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Apportionment – is EQC now your insurance company?
Most are familiar with the High Court declaratory judgement instructing EQC that the total cost of claims must be apportioned over the number of claims lodged. As it happens, the Court’s decision has a...
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EQC e-Newsletter for March: claims settlement and Green Zone TC3 information
EQC’s March e-Newsletter (here) contains: new information on claims settlement information on TC3 geotechnical assessments a White Zone update statistics on the number of full repairs done The...
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EQC – Apportionment
This morning’s Press has an article C’mon EQC, explain apportionment by Will Harvie (here). It is a good read and pointedly questions the whole process. EQC responded (reproduced below), without...
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EQC – Apportionment model under development
According to the Australian website insuranceNEWS.com.au EQC and insurers are working together to develop an apportionment model. From the article (here), dated 25 June 2012: New Zealand’s Earthquake...
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EQC – Apportionment explained
EQC have updated their website to provide more detail on what apportionment means, and how it is worked out. From the EQC website. Many Canterbury homes have suffered damage from more than one...
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More about dealing with hard bargainers
Back on the 2nd of August there was a blog item Dealing with hard bargainers, in which the bargaining tactics used by professional, and at times less than scrupulous, negotiators might use (think...
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EQC – changes to the Apportionment FAQ
EQC today changed some of the layout of its Apportionment FAQ and added more text (here). Perhaps the most significant change occurs at the end of the explanation of how apportionment works, with the...
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Hard bargaining end games
A few weeks ago there was a post on more of the tactics used by hard bargainers (here). Auckland barrister and professional mediator Nigel Dunlop has written the fifth and final article in his series...
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EQC–update to changes to the Apportionment FAQ
Monday’s blog (here) mentioned changes to how EQC would make it’s apportionment assessment, and that reference to the customer’s apportionment estimate had been removed. Yesterday EQC changed the page...
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