key differences between PL...

Crossley Gates and Frank Rose, Keegan Alexander

Underwriters have historically broken-down liability insurance into several well-known products. Each product addresses a specific basket of ways that the insured can become legally liable to a third party.  In this article,...

Feature

Q&A: Cyber insurance gets personal

Cyber insurance to protect against cyber bullying and other personal risks ha...

Q. Why is personal cyber protection insurance necessary?   Laura Murray: Because, unfortunately, cyber-crime is on the increase globally, and the COVID pandemic has only served to worsen that. As more people work from home...

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Driver-only quandary

QUESTION: Our client had taken out PMV policy and it was named driver only comprehensive policy. Named driver is under 25. Driver's uncle was driving the car who caused the accident. He is over 25 and has no previous...

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What is ‘gradual change’?

QUESTION: A client had a bird nest under some roof tiles which caused water to get into a lounge ceiling. The property is the insured's weekend home and the water damage to the ceiling was not found until the following...

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Damage on location

QUESTION: We have a client who rented a home for a commercial shoot. The shoot was over two days, after the shoot the owner noticed several areas of damage after the shoot. The Insurer wants to apply a separate excess to...

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Supply of goods inclusion in PL

QUESTION: We have a client who was engaged to renovate a home. This involved replacing some flooring with secondhand tawa flooring to match existing. The flooring was purchased from a dealer but once laid and sanded back was...

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Tree trouble

QUESTION: A tree in a car park owned by a commercial landlord breaks in a weather event and damages a trailer parked in the car park and owned by the tenant to the building. The landlord wishes to make a claim for the...

FSCL Case Study

Pregnancy and childbirth costs not covered by i...

Person B was an overseas student studying in New Zealand. She arranged travel insurance to cover her medical costs while in NZ. When she became pregnant, while in New Zealand, her medical expenses were covered by government...

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