High Court rules no representative action against Southern Response

Edwin Mitson
Wed, 24 Feb 2016

By Edwin Mitson Feb. 24 (BusinessDesk) - The High Court in Christchurch has rejected an attempt by a group of Southern Response Earthquake Services policyholders to bring a representative action against the Crown-owned insurance company for breach of contract, saying their claims are too varied. The 46 individuals all had similar insurance policies and were in dispute with Southern Response over damage caused to their homes in the Canterbury earthquakes. Southern Response was established following the quake on Feb. 22 2011, when insurance...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
NZ sharemarket rebounds with Wall Street rally
Dan Brunskill | Mon, 27 Jun 2022

US markets rallied on Friday night as traders began thinking an economic slowdown would stop the US Federal Reserve from hiking interest rates.

Policy
Political donations over $5k to require declaration
Staff reporters | Mon, 27 Jun 2022

The changes require disclosure of donor identities for any party donations over $5,000 versus the current $15,000. 

Law & Regulation
Public class action fund needed: Law Com
Victoria Young | Mon, 27 Jun 2022

The Law Commission has finalised its report into class actions and litigation funding.

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.