Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

EQC to reimburse insurers for quake damages

Reprints
Earthquake

New Zealand’s Earthquake Commission has agreed to reimburse insurers Insurance Australia Group Ltd. and Tower Insurance Ltd. for the amounts they spent fixing earthquake-damaged homes in Canterbury, Stuff reported. EQC will pay nearly $42 million New Zealand ($29.10 million) to Tower, while IAG will also receive a “commercially sensitive” amount in settlement. EQC’s reinsurers will bear the cost of settlement.

Read more.