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Insurance: NZ earthquake case on red zones
- CMS Cameron McKenna
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- New Zealand
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- April 25 2013
A recent decision in New Zealand (O'Loughlin v Tower Insurance) concerning the recoverability of losses to a property as a result of it being in the
Insurance: update on NZ earthquake cases
- CMS Cameron McKenna
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- New Zealand
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- April 23 2013
Between September 2010 and June 2011 the Christchurch area of New Zealand was hit by a series of earthquakes of differing levels of intensity
Bridgecorp decision overturned
- Gilbert + Tobin
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- New Zealand
- -
- January 17 2013
In a judgment that will be welcomed by both insurers and insureds, the New Zealand Court of Appeal has confirmed that, contrary to the first instance
Bridgecorp appeal: the latest on defence costs under a D&O policy and the application of a statutory charge
- Clayton Utz
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- Australia, New Zealand
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- January 14 2013
Should companies purchase a defence costs only policy, separate to their D&O policy, to cover their directors and officers? This has been a live
Common meaning of term of exclusion clause prevented indemnity being available
- Norton Rose Fulbright LLP
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- New Zealand
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- August 10 2010
The global financial crisis has led to many claims being made on financial advisers by investors who have suffered losses as a result of a decrease in the value of their investments
Court approves scheme of arrangement for insurance run-off
- Russell McVeagh
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- New Zealand
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- July 13 2012
Justice Venning approved a scheme of arrangement under Part 15 of the Companies Act 1993 effecting the managed withdrawal by ACS (NZ) Limited from its insurance business in New Zealand
Court upholds Rena owners' right to create a limitation fund
- Chapman Tripp
- -
- New Zealand
- -
- April 8 2013
The High Court has authorised the Rena's liability insurer to create a limitation fund. The fund will provide security for claims - within a
Bridgecorp decision overturned by Court of Appeal of New Zealand
- CMS Cameron McKenna
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- New Zealand
- -
- January 2 2013
On 20 December 2012 the Court of Appeal of New Zealand overturned the first instance decision in Steigrad v BFSL 2007 Limited (Bridgecorp), finding that a
Is your D&O policy adequate?
- Buddle Findlay
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- New Zealand
- -
- November 17 2011
A recent decision has a significant impact on the interpretation and application of directors and officers insurance (D&O) policies
Professional indemnity insurance what are you covered for?
- Buddle Findlay
- -
- New Zealand
- -
- August 7 2012
In TimTech Chemicals Limited v QBE Insurance (International) Limited 2012 NZCA 274, TimTech tried to claim from QBE under its professional indemnity insurance for losses it paid to Carter Holt Harvey as a result of failures to correctly treat timber provided to Carter Holt Harvey
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