NZ's largest life insurer faces $700,000 fine for misleading customers
AIA's behaviour exacerbated and prolonged the harm to vulnerable customers, watchdog says.
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Thousands of insurance customers to receive refunds over payment mistakes
Financial Markets Authority says general insurers are not ready for licensing.
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.
Storms await companies that err on climate
Someone will have to pay for the costs of climate change.
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.
Rising building costs push up insurance claim costs for Tower
Number of house claims over $50,000 has doubled.
Major insurer hires local workers as call centre wait times blow out
Insurer says it is doing everything it can to alleviate call wait times.
Third CBL defendant fights for continued secrecy
The man is the third to face criminal proceedings after the NZX-listed firm CBL folded.
Third accused in CBL fraud case has separate trial ordered
Former executives Peter Harris and Carden Mulholland were charged in late 2019.
The robots are coming: Marvin, Winston, Nida and Steve love doing the jobs you hate
Robots do their job so well and without complaint, we don't even know they are there.
'Vulnerabilities remain': RBNZ warns LVRs could be tightened further
The Reserve Bank's six-monthly financial stability report has been released.
The Daring returns home to Northland after 158 years
158-year-old wreckage of The Daring returns home.
Woman's car insurance premiums increase after she removes male co-driver
Tower Insurance says the recalculation was an error, and it is investigating.
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.
Tower buys ANZ legacy insurance business for $14m
The deal ends future ANZ commission payments on the portfolio.
Contractors accidentally pour 2000 tonnes of grout into water main
Watercare is still trying to work out how the time-consuming mistake was made.
One month on from school fire, asbestos risk leaves residents homeless
MP Simon Court says the Government's poor response could leave it open to legal action.
Rising tide: How will climate change hit NZ property values?
NZ coastal homes are likely to be hit by climate impacts. But to what extent and how soon?
Diana Clement: How to financially prepare for 2021
After 2020, we should prepare for curve balls, having savings, and taking out insurance.