The Contracts of Insurance Bill has now become law. The Contracts of Insurance Act 2024 enacts changes to insurance contract law which have been in the making for over 25 years Insurance contracts have been governed for decades by laws from a melting pot of ...

Anderson Lloyd Litigation Partner, Melissa Hammer, is proud to be the sole author of the New Zealand chapter of the recently published 12th edition of Lexology In Depth: Insurance and Reinsurance Law. This edition provides an insightful overview of the legal and regulatory frameworks governing ...

Anderson Lloyd was pleased to sponsor the keynote speaker, Karen O'Leary, at this year's New Zealand Insurance Law Association (NZILA) event. Frazer Barton, Litigation Partner at Anderson Lloyd, thanked Karen for her keynote address – Difference is an asset. The premier insurance law conference took place earlier this ...

New Zealand law firm Anderson Lloyd has launched a fixed-fee service to act for people who settled with Southern Response who are now entitled to a top up payment. It is estimated up to 3,000 homeowners may be entitled to further compensation where Southern Response ...

It has been reported that the latest ransomware attack against the brewer, Lion Australia, came with a demand for US$800,000. Is the recent spate of cyber attacks in Australia a cause for concern here in NZ? And how well prepared are businesses for this threat? ...

The novel coronavirus is giving the world a major scare. There is no doubt that it is also going to present New Zealand with an economic speedbump this year.  Many businesses are already experiencing the direct impact of coronavirus. We have seen some exports to ...

The Ministry of Business, Innovation and Employment (MBIE) has announced plans to conduct a review of insurance contract law in mid-2018. In a statement released on 6 March 2018 MBIE, who will be responsible for undertaking the review, expressed concerns that New Zealand's current insurance ...

The sixth anniversary of the Canterbury September earthquake is fast approaching. With it, comes another worry to add to the anxiety and uncertainty facing those who have not yet resolved insurance issues arising from that earthquake and those that followed. Under limitation law, there is ...

The Supreme Court has released its decision in Southern Response v Avonside Holdings Limited and dismissed the appeal by Southern Response.  This decision clarifies what must be included when an insurer is calculating the notional cost of rebuilding an insured property. Background A residential property ...

Despite initial comments from Earthquake Recovery Minister Gerry Brownlee that any changes to New Zealand's Earthquake Commission ("EQC") scheme would be minor, proposals released yesterday (Monday 6 July) on the back of the Government ordered review, suggest it may be in for its own shake-up. ...

The Supreme Court decision, Tower Insurance Limited v Skyward Aviation 2008 Limited [2014] NZSC 185, released late last year, provides some clarity about how cash payments by insurers are to be calculated where the insured holds a full reinstatement insurance policy. Skyward Aviation 2008 Limited ...

Many insurance policies allow either the insurer or the insured whether to elect to rebuild damaged premises on the same site, or purchase a new house elsewhere provided that the cost of the new house does not exceed the cost of rebuilding on the insured's ...