The Canterbury Earthquakes Insurance Tribunal Bill has been introduced to Parliament.
Budget 2018 included money to establish a tribunal to help people resolve residential insurance claims from the 2010 and 2011 Canterbury earthquakes. The proposed legislation will establish the tribunal, providing Canterbury homeowners with an efficient and flexible option to resolve long-standing insurance claims, and help them move on with their lives.
The Bill reflects the Government priority to provide Canterbury homeowners with another way to make progress with insurance claims, and to reach an outcome. It proposes a tribunal that is:
Carl Crafar, the Ministry’s Chief Operating Officer, says some details of the tribunal’s workings will only be finalised once the Bill is passed.
“But we are starting to put things in place so the tribunal can be operational as soon as practicable once the Bill becomes law,” he says.
The next step is the Bill’s first reading, and then consideration by the Select Committee, when people will have the opportunity to comment on the Bill.
For more information on the Bill, see the Ministers’ news release:
You can also find more information in our key initiatives section: