Uninhabitable home insurance law change dropped

Mon, 22 Mar 2021

A law change that would have required insurers to make a decision on accepting claims for uninhabitable homes within six months is being dropped.Parliament’s governance and administration select committee had been examining the Insurance (Prompt Settlement of Claims for Uninhabitable Residential Property) Bill.The MP sponsoring the bill, Stuart Smith, told the committee he wants to withdraw the bill, and the committee agreed in its report.The Kaikoura MP wanted the swift resolution of uninhabitable property claims lodged with insurance co...

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