Monday, 3 September 2012 10:07 p.m.
by BrentSelwyn Popular
When buying a house in earthquake damaged Canterbury it has become commonplace to assign insurance claims to the new purchaser. This is obviously very convenient for both the buyer and the seller. If the buyer so chooses, if the repairs have not been completed, they can take on the benefit of the claim and deal with the insurer direct to have repairs effected.
However, recent interpretation of insurance law by IAG and Vero in particular have ...