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YOUNG AND ANOTHER v TOWER INSURANCE LTD

LLR: Insurance & Reinsurance Plus

YOUNG AND ANOTHER v TOWER INSURANCE LTD

[2017] Lloyd's Rep. IR Plus 43

NEW ZEALAND HIGH COURT

Before Justice Gendall

Insurance (property) – Earthquake damage – Whether house capable of economic repair – Whether insurers elected to make a cash settlement – Scope of duty of utmost good faith – Exemplary damages – Damages for late payment.

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