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Insurance Council- Earthquake claim limitation

Here is the press release from the insurance council to the effect that CNZ members AA Insurance, FMG, the IAG brands, MAS, Tower and Vero have agreed not to plead a defence under the Limitation Act 1950 or the Limitation Act 2010 for any residential claim relating to the Canterbury Earthquakes where proceedings are filed in the Courts before 4 September 2017.  This does not affect claims against EQC or Southern Response.   To save arguments and issues I still recommend that owners sue insurers by 4 September 2016.