Xu and Diamantina Trust v IAG & EQC [2017] NZHC 1964
Seven years on from the September 2010 Christchurch earthquake, the case of Xu & Diamantina Trust Limited v IAG has provided much needed clarification on the assignment of insurance policies. Many residential properties following the earthquakes were sold in their damaged condition with the vendor assigning their insurance policy and claims to the purchaser. Most residential insurance [...]