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Tower sues EQC for $80m

Claim relates to payments for Canterbury earthquake damage.

Tim Hunter Mon, 30 Mar 2020

Tower Insurance has sued the Earthquake Commission for more than $80 million relating to a long-standing dispute over Canterbury earthquake claim costs.

The NZX-listed insurer said today it had lodged formal proceedings against EQC saying court action was the only viable way forward.

The

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Tim Hunter Mon, 30 Mar 2020
Contact the Writer: thunter@nbr.co.nz
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Tower sues EQC for $80m
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