Latest from Insurance

489 homes damaged in West Coast flooding, 153 people still displaced

Update from West Coast Emergency Management says 89 homes suffered severe or total damage.

Westport flood: 'It's not ideal' - home owner of 60 years reeling at damage

A man who has lived in his Westport home for 60 years now faces a very uncertain future.

Westport homeowners return to waterlogged, contaminated homes

Westport couple Derek and Joan Roberts return to their flood ravaged home today.

House fire: 'It is really hard for my grandfather to cope with the loss'

Whangārei couple spends life saving to buy a house, which was burnt five days later.

High Court strikes out part of $278m claims against PwC

Judge says the claims can be regarded as 'frivolous, vexatious or an abuse of process'.

'It's not safe anywhere in the world': Papatoetoe tornado's trail of destruction

'It's not safe anywhere in the world,' tornado victim says outside devastated house.

Judge rules against third CBL accused's continued anonymity

Businessman fears he would die from a stroke if his name was published in SFO case.

Pain in the pocket: Higher building costs set to hit home insurance

Major insurer plans cost increases from September.

Canterbury state of emergency to continue for week in worst-hit areas

The extended state of emergency provides reassurance for farmers in the recovery phase.

Dead husband's account used in $300,000 fraud

Judge says former health cover consultant avoided prison by a "relatively fine margin".

At least 3000 Canterbury homeowners entitled to part of $300 million insurance payout

The High Court found Southern Response had engaged in misleading and deceptive conduct.

How China is prepping for global financial meltdown

We're in one of "great bubbles of financial history" and it's about to pop, say experts.

Third person charged by SFO in case over failed insurer CBL

The former CEO and CFO have already been charged after the $747 million firm folded.

Business Hub: FMA official watching for banks behaving badly

Bolingford will use her experience handling UK banks during the GFC.

Snapped tree crushed car after inspection error

'Gap in system' identified after tree not maintained for at least six years.

Kiwi insurance start-up attracts backing from Icehouse Ventures

The Kiwi start-up has just raised $600,000 from investors.

Canterbury earthquakes NZ's most costly insurance event, $38b in property claims

A mix of sources have funded earthquake claims; existing reinsurance has funded 72%.

Tower to resume dividend payments after five-year pause

The insurer hasn't made a dividend payment since March 2016.