
Sub seller charged with $22m scam
A young entrepreneur behind a business selling submarines has been charged over an attempted $22 million insurance scam.
A young entrepreneur behind a business selling submarines has been charged over an attempted $22 million insurance scam.
While it's hard to summon up much sympathy for insurance companies, they also have a few justifiable complaints to make against their customers, writes David Chaplin.
IAG has been given the final regulator's tick to buy Wesfarmers' Lumley general insurance unit, adding to the dominance of NZ’s biggest general insurer.
The Earthquake Commission has been able to increase its reinsurance cover after securing better terms in its latest annual round of negotiations.
More than 100 insurance claims have already been lodged with AA Insurance today for damages to roofs, windows and fences from the overnight storm.
The head of this country's biggest insurer has welcomed regulatory approval for the New Zealand part of a A$1.85 billion ($2 billion) purchase although the Reserve Bank has not yet given the deal the green light.
The A$1.85 billion deal for Insurance Australia Group to buy the New Zealand and Australian underwriting businesses of Wesfarmers has been delayed.
We all know the benefits of driving safely - and now an insurance company is offering the incentive of reduced premiums.
One of the world's biggest and oldest insurers is underwriting a new building warranty insurance scheme being launched in New Zealand.
Southern Cross and Travel Insurance Direct joint winners with 'outstanding value' in survey of 29 providers.
Former children's television presenter Olly Ohlson lost his cool over the Government's handling of his red-zoned house in Christchurch and moved to Dunedin.
Sending Kiwis to India or Asia for major surgical procedures has been ruled out by the boss of New Zealand's biggest health insurer.
Easing reinsurance costs and big profits in the industry mean homeowners' premiums should come down, says Consumer NZ, but the Insurance Council says other factors mean that is unlikely.
The Reserve Bank has told the insurance industry to expect a tougher stance on corporate governance as it beds in new rules for the industry.
New Zealand health insurers are offering cheap policies designed to tempt young people - but there are concerns that they may not be cost-effective in the long run.
A High Court insurance stoush has been parked to enable the Financial Markets Authority to enter into settlement talks with Hanover directors and promoters.
Pet owners are paying hundreds of dollars every year for insurance to ward off expensive vet bills.
Sitting down with his insurance company late last year, Proform Plastics' managing director Nick Smith weighed up the figure for fire cover.
Hanging a coat-hanger on a fire sprinkler caused a flood that damaged eight floors of an apartment building and left a group of students facing a $26k bill.
Last year was one of the most expensive years ever for storm damage, with $174m of insurance claims lodged for weather-related events.
A Netherlands-based travel agent has done what Queenstown's council would not - offered $1400 to two tourists whose car was crushed by a tree in the town.
Two German travellers whose car was written off after being crushed by a tree on council land aren't impressed by the offer of a free bungy in compensation.
A Texas restaurant owner is selling his business so one of his waitresses can afford surgery on her brain tumour.