Jonathan Nicolle

Sep 24, 2024 | lexology.com | Jania Baigent |Jonathan Nicolle |Sam Hider |Nick France

On 9 September 2024, The Finance and Expenditure Committee (Committee) released its report on the Contracts of Insurance Bill (Bill). In this article, we discuss the Bill and the Committee’s report, and we take a look at potential ‘watch out’ areas around the interpretation of ‘reasonable time’ and the possible impact of genetic testing. The Bill’s key features The key changes proposed by the Bill include: New disclosure duties.

Jul 11, 2024 | lexology.com | Helen Smith |Mike Wakefield |Hamish Harwood |Jonathan Nicolle |Judith Cheyne |Sam Hider

Building and Construction Minister Hon Chris Penk wants to make remote building inspections the default. In this article we consider the promises (and potential pitfalls) of the proposal. Earlier this week the Government announced plans to streamline aspects of the building consent process and reduce construction costs, by requiring building consent authorities (most of whom are councils) to adopt the use of remote inspection technology. What would this look like?

Dec 11, 2023 | lexology.com | Ben Upton |James Caird |Jonathan Nicolle |Nina Blomfield |Sam Comber

In the latest penalty obtained by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko, Medical Assurance Society New Zealand Limited (MAS) must pay $2.1 million for failing to correctly apply policy discounts, inflation adjustments, and benefit payments to some of its entitled customers between 2014 and 2019. Key takeawaysFinancial institutions should have robust systems and processes to prevent overcharging and to calculate customer entitlements.