Earthquake Commission: No agreed claim deal for future disaster
Liz McDonald and Michael Hayward, The Press
New Zealand's natural disaster safety net has no agreement with insurers to receive claims as happened after the Kaikōura quakes, if another major event strikes.
However, the Earthquake Commission (EQC) believes its good relationships with insurers would lead to fast agreements if needed, chief executive Sid Miller says.
Miller, along with EQC chairman Sir Michael Cullen and deputy chief executive Renee Walker, was appearing at the commission's annual select committee review at Parliament on Wednesday.
Cullen told the committee that even with 400 staff now, EQC was unprepared for another major event.