The Missing Billions Presentations

Posted on 18/03/2015 by

RWW  has completed two very successful public presentations of the “Missing Billions.“  It was very pleasing to see the level of interest from Cantabrians with all seats taken on both nights. The presentation gave focus to the recent decisions achieved by RWW in the Court of Appeal in Marriott v Vero  CA 776/2013 [2014] NZCA 447 and QBE v Wild South Holdings Ltd and Maxims Fashion Ltd CA 776/2013 [2014]. These cases will be key for insureds going forward with both settled and unsettled claims as they contain the typical ”reinstatement of amount” language which features in most commercial and some residential insurance policies . Once having shown those attending the right and wrong way to adjust a multiple earthquake claim, the presentation went on to explain the  steps that can be taken by insureds to review  their signed discharge document  and, where appropriate, seek to have that discharge set aside.  These issues are currently being litigated in the High Court  and affect a large number of Cantabrians who have  settled  claims

If you or your group would like to arrange a presentation please call or email Helen Rait for Details: (03) 943-4141, hrait@riskworldwide.co.nz