Landlords and insurance companies have been dismayed to learn that the Court of Appeal has decided that residential tenants don’t have to reimburse their landlord (or insurer) where their rental property is damaged. This means that even though residential tenants don’t pay for insurance they get the benefit of the landlord’s insurance. The case went… Read More.

[Autumn 2014] When you live on a rural property or lifestyle block, fire has the potential to cause major damage. A Nelson couple felt the ramifications after a fire started from their lifestyle block and spread into an adjoining forestry block. The Fire Service and an adjoining forestry owner obtained a substantial court judgment against… Read More.

[Autumn 2014] Nearly a year to the day after the Court of Appeal, in Steigrad v BFSL 2007 Ltd [2013] NZCA 253, gave insured directors a Christmas present, the Supreme Court has played Scrooge for directors and Santa for liquidators and receivers of, and investors in, failed finance companies to recover losses by pursuing directors… Read More.

[Winter 2013] By now you have probably seen the adverts with the talking letter boxes warning us about the changes sweeping the insurance industry in New Zealand. The aim of the campaign is to help inform and educate home owners about the move from unspecified open ended replacement insurance, based on size (sqm), to maximum… Read More.

[Spring 2011] Steigrad v BFSL 2007 Ltd Most Directors and Officers (D&O) liability insurance policies cover liability to pay compensation and damages and also defence costs. Surprisingly, the High Court has held that such policies may not, in fact, cover defence costs where a statutory charge for more than the sum insured is asserted under… Read More.

[Winter 2011] ‘If I had my way, I would write the word ‘insure’ upon the door of every cottage and upon the blotting book of every public man, because I am convinced, for sacrifices so small, families and estates can be protected against catastrophes which would otherwise smash them up forever. It is the duty… Read More.