ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Insurance Council to complete over-cap repairs by 2016

Author
Lawrence Hakiwai,
Publish Date
Thu, 4 Sep 2014, 1:41PM

Insurance Council to complete over-cap repairs by 2016

Author
Lawrence Hakiwai,
Publish Date
Thu, 4 Sep 2014, 1:41PM

The head of the Insurance Council is confident they will live up to their promise of completing over-cap repairs by 2016.

Collectively, insurers are responsible for 23,000 home repairs and rebuilds.

Council CEO Tim Grafton says they are about 50 percent of the way through, and are confident of hitting that 2016 target.

But he says it is possible that there will be a handful of cases that push into 2017.

"People who are in the courts at the moment.

"Those people may be in till 2017, who knows?

"We've also got these multi unit buildings, they are very complex.

"There may be some slippage but we're talking 95 to 100 percent."

Take your Radio, Podcasts and Music with you