Given the state of EQC's finances following the 2010/11 earthquake sequence, EQCfix is today asking EQC's Board to urgently request the Minister of Finance trigger the Crown Guarantee per section 16 of the EQC Act:
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Peter Woods of Anthony Harper has provided a recommendation that homeowners lodge a drainage claim with EQC during the grace period. Mr Woods has provided a templated letter for use by homeonwers.
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When the petition for a Royal Commission into defective repairs was launched the problem was recognised as significant....
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We have concerns about the nature of the "cash settlement" as EQC has provided no definition or explanation of this term. Peter Woods of Anthony Harper.
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Homeowners concerned about mesh used in their foundations need answers!
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You may remember in August 2016 EQCfix.nz uncovered documents showing that four Fendalton landowners were paid an average of $595,000 in December 2010 by EQC in settlement of their earthquake land claims.
This information was hidden by the Minister responsible due to 'optic risk'.
Read MoreIf you signed your land claim over to your private insurer, how much is EQC paying your private insurer to settle that land claim? Are you undercap but live on TC2 or TC3 land and still want your land fixed? To answer these questions EQCfix.nz went to the Chief Ombudsman to force EQC to start publicly publishing its reports on land repair costs in Canterbury.
Read MoreThe Canterbury Earthquake sequence resulted in mass movement of land which has impacted the reliability of property boundaries. Legislation was required to ensure earthquake affected boundary lines were redefined by survey as...
Read MoreIn blog post one we highlighted how, due to EQC not increasing its $100,000 "cap" since 1993, by 2016 even minor repairs quickly exceeded that cap. EQC were well aware of this when the Canterbury Earthquakes struck. In blog post two we explained that one of EQC's strategies to deal with the size, scale and cost of the damage was to pretend that the standard of reinstatement for homes was not "When New" but just "pre-earthquake"...
Read MoreEQCfix.nz recently obtained information that we believe shows that EQC were assessing and settling claims using the wrong standard from Day One. In our first blog post you were introduced to Tonkin & Taylor, and their thoughts on EQC's repair standard.
Read MoreWelcome to the EQCfix.NZ blog. We are going to start the blog by highlighting what many consider to be EQC's confusion over the reinstatement standard EQC applies to buildings that are covered by the Earthquake Commission Act 1993 (henceforth the EQC Act).
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