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Saturday, March 3, 2012

EQC e-Newsletter for March: claims settlement and Green Zone TC3 information

EQC's March e-Newsletter (here) contains:
  • new information on claims settlement
  • information on TC3 geotechnical assessments
  • a White Zone update
  • statistics on the number of full repairs done
The information on claims settlement is brief and contains a link to EQC's claim settlement page on their website (here).

The topic headings on the claims settlement page are shown below. Some of the answers are a bit dubious, and will require further work. The most obvious case relates to question 7, where EQC is of the view that specific damage cannot be allocated to a particular event.
  1. Why is the settlement of building and land claims from Canterbury such a big task?
  2. So what is so complex about multi-event claims?
  3. What is apportionment?
  4. Why does EQC need to apportion the damage where it occurred over multiple events?
  5. How does apportionment affect my claims?
  6. How does EQC know which events caused what damage, if an assessment was not done after each event?
  7. What do I do if I don’t agree with how EQC has apportioned damage?
  8. What does the court ruling have to do with this?
  9. How will the High Court’s declaratory judgment affect my claim?
  10. How long are claims taking to process under this new process?
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