Insurance reform battle: will it be a win for the consumer?

Insurance reform battle: will it be a win for the consumer?
Insurance claims generate more than 20,000 complaints a year. (Image: Getty)
Jem Traylen
The battle over the insurance bills continues in Parliament, with opposition MPs and Consumer New Zealand concerned that amendments introduced at the select committee would make the deal even worse for policyholders.In its submission, leading general insurer IAG warned of the need to promote the market's “sustainable functioning”.“There have been too many examples over recent years where, for various reasons, reforms that have sought to improve market participation and functioning have got the balance wrong or have de...

More Policy

Treaty at top of Roche's first week and more...
Policy Business of Government

Treaty at top of Roche's first week and more...

Our weekly roundup of public sector news and anlaysis.

Jem Traylen 06 Nov 2024
Unemployment to hit 5%, bank economists say
Economy

Unemployment to hit 5%, bank economists say

Economic activity is catching up with the labour market, says ASB economist Mark Smith.

Gregor Thompson 04 Nov 2024
NZTA board gets two more new faces
Policy

NZTA board gets two more new faces

Transport Minister Simeon Brown has appointed two new people to the New Zealand Transport Agency, making a total of six since he became minister.Professional director Mary-Anne Macleod and transport engineer Mike Rudge are the new members, appointed for three years from Nov 1.Wit...

Jem Traylen 01 Nov 2024
Peters to meet India’s foreign minister in Australia
Policy

Peters to meet India’s foreign minister in Australia

Deputy Prime Minister Winston Peters will attend the Melbourne Cup on Tuesday before heading to Canberra to meet the foreign ministers of Australia and India.In Canberra, Peters will attend and speak at the Raisina Down Under conference alongside Penny Wong and Subrahmanyam Jaish...

Staff reporters 01 Nov 2024